Loan eligibility calculator based on your income
Estimate the maximum loan your income supports, using the FOIR limits banks apply.
Your income
Your obligations
Rent you'll keep paying, insurance premiums, SIP commitments…
The loan
Share of income banks allow for all EMIs combined. 40–50% is typical.
Used to turn your loan into an affordable property or car price.
You can borrow up to
₹69.14 L
with an EMI of ₹60,000/month
- Affordable price (with down payment)
- ₹86,42,313
- Down payment (20%)
- ₹17,28,463
- Total interest over tenure
- ₹74,86,150
- Household income
- ₹1,50,000
Comfortable zone
How to use this calculator
- 01
Your income
Monthly take-home, plus a co-applicant if you have one.
- 02
Your obligations
Existing EMIs and other fixed monthly commitments.
- 03
Your eligibility
We apply the lender's FOIR limit to find the affordable EMI, then the loan it supports.
Frequently asked questions
What FOIR do banks use?
Typically 40–50% for incomes under ₹50,000/month and up to 60–65% for higher incomes. Staying under 40% keeps your finances comfortable.
How can I increase my loan eligibility?
Add a co-applicant, close small loans or credit-card EMIs, choose a longer tenure, or improve your credit score for a better rate.