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Financial Consulting for Your Goals

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5240 Valleypark Drive
Roanoke, VA 24019
  • Phone:
    (540) 400-7611
  • Fax:
    (540) 904-4902
  • E-mail address: steven.devlin@lpl.com
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Financial Consulting for Your Goals

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Printed from: www.freedomfirstwealth.com
  • Freedom First Wealth Management
  • 5240 Valleypark Drive, Roanoke, VA 24019
  • (540) 400-7611 | steven.devlin@lpl.com

Car Affordability

How Much Can You Afford to Pay for a Car?

Your down payment and monthly payment amount are just the beginning of the costs involved in owning a car. Maintenance, insurance, fuel, and other ongoing expenses can take up a substantial amount of your overall transportation budget.

For many individuals, the price of car they can afford is a function of the amount of the monthly payment. You can use this calculator to help determine how much you can afford to pay for a car based on your monthly payment amount, down payment, loan term, and available interest rate.

Your Results

Based on the information you provided, you can afford to buy a car that costs: $0.00
Total interest you would pay: $0.00
Total cost of car: $0.00

This chart illustrates the remaining loan balance over the life of the loan.

Car Loan Balance Over Time

 

This hypothetical example is intended for illustrative purposes only. Actual results will vary based on the car you buy and the terms of your loan.

This hypothetical example is used for illustrative purposes only. Actual results will vary.

The information in this calculator is not intended as tax or legal advice, and it may not be relied on for the purpose of avoiding any federal tax penalties. You are encouraged to seek tax or legal advice from an independent professional advisor. The content is derived from sources believed to be accurate. Neither the information presented nor any opinion expressed constitutes a solicitation for the purchase or sale of any security.

This material was written and prepared by Emerald Connect, LLC.
© 2019 Emerald Connect, LLC. All Rights Reserved.

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Contact Us

5240 Valleypark Drive
Roanoke, VA 24019
  • Phone:
    (540) 400-7611
  • Fax:
    (540) 904-4902
  • E-mail address: steven.devlin@lpl.com

Market Watch

Last Closing Prices

Latest Available Stock Quotes
Ticker Name Percent Difference (when noted with %) otherwise Last Price Difference (where applicable)
Dow Jones Industrials 26,504.00 +0.15%
Dow Jones Transportation 10,341.63 +0.20%
Dow Jones Utilities 817.68 +0.85%
Nasdaq 100 7,667.74 +0.42%
NYSE Composite 12,954.08 +0.36%
AMEX Composite 2,539.76 +0.58%
PHLX Semiconductor Index 1,407.30 +0.08%
OSX Oil Service Sector Index 76.17 +0.63%
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Market data delayed per exchange rules.
All quotes are in US Eastern Time (EST).
Market data provided by ICE Data Services. ICE Limitations. Powered and implemented by FactSet. Legal Statement.

Securities offered through LPL Financial, member FINRA/SIPC. Insurance products offered through LPL Financial or its licensed affiliates. The investment products sold through LPL Financial are not insured Freedom First Federal Credit Union deposits and are not NCUA insured. These products are not obligations of the Freedom First Federal Credit Union and are not endorsed, recommended or guaranteed by Freedom First Federal Credit Union or any government agency. The value of the investment may fluctuate, the return on the investment is not guaranteed, and loss of principal is possible.



Investment advice offered through Level Four Advisory Services, a registered investment advisor. Level Four Advisory Services, Freedom First Federal Credit Union, and Freedom First Wealth Management  are not registered broker/dealers, and are separate entities from LPL Financial.



The LPL Financial Registered Representatives associated with this site may only discuss and/or transact securities business with residents of the following states: VA, MD, NC, PA.

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