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Loan Eligibility calculator
Get an idea of how much you may be able to borrow based on your income, existing obligations, credit score and employment.
✅ Credit Eligibility Engine
Bank-grade affordability analysis using FOIR, DTI ratio & risk scoring
Income & Monthly Obligations
Risk Profile & Loan Parameters
Maximum Loan Eligibility
$0
Max affordable monthly EMI: $0
Approval Probability
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Debt-to-Income
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FOIR Allowed
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Risk Rating
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Approval Confidence Meter
LowModerateHigh
Lender Sentiment Analysis
About the Loan Eligibility calculator
Get an idea of how much you may be able to borrow based on your income, existing obligations, credit score and employment.
How to use the Loan Eligibility calculator
- Enter your Monthly Net Income, Existing Monthly EMIs and Monthly Living Expenses.
- Enter your Credit Score, Desired Loan Tenure and Expected Interest Rate.
- Choose your Employment Type, Collateral Available and whether you have a Co-Applicant, then press Calculate.
Formula and method
The calculator estimates the monthly payment you can afford from your disposable income, then converts that payment into a loan amount using the loan formula for your rate and tenure.
When to use the Loan Eligibility calculator
- Estimating how much a lender might let you borrow.
- Checking how your income and existing debts affect eligibility.
- Preparing for a loan application.
Common mistakes to avoid
- Treating the result as an approval. Lenders also check credit history and employment.
- Ignoring your existing debts, which reduce the amount you can borrow.
Tips
- A higher credit score, stable income and collateral improve approval chances.
- Approval is decided by the lender. This is only an estimate.
Frequently asked questions
What is an EMI?
Equated Monthly Instalment: the fixed amount you pay every month towards a loan.
What affects loan eligibility?
Income, existing debts, credit score, employment history and the amount you ask for.