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Home Loan Eligibility Calculator

Find out how much home loan you can get, based on your income and existing EMIs. Adjust the numbers to see how your eligibility changes.

We apply the same method banks use: your FOIR-based repayment capacity, capped by the RBI Loan-to-Value limit on the property, adjusted for your credit profile.

Estimated eligible home loan

Approvable in principle

₹63.38 L

Income limit (FOIR 55%)
₹63.38 L
Affordable EMI capacity
₹55,000

Indicative only, at an assumed 8.5% over 20 years. Final eligibility depends on lender policy, employment type and a full bureau/AA-verified assessment.

What lenders check for home loan eligibility

Income & FOIR

Your net monthly income and how much of it is already committed to EMIs. Lenders keep total EMIs within 40–55% of income.

CIBIL score

A credit score of 750+ signals reliable repayment and unlocks better rates. It's one of the biggest levers on approval.

Age & tenure

Your age determines how long the loan can run — typically until retirement — which affects the maximum tenure and loan size.

Employment type

Salaried applicants are assessed on salary slips and bank credits; self-employed on ITRs, GST and business banking.

Property & LTV

Lenders finance up to 75–90% of property value (loan-to-value). The rest is your down payment.

Co-applicant

Adding an earning co-applicant combines incomes and can significantly increase the eligible loan amount.

Frequently asked questions

How much home loan can I get on my salary?
Lenders keep your total monthly EMIs within a fixed share of your net income — called FOIR (Fixed Obligation to Income Ratio), usually 40–55%. For example, on a ₹1,00,000 net monthly salary with no existing EMIs and a 50% FOIR, roughly ₹50,000 is available for a new EMI, which at 8.5% for 20 years supports a home loan of about ₹57–58 lakh.
What is FOIR in a home loan?
FOIR (Fixed Obligation to Income Ratio) is the percentage of your net monthly income that goes towards all EMIs and fixed obligations. Lenders use it to ensure you can comfortably repay. A lower existing FOIR means you can borrow more.
What CIBIL score is needed for a home loan?
A CIBIL score of 750 or above is generally considered good and improves both your approval chances and your interest rate. Loans can be approved with lower scores, but often at higher rates or with conditions.
What factors affect home loan eligibility?
The main factors are your net income, existing EMIs (FOIR), CIBIL score, age and remaining working years, employment type (salaried vs self-employed), the property value and loan-to-value ratio (LTV), and adding a co-applicant, which can increase eligibility.
Does a co-applicant increase home loan eligibility?
Yes. Adding an earning co-applicant (such as a spouse) combines incomes, which raises the total EMI you can service and therefore the loan amount you're eligible for. It can also help with tax benefits.
How can I increase my home loan eligibility?
Improve your CIBIL score, close or reduce existing loans and credit-card dues, add an earning co-applicant, opt for a longer tenure, and declare all income sources. Verified income and a clean credit history make the strongest case.

This is what GrihaNexus does — automatically.

Seema, our AI loan officer, verifies income from source, pulls CIBIL with consent, and computes real eligibility — turning a borrower's file into a clean, decision-ready package for lenders.

EMI calculatorFor lenders: book a demo