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Debt-to-Income Ratio Calculator: India

Work out your debt-to-income ratio and see it against the rules lenders actually use where you live, from the US 28/36 to Ireland's loan-to-income cap.

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India: FOIR, and it is measured on take-home pay

Indian lenders assess the fixed obligation to income ratio, FOIR: every fixed monthly obligation, the proposed EMI, existing EMIs, card minimums, as a share of net monthly income. The name matters, because it is what a bank will say to you, and the basis matters more: FOIR is a take-home-pay ratio, so entering a gross salary makes it look roughly a third healthier than the bank will find it.

Most lenders cap FOIR somewhere between 40% and 55%, with the higher end reserved for larger incomes on the same logic the Dutch use: a household on a high salary can commit a bigger share of it before the essentials are at risk. This calculator uses 50% as the middle of that range.

The ceiling is set by each lender, not by the regulator. The Reserve Bank of India's housing-finance rules cap the loan-to-value ratio, how much may be advanced against the property, but publish no numeric income ratio, so FOIR is a market convention and is labelled as such here. Two banks can quite properly give you two different answers on identical figures.

That also means the deposit and the FOIR bind separately. Clearing a personal loan improves FOIR immediately, because the EMI leaves the numerator, but does nothing for the loan-to-value limit.

For how the calculation works, the formula behind it and what it leaves out, see the full guide. For help interpreting a result or comparing it with a quote or statement, read the questions and answers.

Data sources

Indian FOIR lending conventionsReserve Bank of IndiaWithin its effective period

Every document each dataset was read from, its notes and how the figures were checked are listed in the guide's data sources.

This calculator in other countries

Each country has its own rates, thresholds and rules, and its own page that runs the calculator on them and cites the official sources they came from.

CentExactCalculator publisher

CentExact publishes the calculation method, worked examples and available data sources. Automated checks cover reference calculations; they do not certify a result for your circumstances or imply approval by a lender or tax authority.

How we build and test our calculators

This calculator is for general information only and is not financial advice. Results are estimates based on the figures you enter and the stated formula; lenders and providers may round or calculate differently. Check any decision with the institution involved or a qualified adviser.