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Free Indian Tools

Finance · Free tool

Loan Eligibility Calculator

Banks cap your total EMIs at 50–65% of net monthly income (Fixed Obligations to Income Ratio, FOIR). We back-calculate the loan amount that fits.

₹1,00,000
₹10,000
8.50%
20 yrs
55%

Banks typically use 50-65%. Higher for high earners.

Eligible loan
₹51,85,388
Allowed total EMI₹55,000
Available for new EMI₹45,000