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.)

 
   
   
Griffith Insurance LLP - Auto, Home, Life, Business Insurance
Goshen Professional Center
1240 West Chester Pike, Ste 214
PO Box 1390		 • West Chester, PA • 19380
Phone: 610-431-9900 • Fax: 610-431-2700
• tom@griffithllp.com mark@griffithllp.com kelly@griffithllp.com