RapidCheck

Loan Affordability Calculator

Work out the loan and EMI you can comfortably afford.

Last updated: 20 Aug 2026

Quick answer

Loan affordability is the loan your income supports after existing EMIs, keeping total EMIs within about 50% of net income (FOIR). Enter your income, EMIs, rate and tenure above to see the affordable loan and EMI.

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Find out how much loan you can comfortably afford using the FOIR rule — keeping total EMIs within about half your net income.

How to work out loan affordability

  1. 1 Enter your net monthly income and existing EMIs.
  2. 2 Add the expected rate and tenure.
  3. 3 We show the affordable EMI and loan amount.

Frequently asked questions

How much loan can I afford?
Keep total EMIs within ~40–50% of net income; the affordable EMI converts into a loan amount at your rate and tenure.
Should I borrow the maximum?
Not necessarily — leave room for savings and emergencies rather than stretching to the cap.
What is FOIR?
Fixed Obligation to Income Ratio — the share of income lenders allow toward all EMIs.

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