HisabCalc › Banking & money

Loan Eligibility Calculator

Estimate the largest loan a bank may approve from your monthly income and the share of it the bank allows for a monthly instalment.

Enter your numbers

Net monthly income (Tk)

Example: 50000

Debt-to-income limit (%)

Example: 40

Annual interest rate (%)

Example: 10

Repayment tenure (months)

Example: 60

Result

Currency

Figures are computed on your device; nothing is sent anywhere.

Formula

maxEmi = income x dti / 100; r = annualRate / 1200; maxLoan = maxEmi x (1 - (1 + r)^-n) / r

How the calculation works

Enter your net monthly income, the share of income the bank allows for the instalment, the annual interest rate and the repayment months.

The tool multiplies income by the allowed share to find the maximum monthly instalment, following the debt-to-income practice banks use.

It then discounts that instalment over the months at the monthly rate to give the largest affordable loan principal.

Common mistakes

Ignoring existing loan instalments, because banks subtract them from income first and approve far less than this figure.
Assuming a high debt-to-income share, since banks often cap total instalments near 40 percent and reject anything that strains repayment.

When to use it

Use it before applying for a home, car or personal loan to know roughly how much a bank will lend you.
Use it to see how a longer tenure lowers the instalment and raises the loan you can afford on the same income.

Worked example

With a monthly income of Tk 50,000 and a debt-to-income limit of 40 percent, the maximum EMI is Tk 20,000. At 10 percent annual interest over 60 months that EMI supports a loan of about Tk 9,41,260.

Max monthly payment ৳20,000.00

Maximum loan 941,307.38

Months 60

Common questions

How much of my income can go to a loan instalment?

Many banks allow total instalments near 40 percent of net monthly income, and they count any existing loan instalments inside that limit.

Last updated: 2026-10-03