Loan Affordability Calculator
Work out the largest loan a monthly payment can support.
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How it works
Loan = payment × (1 − (1 + r)^−N) ÷ r, with r the monthly rate and N the number of monthly payments. This covers principal and interest only; add taxes, insurance, and fees to your budget separately. Example: with the default values, maximum loan amount comes to $189,852.98.
FAQ
Is this calculator free?
Yes. No signup is needed and nothing you enter is stored.
Is the result exact?
Results are rounded for display. For financial, medical, or legal decisions, confirm with a professional.
Do my numbers leave my device?
No. The calculation runs in your browser.