Home Loan on ₹50,000 Salary
How much you can borrow
₹28,80,771 loan
With a net monthly salary of ₹50,000 and no other EMIs, banks usually allow an EMI of up to ₹25,000. At 8.5% for 20 years, that means a home loan of about ₹28,80,771, enough for a property of around ₹36,00,964 with a 20% down payment.
Eligible loan by tenure (8.5%)
| Tenure | Eligible loan | EMI |
|---|---|---|
| 10 years | ₹20,16,362 | ₹25,000 |
| 15 years | ₹25,38,742 | ₹25,000 |
| 20 years | ₹28,80,771 | ₹25,000 |
| 25 years | ₹31,04,714 | ₹25,000 |
| 30 years | ₹32,51,341 | ₹25,000 |
Eligible loan by interest rate (20 years)
| Rate | Eligible loan | Property value |
|---|---|---|
| 7.5% | ₹31,03,303 | ₹38,79,129 |
| 8% | ₹29,88,857 | ₹37,36,072 |
| 8.5% | ₹28,80,771 | ₹36,00,964 |
| 9% | ₹27,78,624 | ₹34,73,280 |
| 9.5% | ₹26,82,026 | ₹33,52,532 |
Assumes up to 50% of net income can go to EMIs. Banks also check credit score, age and job stability.
Try your own numbers
Eligible loan
₹28,80,771
≈ ₹28.81 Lakh
- Max EMI you can pay
- ₹25,000
- Property you can buy (20% down)
- ₹36,00,964
- Down payment needed
- ₹7,20,193
- Total interest
- ₹31,19,229
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.