How to use the Loan Eligibility Calculator
Fill in the fields on the left. Results, charts and the breakdown update instantly as you type or move a slider. Pick your country at the top of the page to switch currency.
Formula
Max EMI = income × FOIR − existing EMIs
Max loan = Max EMI × ((1 + r)^n − 1) ÷ (r × (1 + r)^n)
Frequently asked questions
What is FOIR?
Fixed Obligation to Income Ratio — the share of your income that goes to loan repayments. Most banks allow 40–60%. In the US this is called debt-to-income (DTI).
How can I increase my eligibility?
Pay off small loans, add a co-applicant, choose a longer tenure, or improve your credit score for a better rate.
Results are estimates for information only and are not financial, tax or legal advice. Tax rules, interest rates and fees change, so confirm important numbers with your bank, employer or a qualified adviser. Read our disclaimer.