Loan affordability calculator
Use income, existing debt and a target payment-to-income ratio to estimate a practical borrowing range.
Income and debt
AffordabilityResults
BudgetMax payment
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Affordable loan
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Pressure level
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Frequently asked questions
FAQWhat is loan affordability?
It is an estimate of how much you may be able to borrow while keeping monthly payments within a chosen income ratio.
Why include existing debt?
Existing debt reduces the monthly payment room available for a new loan.
Is the debt-to-income ratio a lender approval rule?
It is a planning reference. Lenders may use different limits and additional approval factors.