Check how much loan you're eligible for
Estimate the maximum loan amount a lender is likely to approve, based on your income and existing EMIs.
Monthly income and any EMIs you're already paying.
The share of income lenders will let go toward EMIs. 40-50% is typical.
The maximum EMI and loan amount you're likely to qualify for.
Frequently asked
What is FOIR?
Fixed Obligation to Income Ratio. The share of your monthly income lenders allow to go toward all EMIs combined, typically 40-50% depending on the lender and your income level.
Is this the exact amount a bank will approve?
No. This is an estimate based on income and FOIR alone. Actual approval also depends on credit score, employment type, existing relationship with the lender, and their specific policies.
Why does a higher FOIR increase my eligibility?
A higher FOIR means the lender is willing to let a larger share of your income go toward EMIs, which raises the maximum EMI (and therefore loan amount) you can be approved for.
Is my income information sent anywhere?
No. Everything is calculated in this tab.