Loan affordability calculator
See how large a loan you can comfortably take on, based on your income and existing EMIs.
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Loan amount you can afford
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At an affordable EMI of
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How this is calculated
Lenders generally cap your total monthly EMIs at around 40% of income. We subtract your existing EMIs from that limit, then work backward from the remaining EMI to the loan principal it can support.
Affordable EMI = (Income × 0.4) − Existing EMIs
Example: on ₹80,000 income with no existing EMI, at 8.5% for 20 years, you could afford roughly ₹36,80,000.
Tips before you borrow
- Leave room below your maximum eligibility for savings and emergencies.
- Clear high-interest debt (credit cards) before taking on a new loan.
- A longer tenure increases what you can borrow but also total interest paid.
- Factor in a rate buffer — rates can rise over a long tenure.
Frequently asked questions
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Related tools
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