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.)

 
   
   
Progressive Financial Planning Services, Inc.
10412 S. Cicero Ave. • Oak Lawn, IL • 60453
Phone: 708-422-3711 • Fax: 708-422-5727
www.progressivefinancial.net • bob@progressivefinancial.net

Advisory Services offered through Investment Advisors, A Registered Investment Advisor and division of ProEquities, Inc.  Securities offered through ProEquities, Inc., a Registered Broker-Dealer and  Member, FINRA & SIPC.  Progressive Financial Planning Services, Inc. is independent of ProEquities, Inc.