Loan Eligibility Calculator
Estimate the loan you could qualify for from your income, the share a lender lets go toward repayments, and the rate and term.
How lenders size a loan
Lenders cap your repayment at a share of your income, the debt-to-income limit. That affordable payment, run through the loan formula at a given rate and term, sets the largest principal they'll offer.
A longer term or a lower rate raises the amount you qualify for, while debts you already carry lower it. This is an estimate; lenders also weigh your credit history and how steady your income is. Plan the repayment itself in our finance calculators.
Common questions
What is debt-to-income?
It's the share of your monthly income that goes toward all debt repayments together. If you already have other loans or card balances, less room is left for a new one.
How can I qualify for more?
A longer term, a co-applicant's income, fewer existing debts, and a stronger credit score all help. A lower interest rate also lets the same income support a bigger loan.
Is this the loan I'll definitely get?
No, it's an estimate of what you could afford. The actual offer depends on the lender's rules, your credit history, the asset involved, and your paperwork.