Money
Total car affordability calculator
Calculate what a vehicle may cost only after insurance, fuel, maintenance, taxes, existing commitments, and protected saving.
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Plain-language method
The instalment is only one part of car affordability.
This calculator subtracts household expenses, existing debt, desired saving, and estimated vehicle running costs before sizing a fixed-rate loan. That prevents a small-looking instalment from hiding a large total transport cost.
MoneyHelper also recommends starting with the household budget and comparing upfront and monthly costs before selecting car finance.
Source: MoneyHelper car-finance guidance
Loan-payment allowance = income − essential costs − existing debt − protected saving − running costs
Results update instantly and stay on your device. Review the assumptions above before relying on an answer.