Menu
Upgrade to Pro

Mortgage Eligibility Calculator

Check how much home loan you can qualify for based on your income

Income Details
₹
₹ 1,00,000 (1.00 )
₹
Existing Obligations
₹
₹ 10,000
Loan Parameters
%
Yrs

Eligible Loan Amount

₹0

Estimated maximum loan you can get

Estimated EMI

₹0

Max Property Value

₹0

Assuming 80% LTV
Income Utilization
Available for New EMI 40%
Existing Obligations 10%
Recommendation

Based on your profile, you have good eligibility for a home loan.

Eligibility Breakdown Schedule
Parameter Value Remarks
All Calculators
Tip

Use the search bar above to quickly find the calculator you need.

How is eligibility calculated?

Banks typically allow 50-60% of your gross income for all EMIs combined. Eligible Loan = (Available EMI) converted to Principal using interest rate & tenure.

How Mortgage Eligibility is Calculated

Mortgage eligibility is determined based on your income, existing financial obligations, interest rate, loan tenure and FOIR (Fixed Obligation to Income Ratio). Banks generally allow 40% to 60% of your total monthly income toward EMI payments.

Key Factors That Affect Home Loan Eligibility

Why Use This Mortgage Eligibility Calculator?

This tool gives you an instant estimate of your eligible home loan amount, estimated EMI, and maximum property value you can afford. It helps you plan your property purchase better and compare loan options effectively.

Frequently Asked Questions (FAQ)

What is FOIR in home loans?

FOIR (Fixed Obligation to Income Ratio) is the percentage of your monthly income that banks allow toward loan EMIs.

How can I increase my mortgage eligibility?

You can increase eligibility by reducing existing loans, increasing income, adding a co-applicant, or choosing a longer tenure.

Does longer tenure increase eligibility?

Yes, longer tenure reduces EMI burden and increases eligible principal amount.

Is this calculator accurate?

This calculator provides an estimate. Final loan approval depends on lender policies and credit profile.