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Home > Paying for College > Financial Aid You Must Repay (Student Loans) > How Big a Loan Can I Afford?

 

How Big a Loan Can I Afford?

How Big a Loan Can I Afford? decorative image

 

It's important the you only borrow what you can afford to pay back. If your students loans equal more than eight percent of your overall income before taxes, you may begin to have difficulty paying other bills, qualifying for additional loans or saving money.

Use a debt-to-income calculator to learn how large an income you would need if you took out a specific amount of student loans.

More Debt-to-Income Calculators

 

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