Banks use FOIR maths to size your loan. See your realistic maximum for personal, business or home loans — before any lender runs a check.
We assume standard FOIR (50–55%) and indicative rates. Actual lender policies vary — that variance is exactly what we exploit for you.
Fixed Obligation to Income Ratio — the share of your monthly income already committed to EMIs. If you earn ₹80,000 and pay ₹15,000 in EMIs, your FOIR is 19%. Lenders cap total FOIR around 50–55%, leaving the balance as your new-loan EMI room.
Through FOIR — Fixed Obligation to Income Ratio. Most lenders allow all your EMIs together to use 50–55% of net monthly income. Your free EMI room is converted into a loan amount using the product's rate and maximum tenure — exactly what this calculator does.
Yes. Every running EMI eats into your FOIR room, and lenders typically count ~5% of your credit-card outstanding as a monthly obligation. Closing a small EMI or card balance before applying can raise your eligible amount by lakhs.
Four proven ways: add an earning co-applicant, choose a longer tenure, close small EMIs before applying, and apply through the lender whose FOIR policy suits your profile — which is what WowCred's matching does automatically.
No calculator can guarantee sanction — final approval depends on credit score, documents and the lender's policy. This tool mirrors standard FOIR maths to give a realistic band; our experts then confirm the real number with actual lenders at no cost.
Turn the estimate into sanction letters. One form, 40+ lenders, offers in about 30 minutes.