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Determines maximum affordable personal loan amount based on income, debt obligations, and lending ratios.

सूत्र

Max Loan = Income * DTI Ratio / Monthly Payment Percentage

चरण-दर-चरण मार्गदर्शिका

  1. 1Enter monthly gross income
  2. 2Input existing monthly debt payments
  3. 3Calculate maximum affordable loan amount

हल किए गए उदाहरण

इनपुट
$5,000 monthly income, $500 debt, targeting 43% DTI
परिणाम
Max loan ≈ $60,000 at 5% for 60 months
Standard lending guidelines

सामान्य गलतियां जिनसे बचना है

  • Using net income instead of gross
  • Not accounting for front-end ratio limits

सेटिंग्स