Home loan eligibility depends on several factors including your monthly income, existing EMI obligations, the interest rate offered by the lender, and the desired loan tenure. Banks typically use a Fixed Obligation to Income Ratio (FOIR) of 40 to 50 percent, which means your total EMI payments — including the new home loan — should not exceed half of your net monthly income. A higher income, lower existing debt, and longer tenure all improve your eligible loan amount.

Our free home loan eligibility calculator lets you quickly estimate the maximum loan you can qualify for based on your financial details. Adjust your income, existing obligations, interest rate, and tenure to see how each factor affects your borrowing capacity. This helps you plan your property purchase with confidence, knowing exactly how much financing you can realistically secure.