CalcBox

Home Loan on ₹1,00,000 Salary

How much you can borrow

₹57,61,542 loan

With a net monthly salary of ₹1,00,000 and no other EMIs, banks usually allow an EMI of up to ₹50,000. At 8.5% for 20 years, that means a home loan of about ₹57,61,542, enough for a property of around ₹72,01,927 with a 20% down payment.

Eligible loan by tenure (8.5%)

TenureEligible loanEMI
10 years₹40,32,723₹50,000
15 years₹50,77,485₹50,000
20 years₹57,61,542₹50,000
25 years₹62,09,428₹50,000
30 years₹65,02,682₹50,000

Eligible loan by interest rate (20 years)

RateEligible loanProperty value
7.5%₹62,06,607₹77,58,258
8%₹59,77,715₹74,72,143
8.5%₹57,61,542₹72,01,927
9%₹55,57,248₹69,46,560
9.5%₹53,64,052₹67,05,065

Assumes up to 50% of net income can go to EMIs. Banks also check credit score, age and job stability.

Try your own numbers

₹
₹1 Lakh
₹
% p.a.
years
%
Eligible loan
₹57,61,542
≈ ₹57.62 Lakh
Max EMI you can pay
₹50,000
Property you can buy (20% down)
₹72,01,927
Down payment needed
₹14,40,385
Total interest
₹62,38,458

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.