Personal Loan Eligibility Calculator
Welcome to our Personal Loan Eligibility Calculator!
What do we do here, you ask?
Well, you enter a required loan amount as well as existing repayments. Sit back and let this calculator account for them and then give you a maximum loan amount that you are now eligible for. And since we are big on making things pleasing on the eye, say hello to the bar chart. The bar on the left (in orange) is the loan amount you require, while the one on the right (in green) is the maximum loan amount you are eligible for.
We have provided you with sliders for all the relevant parameters. Move these sliders around and see your eligibility amount change. In short, we give you complete freedom to experiment with your own eligibility. When the green bar on the right changes to red, it means that the loan amount you are eligible for is lesser than the loan amount you require.
How does this calculator help you, apart from giving you an idea of the loan amount that you could be eligible for? How about this - once the calculator has given you an idea of the loan amount you are actually eligible for, use own very own EMI calculator to find out what your EMI will now be. Now you have a pretty good idea of your finances, what your outlays will be in the future. You can now decide objectively whether you want to take on this financial commitment.
Note: All calculators and comparators are made based on certain assumptions which may not be true in your case. You should consult your personal financial advisor before taking any decision. Apnaloan disclaims any responsibility for any decision taken based on these calculators and comparators.