Prompt · Finance

Can I Afford This

Checks whether you can actually afford the house, car, or lease you're eyeing.

Have ready: Fill in price, financing terms, income, obligations

Fill in · 4 fields

house / car / leaseXinsurance, maintenance, taxes, HOA, estimate28/36 or 15%

Your prompt

Reality-check this purchase for me.

Item: [house / car / lease], price: $[X]
Down payment: $[X], loan rate: [X]%, term: [X] years
Monthly income (take-home): $[X]
Current monthly obligations: $[X]
Extra ownership costs: [insurance, maintenance, taxes, HOA, estimate]

Calculate: monthly payment, total interest over the loan, true monthly cost of ownership, and what % of take-home income it consumes. Compare against the [28/36 or 15%] rule. Then give me your honest verdict: comfortable, stretch, or don't do it, and what would have to change to make it comfortable.

Paste it into Muse or any assistant. Blank fields stay as [brackets].

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