Home Loan Eligibility Calculator
Find the maximum home loan you can get — based on the 50% FOIR rule Indian banks use.
Your Details
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₹25K₹5L
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₹0₹1L
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530
Results
Maximum Eligible Loan
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Affordable EMI (50% of net)₹0
FOIR Used0%
Banks allow total EMIs up to ~50% of net monthly income (FOIR). Final sanction also depends on credit score, age and property value.
How it works
Banks use the FOIR (Fixed Obligation to Income Ratio): all your EMIs together should stay within about 50% of net monthly income. We subtract your existing EMIs, take 50% of what's left as the affordable EMI, then reverse the EMI formula to find the loan principal: P = EMI × ((1+r)n − 1) / (r(1+r)n).
How do banks decide home loan eligibility?
Banks mainly use the FOIR: your total EMIs including the new loan should not exceed about 50% of net monthly income. They also check credit score, age and property value.
How can I increase my home loan eligibility?
Clear existing loans to reduce EMIs, add a co-applicant's income, choose a longer tenure, or show additional stable income sources.