Home Loan Eligibility Calculator
Estimate how much home loan you can get based on your monthly income, existing EMIs, interest rate and tenure. A quick guide before you approach a bank.
FOIR is the share of your income a lender lets you spend on all EMIs (typically 40–55%). We use it (minus your existing EMIs) to estimate how big a loan you can service.
Eligible loan amount (approx.)
₹46.1 L
Indicative estimate only. Actual eligibility depends on the lender, your credit score, employment type, age, co-applicants and the property. Banks also cap the loan at a percentage of the property value (LTV). Confirm with your bank.
Frequently asked questions
How is home loan eligibility calculated?
Lenders allow a share of your monthly income (FOIR, usually 40–55%) to go toward all EMIs. Your maximum affordable EMI (after existing EMIs) is converted into a loan amount using the interest rate and tenure.
How much home loan can I get on a ₹80,000 salary?
Roughly, at 50% FOIR and 8.5% for 20 years, a ₹80,000 monthly income with no existing EMIs supports an EMI of about ₹40,000 and a loan of around ₹46 lakh — use the calculator for your exact rate and tenure.
What is FOIR?
FOIR (Fixed Obligation to Income Ratio) is the portion of your income a bank lets you spend on all EMIs combined. A lower FOIR or higher existing EMIs reduces how much you can borrow.
Does this guarantee my loan?
No — this is an estimate. Actual eligibility also depends on credit score, employment type, age, co-applicants, and the property (lenders cap the loan at a percentage of property value, the LTV).