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Loan Affordability Calculator

Estimate how much you can borrow from your monthly income, existing EMIs, interest rate and tenure — using the FOIR limit lenders apply.

In-browser · no upload

Lenders often allow 40–60% (FOIR).

Estimated maximum loan

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Affordable EMI
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Total interest
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An estimate, not a loan offer. Lenders also consider credit score, age, employment and property value.

Runs entirely in your browser. Your files and text are not uploaded to our servers.

To find out how much loan you can get, enter your monthly take-home income, your current EMIs, the share of income lenders allow for EMIs (FOIR, often 40–60%), the interest rate and tenure. The calculator shows the maximum EMI you can afford and the loan amount that EMI supports.

How to use the Loan Affordability Calculator

  1. 1

    Enter income and existing EMIs

  2. 2

    Set FOIR, rate and tenure

  3. 3

    Optionally test a desired amount

    See whether it fits.

How it works

Affordable EMI = income × FOIR% − existing EMIs. The loan amount is the present value of that EMI over the tenure at the interest rate — the reverse of the EMI formula: P = EMI × ((1 + r)n − 1) ÷ (r × (1 + r)n).

Features

  • FOIR-based

    Mirrors how Indian lenders assess eligibility.

  • Desired-amount check

Examples

Income ₹1,00,000, existing EMIs ₹10,000, FOIR 50%, 8.75% for 20 years → affordable EMI ₹40,000 → loan ≈ ₹44.5 lakh.

Privacy and file handling

Where it runs
Runs in your browser

Runs entirely in your browser. Your files and text are not uploaded to our servers.

Limitations

  • It’s an estimate. Lenders also consider credit score, age, job stability and, for home loans, the property value (loan-to-value limits).

Frequently asked questions

What is FOIR?

Fixed Obligation to Income Ratio: the share of your monthly income that can go towards all EMIs. Many lenders use 40–60% depending on income.

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