↗Free
Loan budget from payment
Estimate principal supported by a payment budget; excludes insurance, property tax and fees. Estimate only; verify assumptions, fees and taxes.
The payment budget is discounted as a monthly annuity to estimate supported principal; the purchase budget adds the supplied down payment. At a zero rate, principal is simply monthly payment × months.
How to use
- Enter your text, values, or image.
- Adjust the options and run the tool.
- Copy or download your result.
Worked example
Example input
Monthly payment budget: 101 Nominal annual interest (%): 12 Loan term (months): 1 Down payment: 20
Example result
{
"loanPrincipal": 100,
"purchaseBudget": 120
}Limitations and details
The term is 1–1,200 whole months, and the budget excludes insurance, property tax, fees and lender qualification rules.
Inputs and options
- Monthly payment budget
- Number
- Nominal annual interest (%)
- Number · Minimum: 0 · Maximum: 1000
- Loan term (months)
- Number · Minimum: 1 · Maximum: 1200
- Down payment
- Number · Minimum: 0
Frequently asked questions
Is this tool free and private?
Yes. All 300 tools are free in this phase. Processing happens in your browser; your input and files are not sent to our servers.