What is FOIR and how does it affect my loan eligibility?

Fixed Obligation to Income Ratio (FOIR) is the percentage of your net monthly income that can go towards all EMI payments combined. Most Indian banks cap this at 40—55%. If your existing EMIs already consume 30% of income, only the remaining 20—25% is available for a new home loan EMI.

Why does my downpayment limit my affordability even when my income is high?

Banks fund only a maximum of 80% of the property value (LTV). Your downpayment must cover the remaining 20% plus registration and stamp duty costs (5—7%). So even with a high income, a small downpayment creates a hard ceiling on your maximum loan.

How can I increase my maximum property affordability?

The three levers are: (1) Clear existing EMIs to free up FOIR headroom, (2) Save for a larger downpayment to raise the LTV ceiling, (3) Add a co-applicant to combine incomes and increase bank eligibility.

Property Affordability

Calculate your maximum home loan eligibility and property budget based on your income, existing EMIs, and available downpayment using the FOIR and LTV rules.

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Quick Summary: Property Affordability

Your property budget in FY 2026-27 is capped by two factors: your cash for down payment (20-25% of property value) and your monthly EMI capacity (typically 40-55% of net income). This calculator combines both to find the exact 'Sweet Spot' for your home search, ensuring you don't over-leverage your future cash flow.

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Regulatory Disclaimer

Last verified May 2026

Statutory Disclosure

Nature:Calculator platform and is NOT a SEBI-registered Investment Adviser. All calculations are indicative.

Risk:"Investments in securities market are subject to market risks. Read all related documents carefully before investing."

Consult a SEBI-registered IA or CA for personalised advice.

9 out of 10 traders in F&O incurred net losses (SEBI 2023). Tax estimates based on IT Act 2025. Trezoriq is not liable for financial decisions based on results.