Loan Affordability Calculator

Estimate how much you could borrow based on standard debt-to-income guidelines used by lenders.

Loan Affordability Calculator

DTI = total monthly debt payments ÷ gross monthly income. Most lenders cap total DTI (including the new loan) at 36–43%.

How This Works

Step 1: Maximum total debt = Income × DTI ratio
Step 2: Available for new loan = Max total debt − existing debt
Step 3: Loan amount = back-calculated from that monthly payment using the EMI formula

DTI Guidelines (Reference)

Under 36%Generally considered healthy
36% – 43%Typical maximum most lenders accept
Above 43%Higher scrutiny, fewer lenders, higher rates
This is a rule-of-thumb estimate, not a lending decision. Actual loan approval depends on credit score, employment history, down payment, property value (for secured loans), and lender-specific policy — DTI ratio is only one factor among many. This is not a substitute for speaking with a lender or financial advisor.