Eligibility Calculator
Check your home loan eligibility
₹20K
₹5L
₹0
₹1L
3%
15%
1 Year
30 Years
You are eligible for
₹1,15,00,000
Eligibility Breakdown
Monthly Income
₹1,00,000
Existing EMI
₹10,000
Available Income (50%)
₹40,000
Maximum EMI
₹40,000
How is Eligibility Calculated?
Your home loan eligibility is calculated based on several factors:
- Income Ratio: Banks typically consider 50% of your monthly income for EMI
- Existing Obligations: Your existing EMIs are deducted from available income
- Interest Rate: Current market interest rates affect the loan amount
- Loan Tenure: Longer tenure increases eligibility but total interest paid
Note: This is an indicative calculation. Actual eligibility may vary based on your credit score, employment type, property value, and lender policies.