Home Loan Eligibility Calculator

Lenders do not ask how much you want - they calculate how much you can reliably repay. The rule is simple: take your income, reserve the share a bank allows for debt, subtract what you already owe, and convert the remaining monthly capacity into a loan amount at your rate and tenure.

Home Loan Eligibility Calculator does exactly that in reverse. Enter your net monthly income, existing EMIs, the loan tenure, interest rate, your age and a credit profile, and it returns the maximum loan you can expect to qualify for - along with the EMI it implies, your FOIR/DTI ratios and how tenure changes the answer.

Focus on the borrowing ceiling rather than the monthly bill: slide the tenure and existing-EMI inputs to see how much headroom each decision buys you. Everything runs in the browser; nothing is uploaded.

• Eligible loan amount: The maximum home loan your income and obligations support.
• EMI capacity: The monthly payment behind that loan at your rate.
• FOIR / DTI ratios: Your debt share with the proposed loan included, vs the lender cap.
• Age-aware tenure: Tenure auto-caps so the loan ends before your retirement age.
• Existing EMIs: Deducted from your allowed debt share automatically.
• Credit profile: Rate adjustment for excellent, good or fair profiles.
• Tenure slider: See how a longer tenure lifts the eligible amount.
• Live estimate: The eligible amount updates as you type, with the math shown.
• Export: Copy or download the summary as text, CSV or JSON.
• Learning guide: How FOIR, DTI and retirement age drive the number.

1. Enter your net monthly income. Take-home pay of all applicants combined.
2. Add existing EMIs. Car, personal and other loans you already pay monthly.
3. Pick the tenure. Longer tenure raises eligibility but adds interest - balance it against your target.
4. Set the rate and credit profile. Stronger profiles usually unlock better rates.
5. Enter your age. The tenure self-caps toward your retirement age.
6. Read the eligible amount. The maximum loan, the EMI it implies, and your FOIR.
7. Experiment. Raise tenure or add a co-applicant income to see eligibility grow.
8. Export. Copy or download the eligibility summary.

Example 1 - Salaried buyer. Net income 90,000, no existing EMIs, 20 years at 8.5%: ~50% FOIR allows an EMI of 45,000 - an eligible loan of roughly 52 lakh.

Example 2 - Existing car loan. Same income with a 12,000 car EMI leaves 33,000 monthly capacity - eligibility drops to about 38 lakh.

Example 3 - Shorter tenure. 10 years instead of 20 at the same rate cuts the eligible loan because the EMI must repay it faster.

Example 4 - Lower rate. A 7.5% rate vs 9% adds several lakh of eligibility for the same monthly capacity.

Example 5 - Co-applicant. Adding a spouse income of 40,000 with no extra EMIs raises the eligible amount proportionally.

• Shop with a number: Know your borrowing ceiling before visiting the first project.
• See the levers: Tenure, rate, existing EMIs and co-applicant income each move the number visibly.
• Understand the lender: FOIR and DTI explained in the terms banks actually use.
• Plan the down payment: Subtract the eligible loan from the target price to find the cash needed.
• Explainable math: Each step from income to eligible loan is shown.
• Export-ready: Text, CSV and JSON outputs for your loan application notes.
• Free and private: No uploads, no accounts, no logging.