Loan Affordability Calculator
Calculate how much loan you can afford
Your Financial Situation
Your total income before taxes
Credit cards, car loans, student loans, etc.
Loan Details
30 years 0 months
Cash you plan to put down
Target Debt-to-Income Ratio
Recommended DTI: Most lenders prefer a total DTI below 43.00% for mortgage / home loan.
Affordability Analysis
Enter your details and click Calculate
Find out how much you can afford to borrow
Understanding Loan Affordability
Debt-to-Income (DTI) Ratio
DTI measures what percentage of your gross monthly income goes toward debt payments. Lenders use this to assess your ability to manage payments.
Max DTI by Loan Type
- Credit score and credit history
- Employment stability and income documentation
- Assets and savings (reserves)
- Loan-to-value ratio (for mortgages)
- Type of income (salary vs. self-employment)
Disclaimer: This calculator is for informational purposes only and should not be considered financial, tax, or legal advice. Results are estimates based on the information provided and current tax laws. Consult a qualified professional for advice specific to your situation.
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