Home Loan Eligibility Calculator India
Check your maximum loan eligibility based on income and obligations.
Most banks allow 40–50% of net income toward EMIs
Frequently Asked Questions
What is FOIR in home loan eligibility?
FOIR is the maximum share of your net monthly income that can go toward EMIs. Most banks allow 40–50%. If you earn ₹80,000/month and have no other EMIs, a 50% FOIR means your max EMI is ₹40,000.
How can I increase my home loan eligibility?
Clear existing loans to reduce obligations, add a co-applicant, choose a longer tenure, or improve your CIBIL score to access lower interest rates.
Does credit score affect eligibility?
Yes. A CIBIL score of 750+ helps you qualify for lower rates, which directly increases the loan amount you can get for the same monthly EMI budget.
Example eligibility calculations
Common scenarios to try in the calculator above.
- → Net income ₹80,000/month, no existing EMIs, FOIR 50% — max home loan ~₹41.6 lakh at 8.5% for 20 years
- → Net income ₹1.2 lakh/month, existing EMI ₹20,000, FOIR 50% — max home loan ~₹52 lakh at 8.5% for 20 years
Eligibility varies by lender. Banks also consider credit score, employer type, and property location.