Home loan eligibility calculator

What a lender will sanction against your income once your existing EMIs are counted — and the property price that buys.

Your income

Net take-home, after tax and PF — not CTC. Lenders underwrite what lands in the bank.

15,000₹ 18 L a year20,00,000
Add a co-applicant
A spouse or parent on the file pools the income and usually lifts the sanction.
0None5,00,000

How the lender reads it

FOIR — fixed obligation to income ratio — is the share of your income a bank will let all your EMIs consume. Most housing lenders sit at 50%; salaried files with a long record and low other debt get stretched to 55%.

FOIR the lender applies
yrs
5 yrsCapped at retirement age by most lenders30 yrs
% p.a.
6.00 % p.a.16.00 % p.a.

Sanction by tenure

The same income buys a bigger loan over longer — and costs far more interest.

Eligible loan
₹ 86.42 L
Against ₹ 1.5 L/month at 50% FOIR
Maximum EMI you can service
50% of income, less existing EMIs
₹ 75,000
Property price it supports
At 80% loan-to-value
₹ 1.08 Cr
Own funds needed
20% margin, before stamp duty and registration
₹ 21.61 L

Add stamp duty and registration on top — work out the statutory bill.

What this assumes
  • ·FOIR-based, the way a housing-finance credit officer reads a salaried file. Self-employed files are assessed on ITR-averaged income and usually come out lower.
  • ·80% loan-to-value. Lenders fund up to 90% below ₹30 L and 75% above ₹75 L, so the supported price shifts with the ticket size.
  • ·No bureau score effect modelled — a score under 700 costs you rate, not eligibility.
  • ·Stamp duty, registration and interiors are never funded by the loan.

Talk to an advisor about this

A calculator gives you the arithmetic. An advisor tells you which lender will actually sanction it, which projects have an approved-project (APF) tie-up so the file moves in days rather than weeks, and what the builder will negotiate on. No fee to you — we are paid by the developer on a registered booking.

  • · Rate comparison across a 10-lender panel
  • · Paperwork prepared and tracked to disbursal
  • · Callback within 5 minutes, 9:30am–8pm IST

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