Affordability calculator | Propertycloud.mu

Affordability calculator
See how much house you can afford with our easy-to-use loan calculator.
Then get pre-qualified to buy with a local lender.

How much house can I afford?

Our affordability calculator can help you estimate the value your can afford to purchase.
Getting pre-approved for a loan can help you find our how much you are qualified to borrow.
When it comes to affordability, it is usually based on your total income less your expenses.
This is also known as your debt-to-income (DTI) ratio. It is recommended in Mauritius your DTI is less than 40%..

Factors that affect your affordability

Income. The primary decision for any borrowing capability
Expense. Any debts and current expenses affect your level of affordability.
Interest. The interest on your loan makes a big difference in how much you can afford on a monthly basis.
Down payment. The more money you are able to put down, the lower your monthly payment will be.
Savings. The amount of extra money or savings account that can help with unexpected expenses.
Other assests.What other collateral can you provide to the bank as surety against your loan.