About Us
HomeLoanFOIR.com is a platform designed to help you calculate your FOIR (Fixed Obligation to Income Ratio) and understand how much home loan you may be eligible for based on your salary and existing financial obligations.
Our Mission
About Us Hello, I’m Rakesh Prajapati, Founder of HomeLoanFOIR.com. With More than 10+ years of experience in the Home Loan & Mortgage Industry, I have worked closely with top Financial Institutions like Bajaj Housing Finance, Aavas Financiers, and Aditya Birla Housing Finance. During this journey, I have analyzed thousands of customer profiles, builder projects, and loan cases across the Mumbai region. I started my career in 2018 and gradually gained deep practical knowledge in areas like FOIR Calculation, Loan Eligibility, Builder Funding, and Customer Financial Analysis. One key insight I discovered is that most loan rejections happen due to a lack of understanding of FOIR (Fixed Obligation to Income Ratio). That’s why I created this platform — to simplify complex loan concepts and help people instantly understand their Home Loan Eligibility in a clear and practical way. This calculator is built on real industry experience, not just theory — so you can make smarter, faster, and more confident financial decisions.
My Goal
My goal is simple — to make the loan process transparent and easy for everyone. Most people get confused by complicated bank terms and eligibility conditions. This tool helps you clearly see how banks evaluate your salary, EMIs, and monthly expenses before approving your loan. By understanding your FOIR, you can make smarter, more confident financial decisions for your future.
✅ Financial Decisions With Us
This isn't just a tool—we have a mission. We understand that finances like home loans can be a bit complicated. Our tool gives you accurate, simple, and honest information so you can understand how banks view your salary and expenses—and make informed decisions without any confusion.
✅ Financial Awareness
Our biggest goal is to help everyone fulfill their dream of owning a home. With the FOIR Calculator, we want to ensure that no one gives up on their dream just because they don't understand loan eligibility. We want everyone to understand basic financial concepts like FOIR, EMI, and CIBIL Score so that they can take every financial step wisely in the future.
✅ Understand Your True Loan Eligibility
Many people make incorrect assumptions and apply for loans, only to face rejection. Our goal is to ensure that every user knows in advance how their profile appears to the bank, thereby simplifying the process of loan approval.
Why Choose Our Calculator?
Accurate Calculations
Precise FOIR ratio calculation based on current banking standards
Visual Breakdown
Clear charts showing principal vs interest distribution
Smart Suggestions
Personalized recommendations based on your financial profile
Our Commitment
We believe that financial education should be accessible to everyone. Our tools are completely free to use, with no hidden costs or registration requirements. We're committed to helping you make the best financial decisions for your future.