Estimate maximum borrowing amount and permissible EMI based on income and liabilities.
Result
Eligibility estimate based on FOIR norms. Actual sanction amounts depend on your CIBIL score, employer category, and lender underwriting criteria.
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Max Loan = [Max EMI x ((1 + r)^n - 1)] / [r x (1 + r)^n]
₹80,000 monthly income, ₹10,000 existing EMIs, 8.5% rate, 20-year tenure, 50% FOIR.
Eligible loan amount: ~₹34.57 Lakh | Available monthly EMI capacity: ₹30,000.
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Open calculatorFOIR stands for Fixed Obligation to Income Ratio. It is the percentage of your net monthly income that banks allow toward all loan repayments combined (typically between 40% and 60%).
You can increase borrowing eligibility by paying off existing loans to free up FOIR capacity, opting for a longer tenure, or adding a co-applicant (such as an earning spouse).
No. This calculator estimates maximum mathematical borrowing capacity. Final approval depends on credit score (CIBIL 750+), employment stability, and property valuation.
Lenders evaluate your borrowing capacity using your net disposable income and existing debt commitments. By enforcing a Fixed Obligation to Income Ratio (FOIR), banks ensure that borrowers retain sufficient funds for living expenses without defaulting on repayments.
Longer tenures increase borrowing capacity by spreading payments over more months, but increase overall interest paid.