Loan Eligibility Calculator

Find out how much you can borrow. Estimate your loan eligibility based on your financial details.

Your Financial Details

50,000
10,000
8.5 %
10 Years

Max. Loan Amount

0

Affordable EMI

0

Debt-to-Income Ratio

0 %

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Borrowing Planner

Calculate Maximum Loan Eligibility & Borrowing Power

Estimate the maximum loan principal amount banks will approve based on your monthly income, current liabilities, and standard FOIR ratios.

1

Enter Take-Home Salary

Input your net monthly take-home income (after tax deductions).

2

Deduct Existing EMIs

Input the total of your active monthly loan payouts and credit obligations.

3

Set Target Rate

Input the interest rate and repayment tenure you plan to select.

4

Inspect Loan Cap

Instantly review your borrowable principal limits, maximum EMI allowance, and FOIR health indicators.

Banking Risk Benchmarks
FOIR Cap Assessment
100% Private local parsing
Layout Grid

Debt-to-Income Slashes & Lendable Bounds

FOIR Obligation Caps

Applies bank guidelines (typically FOIR between 40% to 60%) to limit risk factors.

Max Approval Principal

Runs reducing interest math backwards to calculate the maximum principal banks will lend.

Tenure Sensitivity Maps

Simulates approval size variance based on selected repayment timelines (5 to 30 years).

Income-to-Debt Netting

Deducts active credit card bills and personal loan EMIs to protect your credit health.

Secure Sandbox Calculations

All data processing is run locally on the client thread, preventing any transaction data leaks.

Eligibility FAQs

Frequently Asked Questions

1 What is loan eligibility?
Loan eligibility represents the maximum loan principal amount that a bank or financial institution is willing to lend to a borrower, determined primarily by income levels, repayment capacity, age, and existing debt obligations.
2 What is FOIR and how does it affect loan approvals?
FOIR stands for Fixed Obligation to Income Ratio. It represents the percentage of your monthly income that goes toward paying fixed liabilities (like rent and active EMIs). Banks typically restrict total obligations (including the new loan) to a maximum FOIR of 45% to 50% of monthly take-home salary.
3 How do existing EMIs impact my lendable limit?
Existing active EMIs directly decrease your disposable income balance. Because the bank has to fit your new loan payment under the maximum FOIR cap, any pre-existing monthly debt obligations will reduce the maximum borrowable size you qualify for.
4 Can I increase my loan eligibility limit?
Yes. You can enhance eligibility by clearing off smaller pre-existing personal debts, extending the target loan tenure (which lowers the monthly EMI obligation to fit FOIR bounds), or including a co-applicant to pool incomes.
5 Are my private income numbers or debts recorded?
No. All income, active credit card bills, and personal liabilities remain strictly within client-side browser storage structures. No data is stored or processed on third-party backend servers.