Home Loan Eligibility Calculator

Estimate how big a home loan banks will offer you, based on the same income test they use.

Email me this result We'll email your numbers and a link back. No spam.

Embed this calculator on your website — free

<iframe src="https://rebota.in/tools/home-loan-eligibility-calculator?embed=1" width="100%" height="640" style="border:1px solid #e5e9f0;border-radius:12px" title="Home Loan Eligibility Calculator" loading="lazy"></iframe>
<p style="font-size:12px"><a href="https://rebota.in/tools/home-loan-eligibility-calculator">Home Loan Eligibility Calculator</a> by Rebota</p>

Browse all free calculator widgets →

How to use the Home Loan Eligibility Calculator

Enter your take-home monthly income (add a co-applicant's income to see a joint loan).
Enter all EMIs you already pay.
Enter the FOIR limit, interest rate and tenure.

Formula used

Max EMI = Net income × FOIR − Existing EMIs

Loan = EMI × [(1 + i)ⁿ − 1] ÷ [i × (1 + i)ⁿ], i = monthly rate, n = months.

Was this helpful?

Home Loan Eligibility Calculator — FAQs

What is FOIR?▾

Fixed obligation to income ratio — the share of your monthly income that can go to all EMIs combined. Most lenders cap it at 40–60%.

How can I increase my loan eligibility?▾

Add a co-applicant, choose a longer tenure, close small loans and credit-card dues, and keep a credit score above 750.

How much of the property price will the bank fund?▾

RBI caps the loan-to-value ratio at 90% for loans up to ₹30 lakh, 80% for ₹30–75 lakh and 75% above ₹75 lakh.

How to use the Home Loan Eligibility Calculator

Formula used

Home Loan Eligibility Calculator — FAQs

Related calculators