🏦 Loan Eligibility Calculator

Find out exactly how much a financial institution is likely to lend you.

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Enter your income details to see your borrowing limit.

What is FOIR?

Banks use FOIR to ensure you aren't "house poor." If you earn$100,000.00 and the bank uses a 50% FOIR, they limit your total debt payments (old loans + new loan) to $50,000.00. If you already pay$0.00 in EMIs, your eligibility decreases significantly.