LOAN ELIGIBILITY CALCULATOR — KITNA LOAN MILEGA? (FOIR METHOD) | 100% PRIVATE
100% Private: Income details browser me hi calculate hoti hain — kahin save nahi hoti.
YOUR PROFILE
Salary ke saath rental/freelance income bhi (jo proof ho).
Car loan, personal loan, education loan, credit card ka ~5% outstanding — sab jodo.
AAPKO MIL SAKTA HAI (approx.)
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| Combined monthly income | — |
| FOIR limit applied | — |
| Max EMI capacity | — |
| Minus existing EMIs | — |
| Available for new loan EMI | — |
| Reverse: us EMI pe EMI-based max loan | — |
LOAN ELIGIBILITY — COMPLETE GUIDE (2026)
Loan Eligibility Calculator Kya Hai?
Loan Eligibility Calculator batata hai ki aapki income pe bank maximum kitna loan de sakta hai — home loan, car loan ya personal loan ke liye. Aapka monthly income, existing EMIs, interest rate aur tenure daalo — FOIR (Fixed Obligation to Income Ratio) method se calculate hota hai ki aapki maximum EMI capacity kitni hai, aur us capacity pe kitna principal loan milega. Co-applicant income ka option bhi hai — jo single income se double eligibility de sakta hai.
FOIR Kya Hai — Bank Ka Asli Formula
FOIR = (Saare monthly EMIs + proposed EMI) ÷ Net monthly income Example: Income ₹60,000 | Existing EMI ₹5,000 FOIR 45% → Max total EMI = ₹27,000 New loan ke liye available = ₹27,000 − ₹5,000 = ₹22,000
Us ₹22,000 EMI pe, 8.5% / 20 saal ke liye, aapko ≈ ₹26 lakh ka home loan milega. Ye hi math har bank karti hai — sirf FOIR limit thoda alag hoti hai (40-55%).
FOIR Limits — Kis Income Pe Kya
| Income Level | Typical FOIR | Note |
|---|---|---|
| ₹30,000 tak | 40-45% | Lower income pe banks conservative hote hain |
| ₹50,000 - ₹1L | 45-50% | Standard zone — most applicants |
| ₹1L+ | 50-55% | High income pe banks flexible |
| Credit card dues | — | Outstanding ka ~5% EMI me count hota hai |
Eligibility Badhane Ke 6 Proven Tarike
- Co-applicant jodo: Spouse/parent ki income judne se eligibility nearly double — sabse bada lever.
- Chhote EMIs band karo: Har ₹5,000 ki EMI close = ₹9-10 lakh zyada home-loan eligibility. Personal loan pehle khatam karo.
- Tenure badhao: 20 → 25 saal se eligibility ~15-20% badhti hai (par total interest bhi — trade-off samjho).
- Credit score 750+ rakho: Best rates + full FOIR allowance. Score kam ho to bank FOIR tight kar deta hai.
- Saari income declare karo: Rental, freelance — proof ke saath. Undeclared income eligibility me count nahi hoti.
- Apply se pehle hard-inquiries kam karo: Ek mahine me 4-5 banks se eligibility check karwane se score girta hai — pehle ye calculator se estimate karo.
Income-Based vs Property-Based Limit — Dono Samjho
Home loan me final amount do limits me se jo KAM ho wahi hota hai: (1) income-based eligibility (ye calculator wala), (2) property LTV limit — RBI rules ke hisaab se property value ka 75-90% max. Example: income pe ₹40L eligible ho, par property ₹30L ki hai → loan max ₹27L (90% LTV) hi milega. Isliye property selection bhi eligibility jitna hi important hai — budget pehle decide karo, phir property dhoondo.
Self-Employed Ke Liye Kya Alag Hai?
Business walon ke liye banks ITR-reported profit dekhte hain — aam taur pe last 3 years ka average, business-stability rules ke saath. Practical implication: agar aap tax saving ke chakkar me kam profit declare karte ho, to aapki loan eligibility bhi utni hi kam ban jati hai. Business owners ke liye 3 saal clean ITR + GST returns + bank statements hi eligibility ka asli document hai — file karte waqt ye future-plan me rakho.
10 Golden Rules
- Total EMI kabhi income ka 50% se zyada mat hone do — bank de bhi jaye.
- Loan lene se 6 mahine pehle credit score build/freeze karo — koi naya credit card/loan nahi.
- Co-applicant ka option seriously lo — do income, double eligibility.
- Existing EMIs pehle khatam karo — chhote EMIs bade loan ko rokte hain.
- Emergency fund (6 mahine EMI) alag rakho — EMI capacity ≠ savings capacity.
- Job change loan process ke beech mat karo — approval ruk jata hai.
- Property LTV limit yaad rakho — income eligibility ≠ final loan.
- Processing fee + insurance + legal charges budget me jodo — 1-2% extra.
- Prepayment-friendly bank chuno (floating pe penalty nahi honi chahiye).
- Offer letter ke numbers is calculator se cross-check karo — hidden markup pakdo.
Frequently Asked Questions (FAQ)
Banks decide this through FOIR (Fixed Obligation to Income Ratio) — your total monthly EMIs cannot usually exceed 40-50% of your net monthly income. On a ₹50,000 monthly salary with no existing EMIs, at 45% FOIR your maximum total EMI capacity is ₹22,500 — which supports a ₹20 lakh home loan at 8.5% for 20 years, or a smaller amount at higher rates/shorter tenures. This calculator does exactly this math with your numbers.
FOIR = (all existing monthly obligations + proposed EMI) ÷ net monthly income. Existing obligations include current loan EMIs, credit-card minimum dues (banks often count 5% of outstanding), and sometimes rent. Most banks cap FOIR at 40-50% for salaried (lower for lower incomes, higher for very high incomes); self-employed assessment uses income proof and ITRs similarly. If your FOIR crosses the cap, the bank reduces the loan amount or rejects — which is why clearing small EMIs before applying genuinely raises eligibility.
A co-applicant (usually spouse or parent) adds their income to yours, so the EMI capacity is calculated on the combined amount — often nearly doubling eligibility. Two conditions: the co-applicant must have a stable income, and their existing EMIs get counted too. For working couples buying a home, joint application is the single biggest eligibility booster — plus both can claim tax benefits on the same loan proportionately.
Banks also check credit score (750+ gets the best rates and full FOIR), employer category (government/MNC/listed companies get better treatment), age (longer tenure allowed for younger applicants), job stability, and property value for secured loans (LTV cap: 75-90% of property cost regardless of income eligibility). Your final offer is the MINIMUM of income-based eligibility and LTV-based limit. This calculator shows the income-based part.
No — all calculations happen in your browser with JavaScript. Your salary and EMI details never leave your device, nothing is stored or logged, and the tool keeps working offline after the page loads.
Six proven levers: (1) add a co-applicant's income, (2) close existing small EMIs — each ₹5,000 EMI closed frees about ₹9-10 lakh of home-loan eligibility, (3) choose a longer tenure (20→25 years raises eligibility ~15-20%), (4) wait for a salary increment or show performance bonus history, (5) improve credit score to 750+ for better rates and full FOIR allowance, (6) declare all legitimate income — rental, freelance — with proof. Avoid: applying to many banks in a short window (multiple hard inquiries lower your score right before the real application).
Yes. Salaried eligibility is straightforward — net monthly salary × FOIR. Self-employed applicants are assessed on 2-3 years of ITR-reported profits: banks typically take the 3-year average and apply business-stability rules, so reported profit (not turnover) drives eligibility. If you run a business, clean ITRs for 3 years matter more than anything else — under-reporting income to save tax directly shrinks your loan eligibility years later.
Longer tenure means lower EMI for the same loan, so banks can lend more — going from 20 to 25 years raises eligibility roughly 15-20%. But there is a trade-off: total interest paid rises substantially over the extra years. A smart approach: take the longer tenure for eligibility approval, then prepay aggressively when you have surplus funds — you get the higher sanctioned amount while keeping interest closer to the shorter-tenure scenario. Just confirm your bank has no prepayment penalty on floating rates (RBI bars it for individual floating-rate loans).