The amount of loan you can afford depends on various factors, including your income, expenses, credit score, and the type of loan you are seeking. Generally, lenders use the debt-to-income (DTI) ratio to determine how much loan you can afford.

The DTI ratio is calculated by dividing your monthly debt payments (such as credit card payments, car loan payments, and other loan payments) by your gross monthly income. Lenders typically prefer a DTI ratio of 43% or less, although some lenders may accept a higher DTI ratio under certain circumstances.

To get an idea of how much loan you can afford, you can use an online mortgage calculator or consult with a lender. You should also review your budget and make sure that you can comfortably afford the loan payments, taking into account your other financial obligations and goals.