House Loan Approval Calculator
Use this free house loan approval calculator to check your debt-to-income ratios to see how a lender may view your mortgage.
Financial estimate notice: Results depend on the assumptions and values entered and may not include fees, taxes, changing rates or individual circumstances. Compare current terms and consider qualified financial advice before making decisions.
How the house loan approval calculator works
Front-end ratio = housing payment ÷ gross monthly income. Back-end ratio = (housing + other debts) ÷ income. Many lenders like 28% and 36%, and some allow up to about 43%.
Frequently asked questions
Is this an approval?
No. Lenders also look at credit score, savings, employment and the property.
Results are estimates for general information only. They are not a substitute for professional advice where applicable. Found a mistake? Report an error.