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Loan Affordability Calculator

Find the maximum loan you can afford based on your income.

How this is calculated
Max EMI = Income × ratio − obligations; Max loan = inverse EMI formula

Assumptions used in this calculation

  • Income basis: Monthly income is treated as the income available for EMI budgeting, enter your net take-home pay if you want a more conservative affordability estimate.
  • EMI formula: The maximum loan amount is derived using the standard reducing-balance EMI formula at the interest rate and tenure you enter, the same method used by the EMI calculator.

About this calculator

The loan affordability calculator estimates the maximum EMI you can take on (based on your income, existing obligations and a target EMI-to-income ratio) and the corresponding maximum loan amount at a given rate and tenure.

Worked example

₹80,000 income, no existing EMIs, 40% ratio, 9% rate, 20-year tenure

Result: Maximum loan ≈ ₹35,58,000

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