Check home loan eligibility by salary with FOIR, EMI and income multiplier norms. Estimate max loan under Indian bank rules, fully offline.
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Quick answer: Home Loan Eligibility India — Max loan by salary Free, no signup, runs in your browser. See below for the interactive tool, 4-step guide and FAQs.
Available for EMI (FOIR)
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Max by FOIR
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Max by income multiplier
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FOIR is Fixed Obligations to Income Ratio. Banks cap all EMIs near 50% of net monthly pay. For example, Rs 60,000 income allows about Rs 30,000 total EMIs. Subtract current EMIs for new loan room. Lower FOIR boosts approval. See /terms.
No, this is an estimate only, not loan approval or financial advice. CIBIL score, age, property value, and LTV caps shape final sanction. For example, low CIBIL can cut limits fast. Confirm with your lender and see /terms before you apply.
No. Salary FOIR math never leaves this tab. Net pay sums run net-off with no post and no login. For example, Rs 80,000 stays local, runs net-off, and erases on close. Your facts stay yours alone. Calculations execute offline instantly. Estimates only, not approval. See /terms.
Because risk pricing differentiates default odds, Rs 80,000 income at 780 CIBIL secures 8.5% and Rs 42,50,000 for 20 years, while 650 faces 9.5% and 15% haircut near Rs 34,00,000. Banks overlay bureau vintage, utilisation, enquiries. Clear dues six months prior. Model 8.5% versus 9.5% here. See /terms.
Joint applications pool Rs 80,000 and spouse Rs 70,000 for Rs 1,50,000 income and Rs 75,000 EMI room, lifting eligibility toward Rs 85,00,000 at 8.5% for 20 years versus Rs 42,50,000 solo. Lenders demand joint KYC, co-ownership, shared liability. Weigh divorce contingencies. Compare solo versus joint via /emi-calculator. Guidance only, not loan counsel. See /terms.
FOIR restricts aggregate EMIs near 50-55% of net monthly earnings, defining borrowing headroom. For example, Rs 80,000 income allows Rs 40,000 total EMIs; subtracting Rs 10,000 existing auto and cards leaves Rs 30,000 housing room. At 8.5% for 20 years, Rs 30,000 EMI backs about Rs 36,20,000, while zero existing lifts to Rs 48,20,000. FOIR room table clarifies: | Net pay | Existing EMIs | Housing room | Max 20yr 8.5% | Rs 80k | Rs 10k | Rs 30k | Rs 36.2L | Rs 80k | Rs 0 | Rs 40k | Rs 48.2L | Rs 1L | Rs 10k | Rs 40k | Rs 48.2L |. Extending to 25 years adds roughly 12% quantum. Our home loan eligibility calculator blends FOIR and multiplier checks privately offline. Edge case: variable incentives averaged triannually may be haircut 30%. Limitation: ignores CIBIL spreads, LTV ceilings, and age-tenure caps. Cross-check installments via /emi-calculator. Eligibility illustration only, not sanction advice. See /terms.
Loan-to-value caps loan against agreed property cost, typically 90% under Rs 30 lakh, 80% Rs 30-75 lakh, 75% above, demanding larger down payments upscale. For example, Rs 50,00,000 flat at 80% LTV permits Rs 40,00,000 loan with Rs 10,00,000 margin, while Rs 90,00,000 luxury at 75% allows Rs 67,50,000. LTV slab table: | Price | LTV | Loan | Down | Rs 30L | 90% | Rs 27L | Rs 3L | Rs 50L | 80% | Rs 40L | Rs 10L | Rs 1Cr | 75% | Rs 75L | Rs 25L |. CIBIL above 750 secures 8.5% card rates; 650 invites 9.5% and quantum trims. Our tool juxtaposes FOIR versus LTV minima privately. Edge case: under-construction disbursements hinge on stage completion certificates, delaying tranches. Limitation: excludes stamp levies, registration imposts, and builder escalation clauses. Validate take-home via /in-hand-salary-india. Collateral explainer only, not credit counsel. See /terms.
Adding blood-relative co-applicants pools incomes, elevating joint FOIR room and tenure flexibility. For example, Rs 80,000 and spouse Rs 70,000 totals Rs 1,50,000 income and Rs 75,000 EMI room, backing about Rs 85,00,000 at 8.5% for 20 years versus Rs 36,20,000 solo with existing EMIs. Joint power table: | Applicants | Joint income | EMI room | Max 20yr | Solo 80k dues | Rs 80k | Rs 30k | Rs 36.2L | Duo 80k and 70k | Rs 150k | Rs 65k | Rs 78L | Duo zero dues | Rs 150k | Rs 75k | Rs 85L |. Youthful co-borrowers extend tenure to 25 years. Edge case: unmarried partners or friends rarely accepted without co-ownership title. Limitation: estimate only, omitting age caps at 60-65, property legal vetting, and employment continuity scrutiny. Compare repayments via /emi-calculator. Informational eligibility support only, not professional loan guidance before applying formally. See /terms.