Loan Affordability Calculator
Estimate a monthly payment budget from income, expenses, debts, and savings.
Find a payment that fits your budget
Take-home income minus living costs, current debt payments, and a savings buffer
Exclude debt payments entered below.
Methodology and assumptions
Payment budget = max(0, take-home income − living expenses − existing debt payments − savings buffer). Principal = payment budget × [1 − (1 + r)^(−n)] ÷ r, where r = APR/1,200 and n is the term in months; at 0% APR, principal = budget × months. This is a household cash-flow estimate, not a lender’s debt-to-income ratio, a recommended borrowing maximum, or approval. Include irregular expenses and use a lower payment if your income varies. Fees and rate changes are excluded.
For example only. Figures are illustrative and do not represent an offer of credit. Actual APR, terms, fees, and monthly payments come from our lending partners after a soft-pull rate check, and depend on your credit profile, income, loan amount, term, and state of residence.
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Thelending.group is a marketplace, not a lender. These tools model scenarios only; they do not establish availability, eligibility, approval, or actual terms. Rates and fees · Loan guides