Home Loan Eligibility Calculator: How Much Can I Borrow?
Estimate the maximum home loan you can get from your monthly income, existing EMIs, interest rate and tenure.
Year-by-year table
How banks decide your loan amount
Lenders look at your FOIR (fixed obligations to income ratio): the share of your take-home pay that may go to all EMIs together. Most banks allow 40–60%, higher for bigger incomes. Your existing EMIs are subtracted first, and whatever is left is the largest new EMI you can carry. That EMI, at the bank’s rate and tenure, decides the loan.
Ways to raise your eligibility
- Add a co-applicant with income, such as a spouse or parent.
- Choose a longer tenure, within your retirement age.
- Close small loans or credit-card dues before applying.
- Keep a credit score above 750 for better rates.
Banks also lend only 75–90% of the property value, so plan a down payment of at least 10–25% plus stamp duty and registration.
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This is an estimate for planning only, not financial, tax or medical advice.