Loan Affordability Calculator

Mkokotoo wa Uwezo wa Mkopo - Find out how much loan you can afford in Tanzania

Your Financial Details

Monthly Income (Net)

TZS

TZS 500KTZS 10M

Monthly Expenses (Rent, Food, Transport, etc.)

TZS

Existing Loan Payments (per month)

TZS

Expected Interest Rate: 18% per year

5%40%

Loan Term: 24 months

3 months60 months

Max Debt-to-Income Ratio: 40%

20% (Conservative)50% (Aggressive)

Banks typically allow 30-40% of income for loan payments

TSh 0

Max Monthly Payment

TSh 0

Disposable Income

TSh 0

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Focus on increasing income or reducing debt

Monthly IncomeTSh 1,500,000

Monthly Expenses-TSh 800,000

Existing Loans-TSh 0

Disposable IncomeTSh 0

Ready to apply for a loan?

Consider side hustles, overtime, or salary negotiation to boost your monthly earnings.

Track spending, cut unnecessary subscriptions, and negotiate better rates on recurring bills.

Clear existing loans to free up more borrowing capacity. Start with highest-interest debt.