This loan eligibility calculator will help determine how much loan you can qualify for, based on your net income.
How this calculator works
This calculator estimates your loan eligibility based on standard debt-to-income ratios used by South African lenders. For most loans, lenders prefer your total debt payments (including the new loan) to be no more than 36-43% of your gross monthly income. The calculator also factors in your monthly expenses to provide a more realistic assessment of your loan affordability. Interest rates have been updated to reflect the South African lending market.
Your Loan Eligibility
Maximum Monthly Payment:
$0
Maximum Loan Amount:
$0
Debt-to-Income Ratio:
0%
Note
These are estimates only. Actual loan eligibility depends on multiple factors including your full credit history, employment stability, and specific lender requirements.
