Editor's choice: Monevo personal loans
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Find out how much you might be eligible to borrow based on your income and expenses.
Enter your information to learn your borrowing power — or how much you can afford to borrow — without impacting your credit score.
Follow these steps to fill out the fields in the calculator. If a field doesn’t apply to you — for example, you’re not a landlord or don’t have a car loan — leave that section blank.
The results show how much you may be eligible to borrow, what your monthly repayments would be based on the term and interest rate you filled in and how much you’d pay total in interest over the life of your loan.
These factors can influence the loan amount you’re eligible for.
Other factors like your level of education and career can also affect the amount you’re able to qualify for, depending on the lenderr.
To make the most out of your loan, take the time to strengthen your application and consider these three tactics to qualify for more.
Now that you know how much you can afford to borrow, take these steps to get a loan
Not sure what a term in the calculator means? These definitions might help.
This calculator is a good starting point to figure out how much you could afford to borrow and how much lenders might approve you for. Keep in mind that your credit is a big factor in your eligibility as well. And when you’re ready to apply for a personal loan, compare some of the best personal loan options.
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