Work out loan affordability with family instantly with clear inputs, formula shown and shareable results.
Lenders cap total instalments at a share of income, and each dependant reduces the share prudently available because household running costs rise. Existing commitments are deducted before the remaining capacity is converted into a loan amount.
Family-adjusted affordability
Allowed share = 50% - 3% per dependant; loan = (income × share - existing EMIs) × annuity factor
Figures are estimates for planning only. Prices, returns, inflation and personal circumstances all change. This is not financial or tax advice — speak to a qualified adviser before making decisions.
Because essential household spending rises with family size, leaving less genuinely available for debt service.
Rarely. Borrowing at the ceiling leaves no margin for rate rises or income interruption.