How much home loan can I get on my salary?

Most banks offer 60 times your monthly income as the maximum loan amount. For a ₹1 lakh/month salary, you may qualify for ₹60 lakhs. Your existing EMIs, credit score, and property value also affect eligibility.

What is the FOIR for home loans?

FOIR (Fixed Obligation to Income Ratio) is the percentage of income used for debt repayment. Banks typically allow 40-50% FOIR. Lower FOIR means higher loan eligibility.

Does credit score affect loan eligibility?

Yes. A CIBIL score above 750 increases eligibility and gets better interest rates. Scores below 650 may result in loan rejection or higher rates.

Can I increase my home loan eligibility?

Yes. Add a co-applicant with income, close existing loans, increase loan tenure, or improve your credit score. A higher down payment also reduces the required loan amount.

Home Loan Eligibility Calculator India | Check Max Loan Amount

Your Financial Details

Net Monthly Income (₹)

Existing Monthly EMIs (₹)

Other Monthly Expenses (₹)

Interest Rate (%)

Loan Tenure (Years)

Maximum Eligible Loan

₹17,28,463

Max Monthly EMI₹15,000

Tenure20 Years

* This is an estimate based on standard bank norms (FOIR). Actual eligibility may vary based on credit score, age, and bank policies.

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