Car Affordability Calculator

1. Monthly Budget: What you can afford.
2. Down Payment: Cash on hand.
3. Loan Terms: Expected rate and years.
4. Result: Maximum Vehicle Price you should shop for.

The Car Affordability Calculator reverses the math. Instead of asking "What is the payment?", it asks "What fits in my $400/month budget?"

Using the 20/4/10 rule (20% down, 4 years, <10% income) is recommended.