Loan Affordability Calculator
How much can you borrow? The way a bank manager works it out: your pay after EPF and tax, the payments you already have, the bank's limit on monthly instalments, and the interest rate. Start with your gross salary and the tool does the rest.
Rate not loaded yet — type the rate your bank quotes you.
Net salary with 8% employee EPF, 12% employer EPF, 3% ETF and downloadable payslip.
EPF 8% + 12%, ETF 3% on any salary, plus gratuity after 5 years of service.
Vehicle lease installments and loan EMI, flat vs reducing rate comparison.
Questions
Because EPF and tax never reach your hand. A bank manager starts from what actually lands in your account each month, then takes off the payments you already make, and only then applies the limit. That is exactly what this tool does.
Banks cap all your monthly debt payments — this loan plus any you already have — at a share of your net pay, usually 40–50%. It varies by bank and by how much you earn. The 40% here is a cautious starting point; type the limit your bank uses if you know it.
It starts from the live AWPR, the average rate banks lend to their best customers. Your bank will quote you AWPR plus a margin, or a fixed rate. Replace the starting rate with the exact rate your bank quotes before you decide anything.
100% free · No sign-up · Works offline · Private by design