Car Affordability & Loan Calculator

The Car Affordability & Loan Calculator helps you determine if you can afford a specific car based on your monthly salary, expenses, and loan capacity. It calculates your maximum affordable car price, suggested down payment, and monthly EMI to help you make an informed car purchase decision.

You input your monthly salary, car price, down payment preferences, loan terms, and recurring car expenses. The calculator determines your maximum car expense capacity, calculates the loan amount you can afford, and provides a comprehensive affordability analysis including EMI calculations and total cost breakdown.

If you earn ₹1,00,000 per month and want to buy a car worth ₹9,00,000, the calculator will analyze your affordability based on your salary, suggest an appropriate down payment, calculate the EMI, and determine if the car fits within your budget constraints.