 TITLE: How Much Can I Borrow With a Personal Loan? CONTENT: Consider the Monthly Payment You Can Afford\n-------------------------------------------\nJust because a lender determines that you can afford a certain loan amount based on your credit profile, income and debt, it doesn't mean you should take the maximum offered.\nUse a personal loan calculator to help you calculate a loan's payment based on the amount, interest rate and repayment term, as well as how much you'll pay over the life of the loan including interest charges.\nThen check your budget to decide whether you can afford the expense. Making loan payments can limit your ability to achieve other financial goals, so make sure you're prioritizing how you use and spend your money. END