How lenders assess affordability
Lenders compare your income with your committed spending and existing credit, then apply their own buffers. They also look at your credit record, so this figure is a guide, not a promise.
How this estimate works
It takes a cautious share of the money left after your outgoings, keeps total credit repayments within 40% of take-home pay, and converts that into a loan amount at the APR and term you choose.
Frequently asked questions
Will this affect my credit score?
No. The calculator runs in your browser and stores nothing.
Why might a lender offer less?
Credit history, stability of income and the lender's own policy can all reduce the amount offered.