Loan Eligibility Calculator
SALARIED APPLICANT
Calculate Your Eligibility
₹75,000
Take-home salary after PF, professional tax, and other deductions
₹0
Car loan, personal loan, credit card minimums, other EMIs
%
Typical range: 40% – 60%. Max allowed by most banks: 65% – 70%.
Standard for most salaried applicants. Higher income profiles may qualify for 60%.
7.25%
Current home loan rates: 7.00% – 9.90% for most banks
20 Years
Max: 30 years. Banks typically cap maturity at age 70-75
₹50,00,000
Used for RBI LTV caps: 90% up to ₹30L, 80% up to ₹75L, 75% above
Multiplier Check: Banks also use 54×–72× monthly income as a sanity check. We’ll show you both.
ELIGIBLE LOAN AMOUNT
45,20,000
Based on FOIR method at 50% cap
Property
₹50,00,000
₹45,20,000
90.4%
₹4,80,000
9.6%
FOIR Applied
50%
Available for Home Loan EMI
₹37,500
FOIR-Based Eligibility
₹45,20,000
Multiplier-Based (60×)
₹45,00,000
RBI LTV Cap Applied
90% (Up to ₹30L)
BANK COMPARISON
Compare Your Banks
₹75,000
₹0
₹50,00,000
20 Years
50%
Enter the interest rates offered by your banks. Add as many banks as you want and see which one gives you the highest eligible loan amount.
Tip: Ask each bank for the effective rate after any discount for your employer category or credit profile, and enter that exact rate.
BEST ELIGIBILITY
0
Add your banks and their offered rates to see the comparison.
| Bank | Rate | Eligible |
|---|
Eligibility calculations are illustrative and based on standard FOIR, income multiplier, and RBI LTV norms.
Actual eligibility depends on your credit score, employment stability, employer category, property profile,
existing obligations, and the lender’s internal policies. Always confirm with your bank or HFC before applying.