Loan Eligibility Calculator
Calculate your loan eligibility based on your monthly income, existing EMIs, and age. Find out the maximum loan amount you can get and your FOIR/DTI ratio.
Your Details
Total of all existing loan EMIs
5 years30 years
30%60%
Most banks use 40-50%
Eligibility Results
Enter your details to calculate loan eligibility
Understanding Loan Eligibility
FOIR (Fixed Obligation to Income Ratio)
FOIR is the ratio of your monthly fixed obligations (including the proposed EMI) to your monthly income. Most banks maintain FOIR limit of 40-50%.
DTI (Debt-to-Income Ratio)
DTI ratio shows what percentage of your income goes toward debt payments. Lower DTI ratio indicates better financial health and higher loan eligibility.