Affordability calculator
See how much disposable income is left after essentials and existing credit, and whether a new repayment looks affordable.
How affordability is worked out
Affordability looks at what is left after essential costs and existing commitments, not just whether someone has a clean credit file. This calculator subtracts housing, essential bills, living costs and existing credit repayments from net income to show disposable income, then shows how a new repayment would affect it, plus a debt-to-income ratio.
Lenders assessing affordability for real use Open Banking to verify these figures from actual bank data rather than estimates. See affordability assessment and debt-to-income ratio.
This tool gives a rough estimate for guidance only. It is not a lending decision, credit or financial advice, or a regulated affordability assessment. Figures are illustrative.
Keep going
Verified income and spending turned into a clear score.
What good affordability looks like for UK lenders.
A structure for your affordability assessment policy.
Model repayments, interest and total cost of credit.
Do this properly, at scale
Credit Canary runs real affordability, decisioning and payments for UK lenders, from verified data, not estimates.
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