Home Loan Eligibility Calculator
How much loan you can get
Eligible loan
₹46,09,234
≈ ₹46.09 Lakh
- Max EMI you can pay
- ₹40,000
- Property you can buy (20% down)
- ₹57,61,542
- Down payment needed
- ₹11,52,308
- Total interest
- ₹49,90,766
Estimates only. Actual figures may vary with your bank, fund or policy.
How it worksBanks usually allow total EMIs up to about 50% of your net monthly income. Your eligible loan is what that EMI can repay over the tenure.
FAQs
How is home loan eligibility calculated?
Banks check how much EMI you can afford, usually up to 50% of net monthly income minus existing EMIs, then work out the loan that EMI can repay.
How much home loan can I get on ₹50,000 salary?
At 8.5% for 20 years with no other EMIs, about ₹28.8 lakh. Your credit score and the bank’s rules can change this.
How can I increase my eligibility?
Add a co-applicant with income, choose a longer tenure, close small loans and keep a credit score above 750.