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Lenders cap your total EMIs at a share of your income. This applies that rule to your salary and existing EMIs to show what you can realistically borrow.
Move a slider or type a number. Everything updates instantly, and the link above carries your values so you can share or save them.
Seventy five thousand
Take-home pay after tax and PF, or monthly business income.
Add up every running loan and credit card EMI.
A longer tenure raises what you are eligible for, but costs far more interest.
The share of income a lender lets you spend on EMIs. 50% is common; higher incomes get more.
You may be eligible for
₹36,12,211
Thirty six lakh twelve thousand two hundred eleven rupees
Room left for a new EMI
₹32,500
per month, after your existing obligations
Max EMI = (income x FOIR%) - existing EMI. Then P = EMI x ((1+r)^n - 1) / (r x (1+r)^n).
Nothing is hidden. The same formula runs in a shared, unit-tested library used by every calculator on this site.
These numbers are indicative. Your actual offer depends on the lender.
This calculator assumes the rate stays the same for the whole tenure. Most loans in India are floating rate, so your EMI can move when the RBI changes rates. Tell us your real situation and we will give you a figure you can plan around.
Questions
What people ask us most about this calculation.
We will tell you which lenders are likely to say yes to your file, and at roughly what rate, before you apply anywhere.
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