Bank FOIR (Fixed Obligation to Income Ratio) Maximum Loan Eligibility Calculator

Calculate bank FOIR % and maximum eligible loan principal from net monthly income and existing EMIs.

Maximum Eligible New Loan Amount
2,047,092.39 USD
Available Monthly EMI Capacity 44,000 USD/mo
Current Pre-Loan FOIR Ratio 18.33 %
Max Total Monthly Obligation Allowed 66,000 USD/mo
Inputs
⚡ Scenarios:
Amounts are treated in the selected currency; no foreign-exchange conversion is applied.
currency/mo
Verified net monthly salary or business income.
currency/mo
Sum of all ongoing loan EMIs and credit card minimum obligations.
%
Lender maximum FOIR policy threshold (typically 50% to 65%).
% p.a.
Annual interest rate of the new loan.
months
Proposed loan tenure in months.
Results & Graph
Maximum Eligible New Loan Amount
2,047,092.39 USD
Available Monthly EMI Capacity
44,000 USD/mo
Current Pre-Loan FOIR Ratio
18.33 %
Max Total Monthly Obligation Allowed
66,000 USD/mo

Maximum Eligible New Loan Amount

Graph 1 • FOIR Loan Eligibility • Domain Architecture & Live Telemetry Maps Net Monthly Take Home Income, Existing Monthly Emis And Rent, Lender Max Foir Cap Pct through FOIR Loan Eligibility Formula.
LOANS & CREDIT Maximum Eligible New Loan 2,047,092.39 USD Available Monthly EMI Capa 44,000 USD/mo FOIR Loan Eligibility • Component Waterfall Maximum Eligible New Loan Amou 2,047,092.39 USD Available Monthly EMI Capacity 44,000 USD/mo Current Pre-Loan FOIR Ratio 18.33 % Max Total Monthly Obligation A 66,000 USD/mo
Graph 2 • Maximum Eligible New Loan Amount Across Net Monthly Take Home Income Sweep (40% → 160%) Evaluates MaxAllowedTotalEmi = NetMonthlyIncome × MaxFOIR%; AvailableNewEmi = Ma across 7 operating points (current input highlighted).
0 USD 2.14M USD 4.28M USD 204.7k 48.0k 818.8k 72.0k 1.43M 96.0k 2.05M 120.0k 2.66M 144.0k 3.28M 168.0k 3.89M 192.0k
Graph 3 • Joint Sensitivity: Net Monthly Take Home Income × Existing Monthly Emis And Rent Compares Maximum Eligible New Loan Amount when Existing Monthly Emis And Rent is shifted +25% (solid) vs. −25% (dashed).
0 USD 1.77M USD 3.55M USD --- Existing Monthly Emis And Rent @ 75% 870.0k -30% 1.33M -15% 1.79M +0% 2.25M +15% 2.71M +30%
Summary: At a 55% FOIR limit (USD 66,000.00/mo max obligations minus USD 22,000.00 existing EMIs), your available EMI capacity is USD 44,000.00/mo, qualifying for up to USD 2,047,092.00.
Summary: At a 55% FOIR limit (USD 66,000.00/mo max obligations minus USD 22,000.00 existing EMIs), your available EMI capacity is USD 44,000.00/mo, qualifying for up to USD 2,047,092.00.
⚡ Send result to: Income Tax & Paycheck →Compound Interest →Mortgage →
Interactive chart & math engine powered by CalculatorGraph

Formula & Mathematical Methodology: FOIR Loan Eligibility Formula

MaxAllowedTotalEmi = NetMonthlyIncome × MaxFOIR%
AvailableNewEmi = MaxAllowedTotalEmi − ExistingEmis
MaxAllowedTotalEmi = NetMonthlyIncome × MaxFOIR%; AvailableNewEmi = MaxAllowedTotalEmi − ExistingEmis
  • netMonthlyTakeHomeIncome: Net Monthly Take Home Income (currency/mo)
  • existingMonthlyEmisAndRent: Existing Monthly Emis And Rent (currency/mo)
  • lenderMaxFoirCapPct: Lender Max Foir Cap Pct (%)
  • proposedLoanInterestPct: Proposed Loan Interest Pct (% p.a.)
  • proposedLoanTenureMonths: Proposed Loan Tenure Months (months)

Rounding: Currency outputs round to 2 decimal places; effective rates and multiples display to 2 decimal places.

Worked Example: Benchmark Scenario: FOIR Loan Eligibility

Calculate bank FOIR % and maximum eligible loan principal from net monthly income and existing EMIs.

  1. Enter your financial, equity compensation, or tax parameters.
  2. Evaluate the governing equation: MaxAllowedTotalEmi = NetMonthlyIncome × MaxFOIR%; AvailableNewEmi = MaxAllowedTotalEmi − ExistingEmis.
  3. Review the primary result, supporting metrics, and 3 interactive SVG charts.
Result: Computes FOIR Loan Eligibility via MaxAllowedTotalEmi = NetMonthlyIncome × MaxFOIR%; AvailableNewEmi = MaxAllowedTotalEmi − ExistingEmis.

Frequently Asked Questions

How does the Bank FOIR (Fixed Obligation to Income Ratio) Maximum Loan Eligibility Calculator calculate results?

It evaluates MaxAllowedTotalEmi = NetMonthlyIncome × MaxFOIR%; AvailableNewEmi = MaxAllowedTotalEmi − ExistingEmis directly in your browser and updates three custom SVG visualizations in real time.

Can I use Goal Seek to solve backwards for a target amount?

Yes. Click "🎯 Goal Seek" in the results toolbar to solve backwards for any numeric input parameter.

Are my financial and compensation numbers kept private?

Yes. All calculations execute 100% locally in your browser with zero server transmission.

Finance & Investing · Loans & Credit

Bank FOIR (Fixed Obligation to Income Ratio) Maximum Loan Eligibility Calculator: inputs, method, and how to read the result

Calculate bank FOIR % and maximum eligible loan principal from net monthly income and existing EMIs.

Choose inputs for the case you are checking

The defaults are illustrative. Replace them with values for your case and keep the units shown beside each field.

  • Display Currency: Amounts are treated in the selected currency; no foreign-exchange conversion is applied.
  • Net Monthly Take Home Income: Verified net monthly salary or business income.
  • Existing Monthly Emis And Rent: Sum of all ongoing loan EMIs and credit card minimum obligations.
  • Lender Max Foir Cap Pct: Lender maximum FOIR policy threshold (typically 50% to 65%).

What the calculation includes

With the default values shown, Maximum Eligible New Loan Amount is 2,047,092.39 USD. The calculation follows FOIR Loan Eligibility Formula; the formula and variable definitions above show how the inputs combine.

One-input check: With the other defaults held constant, changing Net Monthly Take Home Income from 120,000 currency/mo to 132,000 currency/mo changes Maximum Eligible New Loan Amount from 2,047,092.39 USD to 2,354,156.25 USD. This is a comparison inside the calculator's stated model, not a prediction.

Where to use caution

  • Uses published statutory rules, standard compounding conventions, and marginal tax rates entered by the user.
  • For educational and financial planning analysis; consult a CPA or qualified advisor for personalized tax filings.

Scope: Global / US / India / UK / Canada / Australia Statutory Standards Check the assumptions and limitations against your situation before relying on the estimate.

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