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Find out the maximum loan amount you can qualify for based on your salary and existing EMIs.
Based on 50% FOIR and ₹₹80,000 monthly income
Calculations follow official federal and central bank guidelines (IRS, RBI), statutory tax provisions, and standardized actuarial compounding.
Why our math is exact vs other portals →The Loan Eligibility Calculator is built to eliminate financial ambiguity by applying exact Indian financial mathematics rather than generic, oversimplified online estimates.
Whether evaluating interest liability on bank credit, calculating compounding acceleration on systematic investments, or forecasting net post-tax maturity values, accurate forecasting ensures you never misjudge your cash flow or long-term corpus.
Indian banks limit total debt obligations to 40-55% of your monthly take-home salary.
Oversimplified flat rate or daily accrual approximations
Statutory monthly reducing balance with exact principal amortization matching SBI/HDFC loan account statements.
In India, retail lending follows RBI guidelines on reducing balance compounding and External Benchmark Linked Lending Rates (EBLR/RLLR). Fixed deposits follow RBI quarterly compounding mandates, while mutual fund equity investments adhere to SEBI NAV timing and post-Budget 2024 capital gains tax provisions (12.5% LTCG over ₹1.25L).
Salary ₹80,000/mo with ₹10,000 existing EMI at 8.5% for 20 years.
Max allowed new EMI is ₹30,000 (50% of 80k minus 10k). Maximum loan eligible = ₹34,57,000.
Compare monthly installments and total repayment across common Indian home and personal loan amounts.
| Loan Amount | 15 Years Tenure | 20 Years Tenure | 25 Years Tenure | Total Interest (20Y) |
|---|---|---|---|---|
| ₹25,00,000 | ₹24,618/mo | ₹21,696/mo | ₹20,131/mo | ₹27,07,040 |
| ₹50,00,000 | ₹49,237/mo | ₹43,391/mo | ₹40,261/mo | ₹54,13,840 |
| ₹75,00,000 | ₹73,855/mo | ₹65,087/mo | ₹60,392/mo | ₹81,20,880 |
| ₹1,00,00,000 | ₹98,474/mo | ₹86,782/mo | ₹80,523/mo | ₹1,08,27,680 |
You can increase eligibility by adding a co-applicant (spouse/parent), clearing existing debts/credit card dues, choosing a longer tenure, or increasing your credit score.
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Deepen your financial planning across interconnected tools. Every calculator within this cluster shares statutory logic and standardized Indian financial formulas.