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Home loan eligibility calculator

See the home loan your income can likely support. We work backwards from a FOIR cap and your existing EMIs to the loan amount — using the same tested engine as our calculators.

₹1,00,000
₹0
50%

Assumption, not a promise — lenders commonly use ~50–60% depending on your income and profile.

8.5%
20y

Indicative eligible home loan

₹57,61,542

Affordable EMI
₹50,000
Obligations / income
50%
At
8.50% over 20 years

Indicative only. Actual sanction depends on your credit score, the property value (LTV), employer, age and the lender's own FOIR policy. Confirm with the lender.

How lenders size your loan

Two limits cap a home loan. The first is your FOIR — lenders keep your total monthly EMIs within roughly 50–60% of net income, so whatever is left after existing EMIs is the new EMI you can afford. The second is the loan-to-value limit on the property. Your sanction is the lower of the two; this tool models the income side.

From the affordable EMI we use the reducing-balance formula in reverse to find the loan amount — the same maths as the home loan calculator, run backwards. Read the full method on the methodology page.

Make it go further

A longer tenure, a lower rate (helped by a strong credit score), clearing existing EMIs, or adding a co-applicant on a joint loan all raise the amount you qualify for. See how to improve your eligibility and how down payment and LTV decide what you must arrange.

Frequently asked questions

How much home loan can I get on my salary?
Roughly, lenders let your total EMIs reach 50–60% of your net monthly income (the FOIR). Whatever is left after your existing EMIs is the home-loan EMI you can take on, which translates into a loan amount at the going rate and tenure. On a ₹1,00,000 income with no other EMIs and a 50% cap, that's about ₹50,000 of EMI, supporting roughly ₹57.6 lakh over 20 years at 8.5%.
What is FOIR?
FOIR — the fixed-obligation-to-income ratio — is the share of your income already going to EMIs and fixed obligations. Lenders cap it to make sure you can service a new loan. The exact band varies by lender and income level, so treat the slider as an assumption.
Do my existing EMIs reduce my eligibility?
Yes, directly. Every rupee of existing EMI eats into the FOIR headroom, leaving less for a new home-loan EMI — and a smaller eligible loan. Closing a small loan before you apply can noticeably raise the amount you qualify for.
Why might my actual sanction differ?
This tool models the income (FOIR) limit only. Your real sanction is the lower of that and the property-value limit (LTV), and is also shaped by your credit score, age, employer category and the lender's own policy. It's an indicative estimate, not an offer.