Estimate your monthly car loan payment and total cost with NerdWallet’s auto loan calculator. Adjust car price, term, rate and down payment to find the best fit for your budget. Loan term (months) ...

How much car can you afford? Many people wrestle with this question, but financial personality Humphrey Yang recently broke it down to a simple formula. Knowing how much you can truly afford can help ...

How much car can I afford? As if car shopping weren't challenging enough already, figuring out how much to spend on a car is a moving target even among financial experts. Some believe that, all ...

If you are struggling to keep up with your monthly car payment, you’re not alone. Credit rating agency Fitch Ratings 1 found that 6.1% of subprime borrowers (those with a credit score between 501-600) ...

Aim to spend no more than 10% of your monthly take-home pay on a car payment, but you may have flexibility. Many, or all, of the products featured on this page are from our advertising partners who ...

Car payments can eat up a huge chunk of your monthly budget. According to Experian’s State of the Automotive Market report in late 2024, the average new car payment has ballooned to $737. Read Next: 4 ...

Consider strategies like refinancing, selling your car and asking your lender for flexibility when trying to reduce your car payment Written By Written by Staff Loans Writer, Buy Side Emily Sherman is ...