What is the maximum EMI you can comfortably afford?

The amount that can be allocated towards Equated Monthly Instalments (EMIs) depends on an individual's income, existing financial commitments, and monthly expenses. Financial planning generally recommends that loan repayments remain within a manageable portion of monthly income so that essential expenses, savings, and emergency funds are not affected. Evaluating repayment capacity before borrowing helps reduce financial stress and lowers the risk of loan defaults.