How much loan can I get?

Lenders combine two checks: FOIR (Fixed Obligation to Income Ratio), which caps your total EMIs — existing plus new — at roughly 40–50% of net monthly income, and an income multiplier, which caps the loan amount as a multiple of your monthly salary (higher for secured loans like home loans, lower for unsecured personal loans). Banks approve whichever of the two gives the smaller amount.

Home loans are secured by the property itself, so lenders extend a much higher income multiplier (roughly 48–60x monthly salary) and often a higher FOIR cap. Personal loans are unsecured, so lenders cap them far more conservatively — typically 12–24x monthly salary — since there's no collateral to recover against.

Yes, directly. FOIR is calculated on your total obligations, so every rupee of existing EMI (car loan, personal loan, credit card minimum due) shrinks the room left for a new loan's EMI, and therefore shrinks the loan amount a lender will approve.

Often yes. Lenders typically apply a tighter FOIR cap (around 45%) to self-employed applicants versus salaried applicants (around 50%), reflecting less predictable income — even at the same net monthly income, a self-employed applicant's eligible EMI room is usually somewhat smaller.

No — this gives a planning estimate using the same FOIR-and-multiplier logic banks publish, but the exact numbers (FOIR cap, multiplier, and the interest rate you'll actually be offered) vary by lender, your credit score, employer category, and city. Treat this as a starting point before you apply, not a guaranteed sanction amount.