Karl can afford car payments of $235 a month for 48 months. the bank will lend him money to ... Question: Karl can afford car payments of $235 a month for 48 months. The bank will lend him money to buy a... (2 bookmarks) karl can afford car payments of $235 a month for 48 months. The bank will lend him money to buy a car at 7 percent interest. How much money can he afford to borrow?