FOIR Loan Eligibility Checker

Skip the lead-gen traps. Use bank-level underwriting mathematics (Fixed Obligation to Income Ratio) to calculate your exact maximum loan eligibility securely and anonymously.

＋Equis / Underwriting Analytics
Net Monthly Salary
₹
Total Existing EMIs
₹
Target Interest Rate
%
Target Tenure
Years
APPROVED

Underwriting Report

Your Current FOIR15%
Bank's Max Allowed FOIR50%
Max New EMI Affordable₹35,000/mo
Max Eligible Loan₹37,54,836

Profile Status

Good

Based on your salary bracket, banks will allow up to 50% of your income to go towards EMIs.

The Math Behind FOIR Loan Eligibility Checker

Banks do not calculate eligibility based purely on your CIBIL score. They use a strict mathematical underwriting formula known as the Fixed Obligation to Income Ratio (FOIR).

balance

1. The FOIR Limit

Fixed Obligation to Income Ratio (FOIR) is the maximum percentage of your salary a bank allows to go towards EMIs. Crossing 50% guarantees rejection.

trending_down

2. Reverse Underwriting

Instead of guessing loan amounts, we use the bank's internal reverse-calculation formula to find the exact maximum loan your free cash flow can support.

warning

3. Hidden Debt Trap

Applying for loans you are not eligible for triggers 'Hard Inquiries' on your CIBIL, instantly dropping your score and making future approvals harder.

Frequently Asked Questions

How does FOIR Loan Eligibility Checker reverse-engineer the loan amount?expand_more
First, we calculate your max affordable EMI based on your net income minus existing EMIs. Then, we use the reverse EMI formula (P = (E * ((1+r)^n - 1)) / (r * (1+r)^n)) to mathematically determine the exact maximum principal balance the bank will approve.
Why is my status showing as 'Rejected (Overleveraged)'?expand_more
If your existing monthly EMIs already consume more than 50% of your net income, you cross the risk threshold. Banks classify this as overleveraged and will auto-reject your application regardless of your CIBIL score.
EQUIS DECISION INTELLIGENCE • NEXT LOGICAL CALCULATION

Protect Your Working Capital and Debt Service Coverage (DSCR)

Ensure debt interest does not choke business liquidity during seasonal downtime:

savings
Prepayment OptimizerThe Compounding Debt Killer
DEBT RELIEF

Prepaying small amounts early cuts your loan tenure by years and saves lakhs in interest.

Simulate Debt Reduction →arrow_forward
real_estate_agent
Rent vs Buy Reality AuditIs Renting Actually Smarter?
CRITICAL MATH

Factor in property maintenance, inflation, and opportunity cost before committing to a 20-year loan.

Run Housing Audit →arrow_forward
swap_horiz
Flat vs Reducing Rate AuditBust Dealer Flat-Rate Illusion
FEE DETECTOR

Dealers quote low flat rates that are mathematically double when calculated on reducing balance.

Uncover True APR →arrow_forward
domain
Loan Against PropertyCheap Collateralized Capital
DEBT RELIEF

Borrowing at 8.75% against real estate is 50% cheaper than unsecured personal loans.

Compare Mortgage Rates →arrow_forward
Zero affiliate bias • Pure mathematical decision treesExplore All 81 Financial Toolsopen_in_new

Frequently Asked Questions

How does the FOIR calculator work for salaried employees in India?expand_more
For salaried individuals, banks calculate FOIR by dividing your total fixed monthly obligations (like existing EMIs and rent) by your Net Take-Home Salary (after PF, TDS, and PT deductions). A healthy FOIR for a salaried person is typically between 30% to 45%.
What is FOIR?expand_more
Fixed Obligation to Income Ratio (FOIR) is the percentage of your monthly income that goes toward paying fixed obligations like EMIs and rent. Banks use it to determine your loan eligibility.
What is a good FOIR score?expand_more
A FOIR between 30% to 40% is considered healthy. If your FOIR exceeds 50%, banks are highly likely to reject new loan applications as you are considered highly leveraged.
How can I improve my FOIR?expand_more
You can improve your FOIR by prepaying existing small loans, consolidating high-interest debt, or increasing your declared monthly income.
FOIR calculator for salaried — ₹50,000 salary mein kitna loan milega?expand_more
₹50,000 net salary par, FOIR 50% assume karte hain (₹25,000 max EMI). Agar koi existing EMI nahi hai, toh aap ₹25,000/month EMI afford kar sakte hain. At 8.5% for 20 years, ye approximately ₹28 Lakh home loan ya ₹13.5 Lakh personal loan (at 13%, 5 years) ke barabar hai.
Kya FOIR high hone par loan reject ho sakta hai?expand_more
Haan, yahi sabse common reason hai loan rejection ka. Agar aapka FOIR 55% se upar hai, toh SBI, HDFC, ICICI sab reject kar dete hain — chahe aapka CIBIL score 800 hi kyun na ho. Pehle existing EMIs ko close karein, phir apply karein.