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Find out how much car you can afford based on your monthly income and expenses. Calculate the maximum loan amount and safe EMI.
Max Affordable Car Price
₹11,63,467
Recommended Max EMI
₹20,000 /mo
(Based on 20% rule of thumb)
Financial Wisdom: Experts recommend the 20/4/10 rule: put 20% down, finance for no more than 4 years, and keep total car costs under 10% of your gross income. This tool uses a more flexible 20% net income limit.
Visualizing the components of your annual payments.
A common rule of thumb is the 20/4/10 rule: Put 20% down, finance for no more than 4 years, and keep total car expenses (loan + insurance + gas) under 10% of your gross income.
This calculator estimates a safe budget based on your monthly disposable income to ensure your car doesn't become a financial burden.
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