Inputs & Parameters
LoansSalary + Other Income
₹
Car loan, Personal loan etc.
₹
%
Yrs
Bank Limit (FOIR)
50%Percentage of your income banks allow for total EMIs.
Safe: 40% | Standard: 50% | Risky: 60%+
%
Maximum Loan Amount
₹46,09,234
Max Allowed EMI: ₹40,000/mo
•At Rate: 8.5%
Gross Income
₹1,00,000
Existing Obligations
₹10,000
Available for Loan
₹40,000
How Banks Think
Banks usually cap total EMIs at 40-50% of Gross Income. If you have existing EMIs, your eligibility drops significantly.