Home Loan Eligibility Calculator India
Check maximum home loan amount you can get based on salary, existing EMIs, and bank FOIR. SBI, HDFC, ICICI norms.
Disclaimer: Results are estimates for informational purposes only. Market conditions and interest rates vary. Consult a SEBI-registered financial advisor before making investment decisions.
Advertisement
About Home Loan Eligibility Calculator India 2026
Calculate maximum home loan eligibility based on your monthly income, existing EMI obligations, and bank FOIR (Fixed Obligation to Income Ratio) norms. Most Indian banks allow 40-50% FOIR. Shows loan amount, EMI, and tenure options.
Home loan eligibility in India is primarily governed by the FOIR (Fixed Obligation to Income Ratio) — banks typically cap your total EMI obligations (including the new home loan) at 40-50% of your monthly income, which means your existing EMIs (car loan, personal loan, credit card minimums) directly reduce how much home loan you qualify for, even if your income alone would otherwise support a larger loan. Lenders like SBI, HDFC, and ICICI apply broadly similar FOIR-based logic with some variation in exact thresholds and how they weight factors like credit score and employment type. This calculator estimates your maximum eligible loan amount based on your income, existing EMI commitments, and a chosen FOIR percentage, giving a realistic pre-application estimate before you approach a lender.
How to use
- Enter your figures in the input fields — the result recalculates instantly as you type, no submit button needed.
- Double-check which financial year or rate the tool is using, shown near the result, since tax and interest rates change periodically.
- Use the "Next step" workflow links below to move into a related calculation, like comparing this result against another instrument.
- Share your result via WhatsApp or Twitter using the buttons above if you need to send it to someone else.
- Everything is calculated locally in your browser — your financial figures are never sent to any server.
Tool details
⚡ Next step — complete your workflow
Expert note — India 2026
RBI, HDFC, ICICI norms: FOIR should not exceed 50% of net monthly income. Banks multiply net monthly income by 60-72 to get approximate loan eligibility (for 20-year tenure at ~8.5%).
Frequently asked questions
What is FOIR in home loans?
Fixed Obligation to Income Ratio — ratio of all monthly EMIs to net monthly income. Most banks cap FOIR at 40-50%. If your salary is ₹1L and existing EMIs are ₹20K, FOIR is 20% — you can afford additional EMI up to ₹30K.
How much home loan can I get on ₹1 lakh salary?
Approximately ₹55-65 lakh based on 50% FOIR, 8.5% rate, 20-year tenure. Exact amount depends on existing obligations and bank policy.
Advertisement