Calculator

Loan Affordability Calculator

Estimate principal supported by a monthly payment, rate and term.

ENTENDA A RESPOSTA

Como isto é calculado?

This calculator applies the displayed loan formula directly to your inputs. It keeps full precision during the calculation and rounds only the displayed result.

Loan Affordability formulaPrincipal = payment × ((1+r)ⁿ−1) ÷ (r(1+r)ⁿ)

Um exemplo prático

Using the default example values, the calculator substitutes 600 and 8 plus 5 into the formula. Change the values to model your own scenario.

Premissas do cálculo

  • The values entered for affordable monthly payment and annual interest rate are accurate for the scenario.
  • Rates and recurring amounts remain constant for the period represented by the formula.
  • Provider fees, taxes and timing differences are excluded unless they are explicit inputs.