# How Much Can I Borrow Calculator

## Calculates the principal value of the loan amortization using the principal-and-interest equal repayment.

 Interest rate % (r) annuallymonthly Loan term years (n) Repayment frequency (k) annuallysemiannuallyquarterlymonthly Repayment amount (PMT) 6digit10digit14digit18digit22digit26digit30digit34digit38digit42digit46digit50digit Principal (P)
 $\normal Loan\ amortization\\(1)\ P=PMT\times{\large\frac{1-(1+{\large\frac{r}{k}})^{-nk}}{r/k}}\hspace{30}if\ r\neq 0\\(2)\ P=PMT\times nk\hspace{100}if\ r=0\\$

How Much Can I Borrow
 [1-3] /3 Disp-Num5103050100200
[1]  2017/10/15 23:05   Male / 50 years old level / Self-employed people / Very /
Purpose of use
MAINTAINING FAMILY

REPAYMENT OF OLD LOANS
[2]  2017/06/11 02:04   Male / 60 years old level or over / A teacher / A researcher / Useful /
Purpose of use
test loan status
[3]  2009/06/13 13:23   Male / 40 level / A public employee / Very /
Purpose of use
To determine the housing loan I can avail.
Comment/Request
Very useful.

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