FreeByte

Loan affordability calculator

The most you can sensibly borrow.

Built and reviewed by Dovanic, Founder and editor, FreeByteLast reviewed: 2026-08-18
$
$
36%
9%

You could borrow

$79,968

Payment room

$1,660

With these inputs, you could borrow comes to $79,968 over 5 years. Payment room works out to $1,660. The result assumes rate stays at 9%.

Total repaid
$99,600

Over time · by term (years)

What moves the number · You could borrow

Input−10%Now+10%
Monthly income$69,562$79,968$90,373
Existing debt payments$82,376$79,968$77,559
Max DTI$69,562$79,968$90,373
Rate$81,676$79,968$78,310
Term (years)$73,486$79,968$86,166

Solve for an input

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The most you can sensibly borrow.

A worked example

Starting figures

Monthly income
$6,000
Existing debt payments
$500
Max DTI
36%
Rate
9%
Term (years)
5

What it returns

You could borrow
$79,968
Payment room
$1,660
Total repaid
$99,600

How to read the results

With the defaults above, you could borrow works out at $79,968.

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