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affordabilityCalculator
Gross monthly income
R
What loan amount
do I qualify for?
Net monthly income
R
Total monthly expenses
R
Net surplus income
R
Years to repay
20
30
Interest rate (eg 14.5)
%
Qualified Amount
30% Gross Income
=
Qualified Amount
100% Net Surplus Income
=
Years to repay
20
30
What will my
monthly repayment
be?
Interest rate
%
Purchase price
R
Deposit
R
Your monthly
repayments
=
Total
loan
=
Additional monthly amount
R
What if I pay extra
each month?
Monthly
repayment
=
Total
loan
=
Reduction in
total loan
=
Reduced
loan term
=