Estimate loan eligibility based on income, obligations and lender rules.
Monthly EMI
₹23,000.00
Principal
₹10,82,503
78.4%
Interest
₹2,97,497
21.6%
Total Payment
₹13,80,000
Total
₹13,80,000
78.4%
21.6%
Estimated Eligible Loan
₹10,82,503
Available for EMI
₹28,000
Income Rule
Salaried multiplier: 5x
Income-based eligible: ₹30,00,000
Eligibility by EMI
₹10,82,503
Total cap (incl existing): 50%
| Year | Principal | Interest | Total Payment | Balance |
|---|---|---|---|---|
| Year 1 | ₹1,75,656 | ₹1,00,344 | ₹2,76,000 | ₹9,06,848 |
| Year 2 | ₹1,94,049 | ₹81,951 | ₹2,76,000 | ₹7,12,798 |
| Year 3 | ₹2,14,369 | ₹61,631 | ₹2,76,000 | ₹4,98,430 |
| Year 4 | ₹2,36,816 | ₹39,184 | ₹2,76,000 | ₹2,61,614 |
| Year 5 | ₹2,61,614 | ₹14,386 | ₹2,76,000 | ₹0 |
| Total | ₹10,82,503 | ₹2,97,497 | ₹13,80,000 | - |
Estimate how much loan a lender might approve based on your income, obligations and simple lender rules.
This tool gives a conservative eligibility estimate using two common rules: an income-multiple rule (annual income × multiplier) and an EMI-cap rule (percentage of monthly income). The final eligible amount is the lower of the two.
Get an idea of approval limits before you approach lenders.
Adjust tenure, rate and obligations to see how eligibility changes.
No — lenders use additional checks (credit score, documents). Use this for planning.
Lenders combine affordability (EMI cap) and income multiple checks; using both gives a conservative estimate.
Increase income, reduce expenses/EMIs, add co-applicant, or offer higher down payment.