Loan Calculators
Home Loan Eligibility Calculator
Estimate the maximum home loan you're likely to qualify for, based on your income, existing obligations, and the loan terms.
Your income details
Maximum Loan Amount
₹0Over a 20-year tenure
Approx. Monthly EMI
₹0Max Affordable EMI
₹0Your monthly EMI budget
How your affordable EMI capacity splits between existing obligations and this new loan
How home loan eligibility is calculated
Lenders assess home loan eligibility primarily through your ability to repay — commonly measured using a Fixed Obligation to Income Ratio (FOIR), which caps your total monthly EMIs (existing plus the new loan) at a percentage of your net monthly income, typically around 50%.
How this calculator works
It first works out your maximum affordable EMI by applying a 50% FOIR to your salary and subtracting your existing EMIs. It then converts that affordable EMI into a maximum loan amount using the standard EMI formula, based on your chosen interest rate and tenure.
What else lenders consider
Actual eligibility also depends on your credit score, employment stability, age, existing assets, the property's value, and the specific lender's policies — this calculator gives a directional estimate based on income alone, not a guaranteed sanction amount.
Frequently asked questions
FOIR (Fixed Obligation to Income Ratio) is the percentage of your monthly income that lenders allow toward all EMIs combined, typically around 50%. It's one of the primary factors lenders use to size how much you can responsibly borrow.
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