Loan Affordability Calculator UK
Check whether a proposed monthly loan or credit payment is affordable based on your income, existing debts and typical lender limits.
Calculator
What this means
Lenders assess affordability by comparing your income to existing commitments and the new payment. Staying below 35–40% of gross income is a common guideline.
Frequently asked questions
35% is a conservative guideline. Some lenders use up to 40% for total debt commitments.
Similar concept but this tool is for general loan and credit payments rather than housing specifically.
No. Lenders also check credit history, employment and other factors.
Disclaimer
This calculator provides estimates for guidance only. It is not financial, legal or tax advice. Always check official sources or speak to a qualified professional before making decisions.
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