METHOD
How it is calculated
New payment = max(0, income × ratio − existing payments).
% Loans and personal finance
Loan affordability calculator
Translate your chosen repayment budget into a possible principal amount.
01
Your inputs
Starting values are an example. Replace them with your own.
Your inputs stay in your browser.
02
Your result
Enter your details and run the calculation.
TRACEABLE
Sources and validity
Basic arithmetic or geometry using the formula shown. Uses only your inputs.
How we maintain data ↗