Loan Affordability Calculator

Find out how much you can afford to borrow based on your income, existing debts, and the loan terms.

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Before taxes and deductions

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Credit cards, student loans, other loan payments

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Amount you'll pay upfront

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How This Calculator Works

This calculator determines your maximum affordable loan based on debt-to-income (DTI) ratio guidelines. Different loan types have different recommended maximum percentages of your income.

Lenders typically prefer total DTI under 36% and won't approve loans that push it above 43%. This calculator helps you find a loan size that fits comfortably within your budget.

Frequently Asked Questions

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This calculator provides estimates based on general guidelines. Actual loan approval depends on your credit score, employment history, and lender requirements. This is not a guarantee of loan approval or specific terms.

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