Find out the maximum home or personal loan amount you qualify for — based on income, obligations, and banker's FOIR norm.
Results are indicative. Consult a financial advisor before making decisions.
Max EMI = 50% × income − existing EMIs → P = EMI × [(1+R)^N−1] / [R×(1+R)^N]FOIR (Fixed Obligation to Income Ratio) of 50% is the standard banker norm. Better CIBIL score (750+) can push this to 55–60%, increasing eligibility.