FOIR Calculator

See how much of your income goes on EMIs, how that compares with what banks typically allow, and how much room is left for a new loan.

Your numbers
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₹
Rent, interest etc. We count 50%, as lenders commonly do.
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₹
We count 5% of this as a monthly obligation.
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Your FOIR
40%
See result

What is FOIR?

FOIR stands for Fixed Obligation to Income Ratio. It's the share of your monthly income that goes on fixed repayments, mainly EMIs. Lenders use it to judge whether you can comfortably afford another loan.

FOIR = (existing obligations + new EMI) ÷ monthly income × 100

A quick example

Suppose your salary is ₹60,000. You pay an ₹8,000 EMI and have ₹20,000 of credit card dues, which lenders commonly count at 5%, or ₹1,000 a month. You want a new loan with a ₹15,000 EMI.

Your obligations would total ₹24,000, so your FOIR is ₹24,000 ÷ ₹60,000 = 40%. The norm used at this income for a personal loan is 50%, or ₹30,000 a month. After your existing ₹9,000 in obligations, you have room for a new EMI of up to ₹21,000.

What FOIR do lenders allow?

The limit generally rises with income, because a higher earner has more left over after living costs. These are the norms used on this page and in our eligibility calculator.

Monthly incomePersonalCar / BusinessLAP
Below ₹30,00040%45%50%
₹30,000 to ₹74,99950%55%60%
₹75,000 to ₹1,49,99960%65%70%
₹1.5 lakh and above65%70%75%

These are common benchmarks, not fixed rules. Some NBFCs may go up to 80%, usually at a higher rate, and each lender can define income and obligations differently.

Want to know more? Read the full guide, What is FOIR and how to reduce it.

Frequently asked questions

What is a good FOIR for a loan?

Lower is better. Staying within the norm for your income, typically 40% to 65% for a personal loan, gives you the best chance with banks. A FOIR well below that norm leaves more room for a new EMI and for unexpected costs.

Does FOIR include the new loan's EMI?

It can be calculated both ways. Lenders usually look at your obligations including the new EMI to see if the loan fits. Leave the new EMI blank here to see your current FOIR on its own.

Are credit card dues part of FOIR?

Often, yes. A common approach is to count 5% of your outstanding card balance as a monthly obligation. This page uses that figure, so ₹40,000 of dues adds ₹2,000 a month.

Should I use gross or net salary?

This page uses in-hand salary, which is what the eligibility calculator also uses. Some lenders calculate differently, including using gross income, so their figure may not match exactly.

What is the difference between FOIR and DTI?

They measure much the same thing. FOIR is the term more commonly used by Indian lenders, while debt-to-income, or DTI, is more common internationally. The exact definition of income and debts can vary.

How can I reduce my FOIR?

Close small loans, pay off card dues, extend the tenure of an existing loan, or add an earning co-applicant whose income a lender can count. See our guide on increasing your loan eligibility.