Loan Affordability Calculator

Lenders Reject Applications Above 43% Debt-to-Income Ratio — Check Yours Before You Apply

Lenders prefer a debt-to-income ratio under 43%. Enter your numbers to see your DTI, what you qualify for, and whether you should borrow less.

Your Loan Affordability

$ /month

Your total income before taxes and deductions.

$ /month

Include credit card minimums, car payments, student loans, and any existing personal loans.

$

How much you're thinking of borrowing.

Common Questions About Loan Affordability

What debt-to-income ratio do lenders require?

Most lenders prefer a DTI under 43% including the new loan payment. Prime lenders (best rates) typically cap at 36%. Subprime lenders may accept up to 50% but charge significantly higher rates. Checking your DTI before applying avoids hard inquiries on loans you won't qualify for.

How much personal loan can I get with my income?

Lenders typically cap personal loans at $35,000–$50,000 depending on income and credit history, though some lenders go higher for well-qualified borrowers. A rough guideline is that your maximum loan amount is roughly 2–3x your annual income minus existing debt obligations. This calculator applies the actual debt-to-income formula lenders use, so you see your real eligibility before submitting an application.

Does checking my rate affect my credit score?

Pre-qualification checks from the lenders listed here use soft credit pulls — no impact on your score. Only a formal application triggers a hard inquiry (typically 5-10 point temporary drop). You can compare rates across multiple lenders without any credit impact.