What is FOIR in loan affordability?

FOIR stands for Fixed Obligation to Income Ratio. Indian banks (SBI, HDFC, ICICI) typically cap total monthly EMI commitments between 40% and 50% of your net monthly in-hand salary.

How much home loan can I get on a ₹1 Lakh salary?

With a ₹1,00,000 net monthly salary and no existing EMIs, at an 8.5% interest rate for 20 years with a 50% FOIR cap, you can afford an EMI of up to ₹50,000, which translates to a maximum home loan of approximately ₹57.6 Lakhs.

Bank FOIR Affordability Model

EMI & Loan Affordability Checker

Find out exactly how much home loan or personal loan you qualify for based on Indian bank FOIR guidelines, your take-home pay, and current liabilities.

Income & Borrowing Parameters

Net Monthly In-Hand Salary

₹

Existing Monthly EMIs / Liabilities

₹

Bank FOIR Cap (%)50%

Standard banks cap FOIR between 40% and 50% to prevent default risk.

Interest Rate (% p.a.)

Tenure (Years)

Maximum Eligible Loan Amount

₹51,85,388

Based on a maximum affordable monthly EMI of ₹45,000.

Max Property Budget₹64.82 LAssumes 80% LTV

Min Down Payment (20%)₹12.96 LUpfront self-funding

Monthly Salary Allocation

In-Hand Salary₹1,20,000

New Loan EMI

₹45,00038%

Existing EMIs

₹15,00013%

Living & Savings Surplus

₹60,00050%

Total Loan Repayment:₹1,08,00,000

Total Interest Payable:₹56,14,612

Free Discretionary Cash Flow:₹60,000 / mo

Standard Calculator

Loan EMI Calculator →

Calculate EMI and view month-by-month principal amortization schedule.

Strategic Comparison

Prepay Home Loan vs SIP →

Discover whether prepaying an 8.5% loan beats investing in a 12% equity SIP.

Fitness Check

Financial Health Score →

Test your complete debt, savings, and emergency resilience score.

Banking Disclaimer: Final loan eligibility depends on your credit score (CIBIL), employer category, age, property valuation, and individual bank underwriting criteria. This calculator provides an indicative estimate based on standard Indian FOIR norms.