Home Loan Eligibility Calculator
🔒 In your browserThe home loan you may qualify for from income, FOIR & rate.
How it works
Estimate the home loan you may be eligible for. Lenders cap your total EMIs at a share of income (the FOIR, often around 50%). Enter your monthly income, that ratio, any existing EMIs, the rate and tenure.
An estimate based on the FOIR rule. Actual eligibility also depends on your credit score, age, employer, property value and the lender's own policy.
🔒 Calculated entirely in your browser — nothing is uploaded.
🔒 Calculated in your browser: your loan, investment and salary figures are never uploaded. Interest, tax and salary structures vary by bank and employer, so treat the result as a close estimate and confirm exact figures with them.
About the Home Loan Eligibility Calculator
This free home loan eligibility calculator estimates the loan you may qualify for. Lenders cap your total EMIs at a share of your income (the FOIR), so enter your monthly income, that ratio, any existing EMIs, the interest rate and tenure to see an eligible loan amount.
It calculates in your browser — private and instant.
How lenders decide eligibility
Banks limit how much of your income can go to loan repayments — the Fixed Obligation to Income Ratio, or FOIR, often around 50%. Your maximum affordable EMI is that share of income minus any EMIs you already pay. The eligible loan is then the amount whose EMI, at the given rate and tenure, matches that affordable EMI. A longer tenure or lower rate raises the eligible amount.
A worked example
With ₹1,00,000 monthly income, a 50% FOIR, no existing EMIs, a 9% rate and a 20-year tenure, your maximum EMI is ₹50,000. Working backwards from that EMI, the eligible loan is roughly ₹55.6 lakh. Clearing an existing EMI, extending the tenure, or a lower rate would each increase how much you can borrow.
Frequently asked questions
How is home loan eligibility calculated?
Your maximum EMI is your income times the FOIR minus existing EMIs; the eligible loan is the amount whose EMI at the given rate and tenure equals that. This tool does the reverse-EMI maths for you.
What is FOIR?
Fixed Obligation to Income Ratio — the share of your income a lender lets you spend on all EMIs, often around 40–50%. A higher FOIR allows a larger loan.
How can I increase my loan eligibility?
Clear existing EMIs, choose a longer tenure, add a co-applicant's income, or secure a lower interest rate. Each raises the affordable EMI or the loan it supports.
Is this the exact amount a bank will offer?
No — it's an estimate. Actual eligibility also depends on your credit score, age, employer, property value and the lender's own policy.
Is my data uploaded?
No. The calculation runs entirely in your browser.