How much home loan your income supports, and the down payment it leaves you
Estimates only, not financial advice. What you type stays on your device. Checked against sources on 30 Oct 2026.What a lender will give depends on your income, not on the flat you have fallen for. A share of monthly pay, commonly 50 per cent, may go to all instalments together, and a separate ceiling caps what may be lent against the property itself.
Rates and rules read from RBI Master Circular – Housing Finance, RBI/2025-26/16 (DOR.CRE.REC.No.12/08.12.001/2025-26) of 1 April 2025, paragraph 3 on 30 Oct 2026; they may have changed since.
Set Your monthly income, and the Co-applicant's income if there is one.
Set the EMIs you already pay on other loans.
Set the Interest rate, Tenure and Property cost of the loan you want.
Pick the Share of income allowed for all EMIs; it is a lender's choice, not a rule.
Read the Loan you are likely to get, the Monthly EMI and the down payment, then press Share result.
The Home Loan Eligibility Calculator answers the question people ask before they choose a flat: how much will a lender actually give me? It works the way lenders do, from income rather than from the property.
Two separate limits decide the answer, and the smaller one wins. The first is your income. A lender allows a share of your net monthly pay to go towards all instalments together, a share usually called the FOIR. Whatever you already pay on a car loan, a personal loan or a credit card comes out of it first, and what remains is the largest EMI you are allowed. That EMI is then turned back into a loan amount using the EMI calculator's formula, run in reverse.
Only one of those two limits is a rule, and this page says which. Nobody regulates the FOIR. Every lender sets its own and none of them publish it, so it is a box here, starting at the 50 per cent most often quoted, with 40 and 60 as the usual edges. If your lender has told you its ratio, type that in instead. The interest rate is the same kind of figure: the 8.5 per cent it opens with is a starting point, not a quote.
The second limit is a rule. The Reserve Bank caps how much of a property's value a bank may lend, by the size of the loan: 90 per cent up to thirty lakh, 80 per cent from there to seventy-five lakh, 75 per cent above it. The rest is your down payment, and the calculator shows it, because it is the number most first-time buyers underestimate. Stamp duty and registration sit outside that cost, and on top of the down payment.
The page also shows which of the two is holding you back. If income is the limit, a longer tenure or a co-applicant raises the figure; if the property cap is the limit, only a larger down payment will.
This is an estimate for planning, not an offer. Lenders also weigh your credit score, job stability and age at the end of the tenure.
Sources: the loan-to-value ceilings come from the RBI Master Circular on Housing Finance, RBI/2025-26/16 of 1 April 2025, paragraph 3, read at rbi.org.in on 25 September 2026. The FOIR has no source, because no authority publishes one.
Lenders allow a share of net monthly pay towards all instalments together, most often around half, though each bank decides its own figure and publishes none of them. Existing EMIs come out of that share first, and whatever is left is turned back into a loan amount at your rate and tenure.
FOIR is the fixed obligation to income ratio, the share of net pay a lender lets all loan instalments take together. No regulator sets it. Every lender has its own policy, unpublished and negotiable on a strong file, which is why this page makes it a box you can change rather than a table.
Home loan eligibility kaise check karein, without an application: enter your net monthly salary, any EMIs you already pay, the interest rate and the tenure. The calculator shows the loan amount and the instalment it carries. Checking here leaves no enquiry on your credit record, unlike applying to a lender.
Reserve Bank rules cap how much of a property's value a bank may lend: 90 per cent up to thirty lakh, 80 per cent to seventy-five lakh, 75 per cent above that. A share of the cost must always come from you, whatever your income, and stamp duty and registration are on top of it.
Yes, when the co-applicant's income is counted. Lenders add the incomes of everyone on the loan and apply the ratio to the total, so a working spouse or parent can raise the figure substantially. Both people become equally responsible for repaying it, which is the trade-off worth understanding first.
No. Eligibility from income is where a lender starts, not where it finishes. Your credit score, how long you have been employed, your age when the loan would end, the property's legal papers and the lender's own policy all move the final sanction, up or down, from the estimate shown here.
Rates and rules change; check the source before you rely on a figure.
Still stuck? Ask about Home Loan Eligibility Calculator and anybody who knows can answer. No account needed.
Also works as: Loan Eligibility Calculator · How Much Home Loan Can I Get · Salary to Home Loan Eligibility.
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