Loan Eligibility Calculator (Pakistan)
Estimate how much loan you can afford before you visit a bank. Enter your monthly income and existing loan payments, choose a loan type and tenure, and the tool applies the standard bank debt-to-income rule to show your maximum affordable installment, maximum loan amount, total markup and a year-by-year breakdown.
How to use
- Enter your monthly income in PKR and your total monthly payments on existing loans.
- Select the loan type: personal, car or home. The markup rate fills in automatically, but you can edit it.
- Choose a tenure from 1 to 20 years and your max installment ratio (40% or 50% of income).
- Press Check eligibility to see your results and the yearly breakdown table.
Your details
Default markup rates are typical starting points only. Your bank will quote its own rate.
How the limit was set
Year-by-year breakdown
| Year | Installments paid | Principal repaid | Markup paid | Balance left |
|---|
Year 1 is paid mostly toward markup; later years pay more toward principal. This is normal for amortized loans.
Frequently Asked Questions (FAQ)
How do Pakistani banks decide loan eligibility?
Banks use the debt-to-income rule: your total monthly loan installments should not be more than 40 to 50 percent of your monthly income. This tool applies that rule.
How is the maximum loan amount calculated?
Your affordable monthly installment is converted into a loan amount using the present-value annuity formula with your chosen markup rate and tenure.
What inputs does the Pakistan eligibility calculator need?
Monthly income in PKR, existing loan payments, loan type, tenure (1 to 20 years), markup rate and the max installment ratio.
Is this calculator an approval guarantee?
No. These are estimates only. Every bank has its own policy, credit checks and conditions, so the final offer can be different.