No membership required. Interactive inputs load with JavaScript; the methods and examples are available below without it. Estimates are not offers, scores, or approval predictions.
Method: A descriptive summary of the figures you enter. No readiness score or underwriting model is applied.
Example: Two years of operation and $18,000 monthly revenue describe a business; they do not establish profit, affordability, or eligibility.
Limits: Verify dates, revenue records, reserves, and account information independently. This tool does not assess creditworthiness.
Read the related guideMethod: Payment budget = max(0, cash flow before debt payments x (1 - reserve %) - existing debt payments). Principal = payment x (1 - (1 + monthly rate)^(-months)) / monthly rate.
Example: $5,000 cash flow, a 50% reserve, and $800 existing payments leave $1,700 per month. At zero interest for 60 months, that models $102,000 of principal.
Limits: Enter cash flow BEFORE existing debt payments to avoid subtracting them twice. This is not an affordable-loan recommendation. It excludes fees, taxes not already budgeted, variable rates, and income shocks.
Read the related guideMethod: Sort cards by their initial balance/limit ratio, then apply the available payment to each in that order until exhausted.
Example: Balances $2,800, $1,700, $900 and limits $4,000, $5,000, $3,000 total 45% utilization. Applying $1,500 to Card 1 leaves $3,900 / $12,000 = 32.5%.
Limits: This is one illustrative allocation, not an optimization. It ignores APRs and minimum payments. Handle required payments separately; no score improvement is predicted.
Read the related guideMethod: Each month add balance x APR / 12 interest, pay fixed minimums, then direct remaining budget to the smallest balance or highest APR. Reuse the same total budget as debts finish.
Example: A single $1,200 balance at 0% with a $100 fixed monthly payment takes 12 months under either method.
Limits: Constant rates, monthly interest, no fees or new purchases. Minimums remain fixed. A 600-month simulation cap is not a payoff date; unfinished plans are flagged.
Read the related guideMethod: Total revolving balances / total revolving limits x 100. The 30% comparison is an arithmetic reference, not a guaranteed scoring threshold.
Example: $3,500 / $10,000 = 35%. Paying $500 would produce 30%, assuming limits and all other balances stay unchanged.
Limits: Use matching statement or reported figures. Installment loans are excluded. A ratio alone does not predict a score or approval.
Read the related guideMethod: (Other monthly debt payments + housing payment) / gross monthly income x 100.
Example: $1,500 other debt plus $1,800 housing divided by $7,000 gross income = 47.1%. Do not include housing again in the other-debt field.
Limits: Gross means before deductions. A lender may treat obligations differently. DTI is not a household spending budget and does not establish eligibility.
Read the related guideMethod: Monthly payment = principal x monthly rate / (1 - (1 + monthly rate)^(-months)). At zero interest, divide principal by months.
Example: $1,200 financed over 12 months at 0% costs $100 monthly and $0 interest, excluding fees.
Limits: Equal end-of-month payments, constant nominal annual interest rate, no fees or extra payments. An APR that includes fees is not interchangeable with the contract interest rate.
Read the related guideMethod: Months = round up(max(0, goal - saved) / monthly contribution).
Example: A $15,000 goal minus $3,000 saved, with $500 monthly contributions, takes 24 contributions.
Limits: No investment return, inflation, withdrawals, or changing contributions. Contributions are monthly; the calendar date is approximate.
Read the related guide