Financial tool
Loan Eligibility Calculator
Find out before you apply
Estimate how much a lender would be willing to lend you, given your income and existing EMIs.
Loan Eligibility Calculator
wealthandcovers.com · +91 99900 03062 · 16 Oct 2026
Your numbers
Move a slider — the result updates as you go.
FOIR — the share of your income a lender will let all EMIs consume. Most sit between 45% and 55%.
Indicative eligible loan
₹56.58 L
₹56,57,960
EMI you can service
₹50,000
Current obligation ratio
0.00%
Existing EMI outgo
₹0
On a net monthly income of ₹1,00,000 with ₹0 of existing EMIs, a lender working to a 50% obligation ratio would typically allow an EMI of about ₹50,000 — roughly a ₹56.58 L loan over 20 years at 8.75%.
- Lenders also weigh credit score, employment stability, age and the asset being financed.
EMI shown is indicative. The rate, tenure and eligibility finally offered are decided by the lender based on its credit policy and your profile.
The number is the easy half
What to buy, in what order, and what to leave alone — that is the conversation worth having.