Loan Affordability Calculator

Calculate How Much You Can Borrow

Calculate how much you can afford to borrow for a home loan. Based on income, debts, and down payment.

How is loan affordability calculated?

Loan affordability is based on your monthly income, existing debts, and the lender ratio (typically 28-36% of gross income).

What ratio do lenders use for mortgage affordability?

Most lenders use a ratio where your total monthly debt payments should not exceed 36% of your gross monthly income.