Car Affordability  
For many individuals, the price of car they can afford is a function of the amount of the monthly payment. You can use this calculator to determine how much you can afford to pay for a car based on your monthly payment amount, down payment, loan term, and available interest rate.
     

Payment
(How much do you want your monthly payment to be?)

$

Down Payment
(How much do you plan to put down on the car? This amount does not include insurance or fees for license and registration.)

$

Interest Rate
(Enter the interest rate that is currently available from your lender.)

%

Loan Term (months)
(Enter the number of months. For example, enter 60 months for a 5-year loan.)

 
   
   
Rj Welsch & Associates
3740 North Kostner Ave., Suite 1 • Chicago, IL • 60641
Phone: 773-725-8488 • Fax: 773-725-8586


Securities offered through FSC Securities Corporation, member FINRA/SIPC.  Investment advisory services offered through The Retirement Group, LLC., a registered investment advisor not affiliated with FSC Securities Corporation. Traditional insurance is offered through R.J. Welsch & Associates and is not affiliated with FSC Securities Corporation.