Loan amount = [(after-tax monthly salary of the borrower and after-tax monthly salary of the borrower's spouse) * repayment ability coefficient ]* 12* loan term (year)
The repayment ability coefficient is generally 0.4-0.5, and the following calculation is determined as 0.45.
If a loan of 200,000 yuan is needed, the above formula can be written as follows:
Loan term (year) = loan amount/[(after-tax monthly salary of the borrower and after-tax monthly salary of the borrower's spouse) * repayment ability coefficient * 12], and substitute the data into the formula:
200000/[(30000) * 0.45 *12] =12.35 years.
According to the above calculation (according to your unmarried status), if you borrow 200,000 yuan, you must borrow it for at least 12.35 years (about 12 and 4 months). If you want to shorten the loan period or increase the loan amount, you must raise your current salary.
Note: The repayment ability coefficient directly affects the whole calculation data. The average bank will take 0.45, but there are differences from place to place.