Find how much loan you can afford based on your income and budget.
Monthly EMI
₹18,000.00
Principal
₹8,57,067
79.4%
Interest
₹2,22,933
20.6%
Total Payment
₹10,80,000
Total
₹10,80,000
79.4%
20.6%
Suggested EMI
₹18,000
Available for EMI
₹28,000
% of Income Cap
Cap (total EMIs): 40%
New EMI cap: ₹18,000
Estimated Loan
₹8,57,067
DTI after new EMI: 40.0%
| Year | Principal | Interest | Total Payment | Balance |
|---|---|---|---|---|
| Year 1 | ₹1,40,596 | ₹75,404 | ₹2,16,000 | ₹7,16,471 |
| Year 2 | ₹1,54,550 | ₹61,450 | ₹2,16,000 | ₹5,61,921 |
| Year 3 | ₹1,69,888 | ₹46,112 | ₹2,16,000 | ₹3,92,033 |
| Year 4 | ₹1,86,749 | ₹29,251 | ₹2,16,000 | ₹2,05,284 |
| Year 5 | ₹2,05,284 | ₹10,716 | ₹2,16,000 | ₹0 |
| Total | ₹8,57,067 | ₹2,22,933 | ₹10,80,000 | - |
Estimate the maximum loan amount you can comfortably afford based on your income, monthly expenses, and existing obligations.
Enter your monthly income, expenses and current EMIs. The calculator suggests a safe EMI and converts it into the maximum loan you can afford for the chosen tenure and interest rate.
Keep a 3–6 month emergency fund before committing to a high EMI.
Lenders often look at Debt-to-Income ratio; keep total EMIs under 40–50% of income for comfort.
Loan affordability is the maximum loan amount you can comfortably repay each month without straining your budget.
Increase down payment, reduce other expenses/EMIs, or opt for a longer tenure (but longer tenure increases total interest).
No — lenders use additional checks like credit score; treat this as a planning tool.