Loan Affordability Calculator
Understand what you can borrow comfortably before you apply, with a practical affordability estimate based on your real monthly income, essential expenses, and repayment comfort level.
How to use it
Enter your monthly net income and optional co-applicant income to estimate your total household earning capacity.
Add essential monthly expenses and existing credit commitments to calculate realistic disposable income.
Set loan interest rate and tenure, then choose a repayment comfort cap to control how much of disposable income should go toward EMI.
Optionally add a target loan amount to instantly check whether that loan fits your comfort-based monthly budget.
Use the result cards to review disposable income, suggested max EMI, estimated affordable loan, and affordability verdict.
Practical example
Input: Income 80000, Co-applicant Income 20000, Expenses 25000, Credit Commitments 5000, Rate 9%, Tenure 240 months, Comfort Cap 60%
Output: Net income, disposable income, suggested max EMI, estimated affordable loan, target-loan EMI, and affordability verdict.
Frequently asked questions
Is this affordability result guaranteed by lenders? No. Actual approval depends on credit profile, policy, and lender checks.
What is a repayment comfort cap? It is the share of disposable income you are willing to allocate to EMI, helping you avoid over-borrowing.
Can I compare scenarios quickly? Yes. Change income, commitments, comfort cap, rate, and tenure to test multiple borrowing strategies in seconds.
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