Wealth

True Car Affordability

Calculate the real cost of car ownership, not just the monthly payment. Includes insurance, maintenance, fuel, and depreciation.

Monthly Gross Income

Car Price

Down Payment

Loan Term

12 months84 months

Interest Rate (APR)

0%20%

Annual Insurance

Annual Maintenance

Monthly Fuel

Your Results

Total Monthly Cost

$1,416.15All-in car expenses

% of Income

23.6%Too expensive

Total Interest Paid

$5,219Over loan term

Total Ownership Cost

$84,969Over 60 months

This car costs more than 20% of your income. The 15% rule suggests looking at cars under $37,800.

Loan Payment586.98 (41%)

Insurance125 (9%)

Maintenance66.67 (5%)

Fuel200 (14%)

Depreciation437.5 (31%)

How the AI uses this data

"Based on your data, I can give you specific, personalized recommendations instead of generic advice."

The AI learns about you to provide truly relevant guidance.