Loan Affordability Calculator — How Much Could You Comfortably Borrow

Adjust the sliders — the answer updates instantly.

Your numbers stay in your browser until you ask the advisor.

You could comfortably borrow ≈

$34,396

Plenty of room — only about 6% of your income is already committed to debt.

Monthly payment at that max $714

Total interest over the term $8,444

Existing debt load 6%

Estimates based on the assumptions above — real offers will differ.

Payment-to-income already committed

6% income already committed

Gauge: 6% of your income already goes to existing debt, before this new loan.

Make sense of these numbers

AI reading

Get a plain-language reading of your result — what looks solid, what to watch, and questions worth asking a lender.

Educational guidance, not financial advice.

Answer in

AI model

How to Read Your Result

Four things worth understanding before you talk to a lender.

This is a ceiling, not a target The figure shown is what you could comfortably borrow at a safe payment share of your income — not what you should necessarily borrow.

Existing debt eats the room first The gauge shows how much of your income is already committed to debt. The less of it used up, the more room for a new loan.

Term changes what fits, not the payment share A longer term raises how much you can borrow at the same monthly payment — but raises total interest too.

The rate is an editable assumption Open the interest rate chip and adjust it to a real quote once you have one — the estimate updates instantly.

What This Tool Does and Doesn't Do

The maths sizes a loan against a common conservative payment-to-income guideline and runs entirely in your browser. Nothing you type is sent anywhere unless you press "Explain my numbers", and even then only the figures go, never your name or contact details.

What it can't do is quote you or check your actual credit history. Lenders use different ceilings, different income tests, and different views of your existing debt. Treat the result as a well-informed estimate that tells you which questions to ask.

Important: This is educational information, not financial advice. Confirm the figures with a qualified adviser or your lender before you commit to anything.

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