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Home Loan Eligibility Calculator
Find out how much home loan you qualify for based on your salary and existing obligations. Compare eligibility across major Indian banks — instantly, no registration needed.
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Bank-wise Eligibility
Based on ₹50,000/month income, ₹0 existing EMI, 20-year tenure.
* Figures are indicative. Actual eligibility depends on credit score, employment type, property value, and bank policy at time of application. Interest rates as of mid-2025.
How is home loan eligibility calculated?
What is FOIR?
Fixed Obligations to Income Ratio — banks allow 40–55% of your net monthly income to go toward all EMIs including the new home loan.
How much loan can I get on ₹50,000 salary?
On a ₹50,000/month salary with no existing EMIs, you can typically get ₹35–45 lakh home loan for a 20-year tenure at 8.5% interest.
Does existing EMI reduce eligibility?
Yes. Each existing EMI reduces your available FOIR. A ₹10,000/month car loan reduces your home loan eligibility by approximately ₹8–10 lakh.
What tenure gives the most loan?
Longer tenures (25–30 years) lower the monthly EMI, which increases the loan amount you qualify for under FOIR limits.
Which bank gives the highest home loan?
SBI and HDFC typically offer the highest loan amounts and widest eligibility. LIC Housing is popular for salaried employees in Tier 2 cities.
Can I include spouse income?
Yes! Adding a co-applicant spouse's income significantly increases your combined eligibility. Most banks allow joint applications.