How can I determine what price car I can afford? - debt to income calculator
There are mortgage calculator, you can say, on the basis of their debt / income ratio, the maximum price for a house you can afford. Is there the same type of simulator, you can use to specify the maximum price that the car I can afford to be determined?
2 comments:
Not go into debt for a car! If you have 3 big you can a decent used car completely. If you need a small loan, is very good. Otherwise, it is almost always a bad idea to finance a car. If you are not sure that it will continue to be paid long after the loan. Buy the best thing to do is needed and used.
There are things better to spend your money. Do not forget to mention the savings and investment form.
As always, your car will also pay twice as much as maintenance, fuel and insurance costs. If you can not pay this amount each month, can the car.
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