Loan Eligibility Calculator Nepal
Estimate how much you may be able to borrow and comfortably repay based on your income, expenses, existing EMIs and loan terms.
Income & Employment
Use your average monthly income after regular deductions where possible.
Existing Obligations
Existing debt directly reduces the new EMI you can comfortably handle.
Loan Details
Your Estimated Eligibility
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Enter your income and loan details, then click Calculate Eligibility.
Your Estimated Eligibility
Estimated Affordable Loan
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Comfortable: —
Monthly Affordability Breakdown
How Loan Eligibility Is Calculated
Start with total monthly income, then set aside a repayment-capacity share (around half for salaried borrowers). Subtract existing EMIs and debt payments to get your affordable new EMI. That EMI is converted into a loan principal with the standard amortisation formula for your interest rate and tenure — longer tenures and lower rates support larger loans from the same EMI.
Loan Eligibility in Nepal
Banks and financial institutions in Nepal typically weigh your income and employment stability, existing loans and repayment history, credit record, collateral value, loan purpose, age and overall repayment capacity — each institution applies its own policies, so two lenders may offer different amounts for the same profile.
Frequently Asked Questions
How much loan can I get in Nepal based on my salary?
As a rough guide, lenders often allow total monthly EMIs up to about 40–50% of your verified monthly income, minus existing EMIs and debts. A longer tenure or lower interest rate increases the loan amount the same EMI can support. Enter your salary above for a personalised planning estimate.
How is loan eligibility calculated?
Eligibility = (Total monthly income × repayment-capacity ratio − existing EMI − other debt) converted into a loan principal using the amortisation formula for your rate and tenure. This calculator uses 50% for salaried and 45% for self-employed/business applicants as planning assumptions.
How much EMI can I afford with my salary?
A common comfort rule is keeping total EMIs within about half your monthly income, after living expenses. The affordability breakdown above shows your income minus living costs and current debt to reveal what is left for a new EMI.
Does an existing EMI reduce my loan eligibility?
Yes, directly. Every rupee of existing EMI or debt payment reduces the new EMI you can afford by the same amount, which lowers the supported loan principal. Clearing or reducing current debt is the fastest way to raise eligibility.
Does loan tenure affect eligibility?
Yes. A longer tenure spreads repayment over more months, so the same EMI supports a larger loan. Try 10 vs 20 years above to see the difference. Longer tenures also mean much more total interest paid.
Does a higher down payment improve loan affordability?
Yes. A down payment reduces the amount you need to finance, which lowers the required EMI for your desired purchase — making approval easier and cutting total interest, even though it does not change your maximum eligible principal.
Is this calculator an official bank loan eligibility calculator?
No. It is a planning estimate only — not a loan approval. Actual eligibility depends on the lender’s policies, income verification, employment, credit history, collateral, age, existing obligations and other factors.