Loan Eligibility Calculator
See the maximum loan you can qualify for based on income, existing debts and the lender's debt-to-income limit. Enter monthly income and current payments to get your borrowing ceiling and available monthly payment.
How to use
Enter your monthly income
Type your gross monthly income before any deductions.
Enter existing debt payments
Add up all current monthly debt payments (car loan, credit cards, etc.).
Set the DTI limit
Enter the maximum debt-to-income ratio your lender allows (typically 36–43%).
Enter the loan terms
Set the annual interest rate and the loan term in years.
Read your result
See the maximum loan amount, available monthly payment, and total interest.
Features
Maximum loan amount
See the largest loan you can qualify for based on income and debts.
Available monthly payment
The amount left for a new loan payment after existing debts.
Total interest projection
See the total interest you would pay over the full term.
DTI limit customization
Use any DTI limit — 36%, 43%, 50% or a custom value.
Works for any currency
Enter amounts in any currency — the math is identical.
Common use cases
- Check how much mortgage you can afford
- See if you qualify for a car loan
- Compare borrowing capacity before and after paying off a debt
- Understand how a higher DTI limit increases your loan ceiling