How This Loan Eligibility Calculator Works
Enter your monthly net take-home salary (after tax and PF deductions). If you already have existing EMIs — car loan, personal loan, credit card EMI — enter the total monthly amount. Select the loan type and enter the interest rate and tenure. The calculator applies a 50% FOIR: your new loan's EMI cannot push your total EMI burden above half your take-home pay. Using the reverse EMI formula, it computes the maximum principal you can borrow at the given rate and tenure.
Loan Eligibility by Salary (2026)
The table below shows indicative home loan eligibility at 8.5% p.a. for 20 years with no existing EMIs (50% FOIR).
| Net Monthly Salary | Max EMI (50% FOIR) | Eligible Loan Amount |
|---|---|---|
| ₹25,000 | ₹12,500 | ~₹13.3 Lakh |
| ₹50,000 | ₹25,000 | ~₹26.5 Lakh |
| ₹75,000 | ₹37,500 | ~₹39.8 Lakh |
| ₹1,00,000 | ₹50,000 | ~₹53.1 Lakh |
| ₹1,50,000 | ₹75,000 | ~₹79.6 Lakh |
| ₹2,00,000 | ₹1,00,000 | ~₹1.06 Cr |
Assumes 50% FOIR, 8.5% p.a., 20-year tenure, no existing EMIs. Actual eligibility depends on your lender.