Loan Eligibility Calculator
Estimate how much loan you may qualify for based on your income, obligations, and financial profile.
Income & Expenses
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₹
₹
Loan Details
10%
5 Years
750
300 (Poor)900 (Excellent)
35 Years
₹1,00,000
Loan Eligibility
Eligible Loan Amount
₹0
Max Monthly EMI: ₹0
Maximum Monthly EMI₹0
Current Debt-to-Income Ratio0.0%
Annual Interest Payment₹0
Total Interest Payment₹0
Check Your Loan Eligibility
Enter your monthly income, existing EMIs, desired loan tenure, and expected interest rate. The calculator estimates the maximum loan amount you are eligible for, based on standard banking norms. It considers FOIR limits and shows how adding a co-applicant or reducing existing obligations can improve eligibility.
Key Components
- Monthly Income: Net take-home salary or profit.
- Existing EMIs: Total monthly debt repayments.
- Loan Tenure: Desired borrowing duration.
- Interest Rate: Expected annual interest rate.
- CIBIL Score: Credit profile rating (300-900).
How It Works
Uses banking FOIR norms:
- Net Disposable Income: Net Income × FOIR %
- Available EMI: Net Disposable Income - Existing EMIs
- Max Loan Amount: Present value of Available EMI over Tenure.