Home Loan Eligibility Calculator
About the Home Loan Eligibility Calculator
Buying a home is a big financial decision, and knowing how much loan you can qualify for is the first step. Our Home Loan Eligibility Calculator helps you quickly determine the maximum home loan amount you may be eligible for based on your income, existing EMIs, interest rate, and loan tenure.
What the Home Loan Eligibility Calculator shows
Maximum loan amount based on your monthly income and liabilities
Estimated EMI affordability using standard debt-to-income ratio rules
Impact of interest rate and loan tenure on eligibility
Total repayment obligation (principal + interest)
Quick comparison of different scenarios by adjusting values
Key factors that affect home loan eligibility
Income – Higher income increases loan eligibility.
Existing EMIs/loans – Existing obligations reduce eligibility.
Loan Tenure – Longer tenure = lower EMIs = higher eligibility.
Interest Rate – Lower interest rates improve affordability.
Age of applicant – Younger applicants get longer tenure options.
Credit score – A good score (700+) improves approval chances.
Example calculation
If your monthly income is ₹70,000, with ₹10,000 as existing EMI, and you choose a 20-year tenure at 8% interest, the Home Loan Eligibility Calculator estimates the maximum loan you could get by factoring in your disposable income and EMI affordability (usually 40–50% of net income).
Home Loan Eligibility Calculator
Why use our Home Loan Eligibility Calculator?
Saves time by giving you an instant estimate before applying to banks.
Helps plan your home budget realistically.
Allows you to compare loan offers across different lenders.
Prevents rejection by understanding your loan affordability in advance.
Tips to increase eligibility
Clear existing debts or reduce EMIs before applying.
Opt for a longer tenure to lower EMI burden.
Apply jointly with a co-applicant (spouse/parent) to increase income base.
Improve your credit score before loan application.
Start using our Home Loan Eligibility Calculator today to know how much you can borrow and plan your dream home purchase with confidence.
| Monthly Income | Existing EMIs | Eligible EMI | Interest Rate | Tenure | Max Loan Amount |
|---|---|---|---|---|---|
| ₹50,000 | ₹5,000 | ₹15,000 | 8% | 20 Years | ₹25,00,000 |
| ₹70,000 | ₹10,000 | ₹25,000 | 8% | 20 Years | ₹42,00,000 |
| ₹1,00,000 | ₹15,000 | ₹40,000 | 7.5% | 25 Years | ₹75,00,000 |
*These values are for illustration only. Actual home loan eligibility depends on income, credit score, lender policy, and documentation.