Loan Eligibility Calculator

Estimate loan eligibility from income, existing EMIs, FOIR, rate and tenure.

—EMI you can afford
—Eligible loan amount

Estimate based on FOIR (Fixed Obligation to Income Ratio) — lenders typically cap total EMIs at 40–55% of income. Actual eligibility also depends on credit score, employer, age and lender policy.

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How to use Loan Eligibility Calculator

Three quick steps — no sign-up needed

  1. Step 1

    Enter net monthly income and existing EMIs

    Use take-home style income (₹) and current EMI obligations.

  2. Step 2

    Set FOIR, rate, and tenure

    Choose max EMI as % of income, interest rate, and years.

  3. Step 3

    Read indicative eligibility

    Lenders still underwrite with credit score and documents.

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About Loan Eligibility Calculator

Loan Eligibility Calculator estimates how much loan you might service from net monthly income, existing EMIs, FOIR-style EMI cap, interest rate, and tenure. Borrowers searching "loan eligibility calculator", "how much loan can I get", or "FOIR calculator" want a budgeting range before talking to a bank.

Enter income (₹), existing EMIs, max EMI % of income, rate, and tenure. Banks also use credit score, employment type, LTV rules, and internal policies - eligibility can be lower than a simple FOIR model.

Treat the output as indicative. Improving score, reducing other EMIs, or choosing a longer tenure can change capacity. Not a sanction letter or financial advice.

Benefits of Loan Eligibility Calculator

FOIR-aware estimate Respect income already used by EMIs.
Rate and tenure sensitive See how terms change eligibility.
Pre-discussion planning Walk into bank meetings prepared.
Fast what-if checks Test income or EMI changes.

Frequently asked questions

What is FOIR?

Fixed obligation to income ratio - how much of income can go to EMIs.

Why did the bank offer less?

Score, stability, property type, and policy caps often reduce eligibility.

Should I maximise tenure for eligibility?

Longer tenure can raise eligibility but increases total interest.

Is this approval?

No - only an educational estimate.

Does it use CIBIL automatically?

You enter the numbers; it does not pull bureau data.