Loan Eligibility Calculator
Find out the maximum loan amount you're likely eligible for based on your income.
Max loan amount
₹44,45,798
Max affordable EMI
₹40,000
Based on a monthly income of ₹1,00,000 and a 50% obligation limit, you could be eligible for a loan of up to ₹44,45,798 at 9% over 20 years.
Monthly income breakdown
How this calculator works
Loan eligibility is primarily driven by how much of your monthly income lenders will let you commit to debt repayment — the Fixed Obligation to Income Ratio (FOIR). This calculator subtracts your existing EMIs from your FOIR-based limit to find your affordable EMI, then works backward to the maximum loan amount at your chosen rate and tenure.
Worked example:on a monthly income of ₹1,00,000 with ₹10,000 in existing EMIs and a 50% FOIR, you'd have ₹40,000/month left for a new EMI, which — at 9% over 20 years — translates to eligibility for a loan of roughly ₹44.5 lakh. Every rupee of existing EMI reduces this room by exactly a rupee, which is why paying down other debt before a big loan application often helps.