Know your odds before you apply
A quick, unofficial read on qualification, tuned to the loan type. An estimate only — not a lending decision, and results can vary.
Consolidating? Check any debt this loan will pay off — it drops from DTI. See the caution below on how lenders treat this.
Enter your monthly income and a loan amount to see your estimate. Rate and term default to typical values until you set them.
LoanLikely is an unofficial educational estimator. It is not a loan application, pre-qualification, pre-approval, credit decision, commitment to lend, or an offer of credit. Nothing here is legal, tax, accounting, or financial advice, and no lender, bank, broker, credit bureau, or government agency has reviewed, endorsed, or backed these results.
Results are rough approximations generated from the values you type in, using simplified assumptions and generic industry rules of thumb. Actual results can and will vary — real underwriting depends on your verified credit report and scores, documented income and assets, employment history, property or collateral details, appraisal, program guidelines, fees, insurance, taxes, and each lender's own criteria. Figures shown may be inaccurate, incomplete, or out of date, and rates change constantly.
Personal loans are unsecured, so credit weighs heaviest and rates swing widely by score. Prime lenders often decline below ~600; the numbers here assume a mainstream lender. Bonus, commission, and overtime generally count only with a 2-year documented history, averaged. Do not make financial decisions based on this tool alone — always confirm with a licensed lender or qualified financial professional. Use is at your own risk and provided "as is," without warranty of any kind.