Use a configurable fixed-obligation-to-income ratio to estimate borrowing capacity before lender-specific checks.
Calculate with the Loan Eligibility Calculator
Enter the details below. Required values are validated before results are shown.
Loan Eligibility Calculator results
How to use the Loan Eligibility Calculator
- Choose the display currency and any calculation mode or frequency.
- Enter each required value using a consistent currency and time basis.
- Select Calculate or press Enter.
- Review the result explanation, assumptions, and any schedule before relying on the estimate.
Worked example
At ₹100,000 monthly income and 50% FOIR, total allowed obligations are estimated at ₹50,000.
Understanding the results
The summary separates the most important output from supporting values. Currency selection changes formatting only; it does not convert exchange rates or alter a currency-independent formula.
Frequently asked questions
Does an eligibility result guarantee loan approval?
Disposable income is shown separately; lender policies may use different eligible income and obligation definitions. The result depends on the values and assumptions entered, so compare it with the applicable provider or official rule.
Can I use decimal values in the Loan Eligibility Calculator?
Yes. Decimal values are supported. Results are calculated at full JavaScript numeric precision and formatted for readability.
Are the Loan Eligibility Calculator results guaranteed?
No. The calculator provides an estimate based on the entered assumptions and is not financial, tax, investment, lending, payroll, or legal advice.