In Borrowing Power Calculator you can easily determine the amount you are eligible for and the tenure you are looking at. Borrowing Power Calculator will help you to quickly determine the monthly installments you are likely to pay on repayment of your Loan. This is a unique Eligibility Calculator where you can not only find your Eligibility but can also evaluate yourself the total interest payable at the end of the Loan tenure. This includes amortization chart where it shows the amount of principal and the amount of interest that comprise each payment (EMI). It is designed in such a manner that customers can easily operate and understand it. You can evaluate by using our Graph/Table which is customer friendly and arrive at concrete conclusion.
The Borrowing Power Calculator calculates a possible maximum loan amount available based on both income and expenses entered. The values provided can only be taken as an estimate of the amount to be borrowed and does not take into account specific factors used by individual lenders in determining your own criteria.
Not sure how much you can borrow for any loan? Let our borrowing calculator help you. Simply enter into the calculator information about your current financial situation – like your income and living expenses – as well as the specific loan's details – like interest rate and loan term – to get an idea of how much you could borrow, as well as monthly repayments. The borrowing power calculator provides an estimated amount you may be able to borrow, based on the information provided. This calculator should be used as a guide only. This is a great tool to help ensure you don't overstretch yourself with loan repayments. With the help of Borrowing Power Calculator you can tentatively figure out your eligibility for any Loan. You need not depend on anyone for an tentative eligibility to figure out. By using our Borrowing Power Calculator you can calculate your eligibility by adding few details.
If you are not satisfied with the calculator output please call us for a personalized solution for your requirement.
All applications for credit are subject to Banks normal credit approval criteria. Terms and conditions are available on application of every bank in which loan will be applied.
This is an estimate and it is provided for illustrative purposes only and is based on the accuracy of information provided. It does not constitute a quote. To apply for a loan you must complete an application.
The repayment amount and total interest payable excludes Processing fees and Mortgage Insurance / Life Insurance.
If a Variable Rate Loan is selected, the interest rate will be subject to market change throughout the term of the Loan.
Results are based on amortised scheduled repayments and, once any discount or fixed rate period expires, the current variable rate or the variable rate is applied for the remainder of the loan term (unless another fixed rate period is taken).
Creative Finserve will not store the information provided in this calculator.
Borrowing power calculator can be used after giving your few details such as your salary, your current obligation to give you an estimate borrowing capacity
Borrowing power calculator can be relied if you put accurate data such as your salary, your current obligation, age etc. Please note that this is an approximate guideline only.
Borrowing power calculator will give you the eligibility amount and also the tenure you are looking for after putting vital information such as salary, current obligation, etc. Borrowing power calculator will help you to determine the monthly installments you are likely to pay on your loan. It is a unique calculator where you can not only find your eligibility but can also evaluate the total interest payable at the end of the loan tenure.
To get an approximate result you need to input few important details such as your salary, your current obligation your age.