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Home Loan Eligibility Calculator

How much home loan can you get on your income?

₹10,000₹10,00,000
₹0₹3,00,000
6%24%
1 yr30 yr

Eligible home loan

₹43.21 L

Eligible loan amount₹43,21,156
EMI at this amount₹37,500
FOIR assumed50% of income
EMI capacity used50%
Income remaining50%

Assumes lenders allow ~50% of net income towards EMIs. Actual home loan eligibility also depends on credit score, employer category and the property's value (LTV cap).

How home loan eligibility is decided

Lenders cap all your EMIs at roughly half your net monthly income (FOIR). This calculator reverses that rule for a home loan: from your free EMI capacity at 8.5% for 20 years, it derives the largest principal a lender can comfortably sanction. A co-applicant's income, fewer running EMIs and a longer tenure all raise the number.

Frequently asked questions

Why do different banks quote different home loan amounts?

Each lender uses its own FOIR band, minimum income norms and interest rate — and rates directly change what a given EMI can support. Treat this estimate as a realistic planning range and let us match you to the lender whose policy favours your profile.

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