How much vehicle can I afford?

Experts suggest allocating no more than 20% of your take-home pay to monthly auto payments. The down payment, interest rate and loan term will help determine how much you might afford. Use this auto loan calculator to help determine your possible budget for a new or used vehicle.


This information may help you analyze your financial needs. It is based on information and assumptions provided by you regarding your goals, expectations and financial situation. Calculated results are estimates for illustrative purposes only. Result does not constitute an offer to extend credit or guarantee loan approval; does not account for creditworthiness or other loan eligibility factors; and does not account for all fees or insurance that may apply. Your actual APR will be determined at the time of application and will be based on your application and credit information. Further, the calculations do not infer that Alliant assumes any fiduciary duties. The calculations provided should not be construed as financial, legal or tax advice. Please consult with qualified professionals to discuss your situation. In addition, such information should not be relied upon as the only source of information. This information is supplied from sources we believe to be reliable, but we cannot guarantee its accuracy or outcome. Hypothetical illustrations may provide historical or current performance information. Past performance does not guarantee nor indicate future results.