See how much loan you can get based on your income, existing EMIs and lender’s FOIR. Results are indicative.
Max EMI = (Monthly income × FOIR%) − Existing EMI. From this EMI, interest rate and tenure we derive the maximum loan amount using the standard EMI formula. FOIR is typically 40–60% depending on the lender and loan type.
Calculate your monthly loan payments instantly. Perfect for home loans, car loans, and personal loans.
Plan your systematic investment plans and visualize your wealth growth over time.
Calculate your income tax liability based on the latest tax slabs and regimes.
Calculate GST amounts for different tax slabs. Supports CGST, SGST, and IGST.
Calculate maturity amount and interest earned on your fixed deposits.
Plan your recurring deposits and calculate the maturity value.
FOIR (Fixed Obligation to Income Ratio) is the maximum share of your monthly income that a lender allows for loan EMIs. It is usually 40–60%. So if your income is ₹1 lakh and FOIR is 50%, your total EMIs (existing + new) should not exceed ₹50,000.
No. The result is indicative. Lenders also consider credit score, employment type, age, and other factors. Use this to get an idea of how much you can borrow; final eligibility is decided by the bank.
Max loan depends on income, existing EMIs and FOIR. If you have high existing EMIs or the lender uses a strict FOIR, the eligible amount will be lower. Try reducing existing EMI or using a slightly higher FOIR (if your lender allows) to see the impact.
Yes. The same FOIR-based logic applies to home, personal and other loans. Enter your monthly income, existing EMI, expected rate and tenure. Adjust FOIR to match what your lender typically uses (often 50–60% for salaried).
Yes. This loan eligibility calculator is free. No signup. Use it to check how much loan you may get based on income and EMIs.