Loan Affordability Calculator

Calculate the loan amount you can get depending on your budget.

%
$

Loan Affordability

  • Loan affordability, calculate how much you can get or afford a loan amount. depending on your minimum payment, and your preferred term.

    Formula:

    PV = PMT x (
    1 - (1 + rate)- nepr
    rate
    )

    PV = Present value (in this case means Loan amount)
    PMT = Minimum payment
    Rate = Interest rate
    Nepr = The number of payment

    Calculate loan amount, or mortgage amount depending on your monthly budget.