Loan Eligibility Calculator
Find out how much you can borrow on your income.
- Loan you may be eligible for
- ₹44,45,798
- Highest EMI you can afford
- ₹40,000
- Total payment
- ₹96,00,000
- Total interest
- ₹51,54,202
- Loan you may be eligible for ₹44,45,798 (46.3%)
- Total interest ₹51,54,202 (53.7%)
Find out how much you can borrow on your income. Enter your details below and the result appears instantly. The calculation runs in your browser and nothing is stored.
How it is calculated
Highest EMI = monthly income x set percentage - existing EMIs
Loan = highest EMI x ((1 + r)^n - 1) / (r x (1 + r)^n)
Frequently asked questions
How does the Loan Eligibility Calculator work?
A fixed mathematical formula is applied to the numbers you enter. The formula is explained further down the page.
Is the result exact?
The result is an estimate. The actual amount can differ because of the institution's rules, charges and rate changes.
Is my information stored anywhere?
No. The calculation runs in your browser and the numbers you enter are not saved on our server.
