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Loan Eligibility Calculator

Loan Eligibility Calculator

Check your maximum loan eligibility

1,5002,00,00,000
50050,00,000
020,00,000

All existing loan EMIs (home, car, personal, etc.)

2.1650
309,000

Very Good

0.1300
0.6200

Loan Eligibility Results

Max Loan Amount:0.0L
Available EMI:0
Eligibility Score:0/100

FOIR:0%
Status:good

Eligibility Analysis

Income Factor (30%)
30/30
FOIR Factor (25%)
25/25
Credit Score (25%)
23/25
Age Factor (10%)
10/10
Employment (10%)
10/10

FOIR Analysis

Monthly Income:100,000
Monthly Expenses:30,000
Existing EMIs:0
Total Obligations:30,000
FOIR Ratio:0%

Loan Capacity by Type

Home Loan:
0.0L@ 8.5%
Car Loan:
0.0L@ 9.5%
Personal Loan:
0.0L@ 12%
Education Loan:
0.0L@ 10%

Recommendations

    Key Eligibility Factors

    Income

    100K

    Monthly income

    FOIR

    0%

    Fixed obligations ratio

    Credit Score

    750

    CIBIL score

    Tenure

    20Y

    Maximum tenure

    Tips to Improve Loan Eligibility

    Increase Income:

    • • Add co-applicant with stable income
    • • Include rental income or investments
    • • Show consistent salary increments
    • • Provide Form 16 and ITR for 2-3 years

    Improve Credit Score:

    • • Pay all EMIs and credit card bills on time
    • • Keep credit utilization below 30%
    • • Don't close old credit cards
    • • Check and correct credit report errors

    Reduce Obligations:

    • • Prepay high-interest loans
    • • Close unnecessary credit cards
    • • Avoid taking new loans before application
    • • Reduce monthly expenses and commitments