How this calculator helps
Your borrowing power depends on your income, expenses, existing debts, and interest rates. Use the sliders below to simulate different scenarios:
- Income & rental income: Higher income generally increases borrowing capacity.
- Expenses & EMIs: More commitments reduce borrowing power.
- Credit card limits: Lenders often assume about 3% of your limit as a monthly obligation.
- Interest rate & loan term: Lower rates and longer terms can increase borrowing capacity.
Experiment with the inputs to understand how choices and commitments influence your borrowing potential.