CalcBox

Home Loan on ₹75,000 Salary

How much you can borrow

₹43,21,156 loan

With a net monthly salary of ₹75,000 and no other EMIs, banks usually allow an EMI of up to ₹37,500. At 8.5% for 20 years, that means a home loan of about ₹43,21,156, enough for a property of around ₹54,01,446 with a 20% down payment.

Eligible loan by tenure (8.5%)

TenureEligible loanEMI
10 years₹30,24,543₹37,500
15 years₹38,08,113₹37,500
20 years₹43,21,156₹37,500
25 years₹46,57,071₹37,500
30 years₹48,77,012₹37,500

Eligible loan by interest rate (20 years)

RateEligible loanProperty value
7.5%₹46,54,955₹58,18,694
8%₹44,83,286₹56,04,107
8.5%₹43,21,156₹54,01,446
9%₹41,67,936₹52,09,920
9.5%₹40,23,039₹50,28,799

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

Try your own numbers

₹
₹75 Thousand
₹
% p.a.
years
%
Eligible loan
₹43,21,156
≈ ₹43.21 Lakh
Max EMI you can pay
₹37,500
Property you can buy (20% down)
₹54,01,446
Down payment needed
₹10,80,289
Total interest
₹46,78,844

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.