Loan affordability calculator
See how much you can comfortably borrow, based on your budget.
Most calculators start with a loan amount and ask if you can afford it. This one starts with what you can pay each month and works out how much that supports.
Loan affordability
Enter your monthly budget, rate, and term. We'll show what that payment could realistically borrow.
This is what the payment supports, not what a lender will offer - they also weigh your income, credit and existing debts. Treat it as a ceiling to stay under, not a target to reach.
Estimates only, based on the figures you enter, not an offer of credit. Your actual rate and payment depend on the lender and your circumstances.
Reading your result
| Your result | What it means |
|---|---|
| You could borrow | The estimated loan amount your monthly budget may support at the rate and term entered. |
| Interest over the term | The estimated interest you would pay over the life of the loan. |
| Total you'd repay | The amount borrowed plus estimated interest over the full loan term. |
This number is a starting point, not a guarantee. Lenders weigh your income, credit, and existing debt. Treat this as a ceiling to stay under, not a target to reach.