Fit Finance Academy
Car Affordability Calculator
Two common ways to figure out what car actually fits your budget, before a dealership tells you what you "can afford" based on the longest loan they can approve.
How this works: put at least 20% down, finance for no more than 4 years, and keep your total monthly car costs (payment, insurance, gas, maintenance) under 10% of your gross monthly income.
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Everything except the loan payment itself.
How this works: keep your loan payment under 15% of take-home (net) pay for a new car, or 10% for a used car or lease, with total ownership costs (payment + insurance + gas) staying under about 20%.
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New
Used / Lease
Not sure how this fits your bigger picture?
A Financial Reset Call is where we look at your real numbers together, including whether a car purchase fits your current goals.
Book a Financial Reset CallThe Car Affordability Calculator is an educational estimate from Fit Finance Academy, not personalized financial advice. Both methods shown are common industry rules of thumb, not universal rules, and don't account for your full financial picture, actual loan rates, or trade-in value. This is a starting point for conversation, not a guarantee, and it's not a substitute for advice from a qualified financial professional.