FOIR (Fixed Obligation to Income Ratio) is the share of your monthly income that lenders allow toward all EMI obligations combined, typically 40–55% depending on the lender and your credit profile.

Does a good credit score affect loan eligibility?

Yes — a higher credit score can improve both your eligible loan amount and the interest rate offered, independent of the income-based FOIR calculation shown here.

Home / Loan Eligibility Calculator

Loans & credit

Loan Eligibility Calculator

Get a rough idea of how much a lender might approve, based on your income, existing EMI obligations and the loan terms on offer.

Income & obligations

Net monthly income ₹80,000

Existing monthly EMIs ₹0

Max EMI as % of income (FOIR) 50%

Expected interest rate 8.5%

Tenure (years) 20 yrs

Estimated eligibility

Maximum loan amount

₹0

Available EMI capacity₹0

Total obligation limit₹0

FOIR (Fixed Obligation to Income Ratio) is the share of income lenders allow toward all EMIs combined; 40–55% is typical, varying by lender and credit profile.

How loan eligibility is estimated

Lenders cap the EMI they'll approve as a percentage of your monthly income — the FOIR — after accounting for any EMIs you're already paying. Whatever's left of that capacity gets converted into a loan amount using the standard EMI formula, run in reverse.

Available EMI = (Income × FOIR%) − Existing EMIs
Eligible loan = Available EMI × [ (1+r)ⁿ − 1 ] / [ r × (1+r)ⁿ ]
r = monthly interest rate, n = tenure in months

This is a planning estimate — actual eligibility also depends on your credit score, employment type, city, age, and the specific lender's policy.

Related calculators

Figures are estimates for planning purposes only and do not guarantee loan approval.