How this works
This works backwards from the standard EMI formula: it estimates the maximum EMI a lender is likely to sanction using a common 50% FOIR (Fixed Obligation to Income Ratio) rule — half your monthly income minus any EMIs you're already paying — then converts that maximum EMI into a loan amount at your entered rate and tenure.
Common questions
Why 50%? Some banks use different limits.
50% FOIR is a common industry rule of thumb, not a universal standard — some lenders are stricter (40%) and others more generous depending on your income level and credit profile, so treat this as an estimate to plan around, not a guaranteed sanction amount.
Does this check my credit score?
No — it only estimates eligibility purely from income, existing EMIs, rate and tenure. Your actual credit score, employment type and the specific lender's policy all affect the real sanctioned amount too.