Loan Eligibility Calculator
How much a lender will actually sanction, based on your FOIR.
Lenders cap total EMIs at 40-55% of net monthly income, a ratio called FOIR. With ₹1,00,000 income, no existing EMIs and a 50% FOIR, your EMI capacity is ₹50,000, which supports roughly ₹57 lakh of home loan at 8.5% over 20 years.
Your Inputs
Eligible loan amount
EMI capacity
₹50,000
How this works
FOIR is the number that decides your sanction
Fixed Obligation to Income Ratio is the share of your net income already committed to EMIs, including credit card minimum dues. Most lenders allow 40% for incomes below ₹50,000 and up to 60-65% for high earners. Rent is counted as an obligation by several lenders.
How to increase eligibility legitimately
Add a co-applicant with independent income, extend the tenure, close small unsecured loans, or declare variable pay with two years of proof. Do not apply to five lenders at once — each application creates a hard bureau enquiry and lowers your score.
Frequently asked questions
Related calculators
EMI Calculator
Monthly instalment, total interest and full amortisation for any loan.
Home Affordability Calculator
The realistic property budget for your income and savings.
Loan EMI vs SIP Compensator
Recover your full loan interest by starting a small SIP alongside.
Loan Prepayment Calculator
See exactly how much interest and time one prepayment saves.
Loan Balance Transfer Calculator
Is switching lenders actually worth the fees?
Credit Card Interest Calculator
The true cost of revolving a credit card balance.