Free Calculator

Loan Affordability Calculator for Couples

Better than an EMI calculator — uses your combined income, real monthly expenses, and existing obligations to tell you the actual maximum loan you can afford.

Your Details

Monthly Income

Combined Monthly Income₹1.40 L

Monthly Obligations

Loan Details

8.5% p.a.
6%18%
20 years
1 yr30 yr

Maximum Loan You Can Afford

₹64.53 L

EMI: ₹56,000 / month

Monthly EMI

₹56,000

Total Interest

₹69.87 L

Disposable Income

₹1.00 L

after expenses

FOIR

40%

ideal: under 40–50%

Income Breakdown

Expenses29% · ₹40,000
Existing EMIs0% · ₹0
New EMI40% · ₹56,000
Remaining31% · ₹44,000

✓ Good FOIR — most lenders will approve

Your combined income comfortably supports this loan. Applying as co-borrowers can further improve your interest rate.

How This Calculator Works

1

Combined income

We add both partners' take-home income. Applying as co-borrowers is one of the fastest ways to qualify for a larger loan.

2

Real expenses first

Unlike basic EMI calculators, we subtract your actual monthly obligations before calculating what you can afford.

3

FOIR check

Indian banks use Fixed Obligation to Income Ratio (FOIR). We cap your new EMI so your total FOIR stays under 40% — the safe zone.

4

Max loan

We back-calculate the largest loan whose EMI stays within your affordability limit at your chosen rate and tenure.

Already have a home loan?

See how a prepayment changes your schedule — reduce tenure or lower your EMI.

Prepayment Calculator →

Ready to manage money together?

Open a shared Coupl account for your joint expenses — matching cards, shared tracking, zero balance.

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