Home Loan Eligibility Calculator - Know How Much You Can Borrow
Check Your Home Loan Eligibility
Enter your details to find out the loan amount you may be eligible for.
What is a Home Loan Eligibility Calculator?
This tool helps you estimate how much home loan you can get based on your income and expenses. Just enter your income, current EMIs, interest rate, and tenure – and get an idea of your borrowing limit instantly. It’s easy, quick, and helps with better planning.
How Does It Work?
The calculator estimates your eligibility using a general guideline – banks usually allow up to 50-60% of your monthly income to be used for EMIs. After deducting existing EMIs, the remaining is considered for your new home loan. Based on that, the tool calculates the maximum loan you can afford.
Why Use Our Home Loan Eligibility Calculator?
- Quick estimation of your loan limit
- Helps plan your budget before applying
- No paperwork, instant results
- Compare different interest rates and tenures
- Free and easy to use
Frequently Asked Questions
What is the maximum home loan I can get?
It depends on your monthly income, existing financial obligations, and the bank’s policies. Generally, up to 60 times your monthly income is considered.
Does credit score affect home loan eligibility?
Yes, a higher credit score improves your chances of getting a better loan amount and lower interest rate.
Can I increase my eligibility?
You can increase your eligibility by reducing your existing EMIs, increasing tenure, adding a co-applicant, or improving your credit score.