About this tool
Lenders cap your total EMIs at a share of your monthly income, called FOIR (fixed obligations to income ratio), usually 40–60%. This calculator applies that cap to estimate the largest loan you can get.
How lenders decide how much you can borrow
Banks do not start with the loan you want. They start with how much EMI your income can safely support, then work backwards to a loan amount. The key measure is the share of your net monthly income that goes to fixed obligations, including existing EMIs and the new one. Many lenders keep this between 40 and 60 percent, with the higher limits reserved for larger incomes.
This calculator applies that idea to your numbers. Enter your take-home pay and any EMIs you already pay, choose a likely rate and tenure, and it estimates the largest loan that fits. If the result is lower than you hoped, look at the existing EMIs first. Closing a small personal loan or a consumer durable EMI before applying can lift your eligibility noticeably, because the freed-up amount is counted towards the new loan.
Other ways to improve your chances include adding an earning co-applicant, choosing a longer tenure, or making a larger down payment so you need less. Keep in mind that the amount a bank will lend is not the same as the amount you should borrow. A loan that uses the full limit leaves little room for rising expenses or a pause in income. Treat the result here as a ceiling, then pick a comfortable figure below it. Your credit score, job stability and the property itself will also shape the final offer, so expect the sanction letter to differ slightly from this estimate. Checking your own credit report a few weeks before applying also gives you time to fix errors that could hold the loan back.
How to use it
- Enter your numbers in the boxes, or drag the sliders.
- Read the result on the right. It updates as you type.
- Open the year-by-year table, if shown, to see how the numbers change over time.
- Use 'Copy link with these values' to save the calculation or send it to someone.
Questions
What FOIR do banks use?
Typically 50% for incomes up to about ₹75,000 a month and up to 60–65% for higher incomes. Each lender sets its own limit.
How can I increase my loan eligibility?
Close small existing loans, add a co-applicant with income, choose a longer tenure, or improve your credit score to qualify for a lower rate.
Last reviewed 16 October 2026. Results are estimates for planning. Check important figures with your bank, employer or a qualified adviser.