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.)

 
   
   
Perret Financial
300 Vestavia Parkway
Ste 2300		 • Birmingham, AL • 35216
Phone: 205-795-2043 Toll Free: 1-800-654-0617 • Fax: (205) 823-7758
• paul@perretfinancial.com
Currently Licensed in Alabama, Georgia, Louisiana, Mississippi, North Carolina and Tennessee. License Held: 6, 63 and 65
 
Investment Advisory services offered through Investment Advisors, a division of ProEquities, Inc.
A Registered Investment Advisor. Registered Representative, ProEquities, Inc. A Registered Broker, Dealer, and Member FINRA & SIPC.
  Perret Financial is independent of ProEquities, Inc.