Loan Affordability Calculator
Our loan affordability calculator works out how much you can comfortably borrow based on disposable income after essential outgoings.
Loan Affordability Calculator
Find out the maximum loan amount you could afford based on your income and outgoings.
Enter your net monthly income — take-home after tax and NI — and all existing committed monthly outgoings: rent or mortgage, existing loan repayments, car finance, insurance minimums, and subscriptions you cannot cancel quickly. The loan APR and term determine the proposed monthly repayment. The affordability ratio compares proposed total committed outgoings against income — most lenders prefer this to remain below 40-45% of net income. If the proposed repayment pushes you above this level, consider a longer term (lower monthly payment but more interest total) or a smaller loan amount. This calculator shows lender-style affordability rather than a personal budget view.