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Edward W. Adams, C.P.A. Registered Representative

Financial Strategies For Your Future

Contact Us

1719 Callender Rd.
Thompson, PA 18465
  • Phone:
    570-727-3325
  • Fax:
    570-727-2239
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Financial Strategies For Your Future

Printed from: www.adamscpa.com
  • Adams and Associates, PC
  • 1719 Callender Rd., Thompson, PA 18465
  • 570-727-3325 |

Car Affordability

How Much Can You Afford to Pay for a Car?

Your down payment and monthly payment amount are just the beginning of the costs involved in owning a car. Maintenance, insurance, fuel, and other ongoing expenses can take up a substantial amount of your overall transportation budget.

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 help 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.

Your Results

Based on the information you provided, you can afford to buy a car that costs: $0.00
Total interest you would pay: $0.00
Total cost of car: $0.00

This chart illustrates the remaining loan balance over the life of the loan.

Car Loan Balance Over Time

 

This hypothetical example is intended for illustrative purposes only. Actual results will vary based on the car you buy and the terms of your loan.

This hypothetical example is used for illustrative purposes only. Actual results will vary.

The information in this calculator is not intended as tax or legal advice, and it may not be relied on for the purpose of avoiding any federal tax penalties. You are encouraged to seek tax or legal advice from an independent professional advisor. The content is derived from sources believed to be accurate. Neither the information presented nor any opinion expressed constitutes a solicitation for the purchase or sale of any security.

This material was written and prepared by Emerald Connect, LLC.
© 2018 Emerald Connect, LLC. All Rights Reserved.

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Contact Us

1719 Callender Rd.
Thompson, PA 18465
  • Phone:
    570-727-3325
  • Fax:
    570-727-2239

Market Watch

Last Closing Prices

Ticker Name Percent Difference (when noted with %) otherwise Last Price Difference (where applicable)
Dow Jones Industrials 25,444.34 +0.26%
Nasdaq Composite 7,449.03 -0.48%

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This site is published for residents of the United States only. Registered Representatives of Cetera Financial Specialists LLC may only conduct business with residents of the states and/or jurisdictions in which they are properly registered. Not all of the products and services referenced on this site may be available in every state and through every representative listed. For additional information please contact the representative(s) listed on the site, visit the Cetera Financial Specialists LLC site at www.ceterafinancialspecialists.com

Securities offered through Cetera Financial Specialists LLC (doing insurance business in CA as CFGFS Insurance Agency), member FINRA/SIPC. Advisory services offered through Cetera Investment Advisers LLC. Cetera entities are under separate ownership from any other named entity. Home offices at 200 N. Martingale Rd., Schaumburg, IL 60173; phone 888-528-2987.

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