Home Loan Eligibility
Find out how much home loan you can get based on your income
Your take-home salary after tax deductions
Rental income, spouse income, etc.
Car loan, personal loan EMIs already being paid
8.5%
SBI home loan: 8.5–9.15% · HDFC: 8.7–9.4%
20 yrs
Banks typically allow 40–60% of income toward all EMIs combined
Maximum loan eligible
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Max EMI allowed
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Available EMI capacity
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Total interest payable
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Total repayment
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How eligibility is calculated
What is FOIR?
Fixed Obligation to Income Ratio (FOIR) is the maximum percentage of your income that banks allow for all EMI payments combined. Most banks use 40–50%. Higher income earners may get up to 60%.
What other factors affect eligibility?
Credit score (CIBIL score above 750 is ideal), employment type (salaried vs self-employed), age, property type, and existing liabilities all affect the final loan amount a bank offers.
Can I add a co-applicant?
Yes. Adding a spouse or parent as co-applicant increases your combined income, which can significantly boost your loan eligibility. Enter combined income in the form above.