EMI Affordability Calculator

Calculate your maximum eligible home loan, monthly EMI, and total interest based on income and FOIR guidelines.

Based on FOIR (Fixed Obligation to Income Ratio) — RBI guideline: lenders typically cap total EMIs at 40–50% of gross monthly income.

Monthly Gross Income (₹)

Existing EMIs per Month (₹)

Down Payment Available (₹ Lakh)

Loan Tenure (Years)

Interest Rate (% p.a.)

FOIR Guidelines — What Lenders Check

FOIR Range	Lender Stance	Recommendation
Below 40%	Strong approval likelihood	Comfortable zone. You may negotiate better rates.
40%–50%	Typically approved	Acceptable. Maintain emergency fund for EMI continuity.
50%–55%	Case-by-case approval	Risky. Increase down payment or reduce tenure.
Above 55%	Usually rejected	Reduce existing EMIs before applying.