Home Loan Eligibility Calculator
Indicative loan amount lenders may sanction on your income.
Home Loan Eligibility Calculator
Indicative loan amount lenders may sanction on your income.
- Eligible loan amount
- ₹61.13 lakh
- EMI capacity
- ₹55,000
- Property you could consider (80% funding)
- ₹76.41 lakh
- Total repayment
- ₹1.32 crore
How is this calculated?
Formula: EMI capacity = income × FOIR − existing EMIs. That capacity is converted into a loan amount at the given rate and tenure.
- Closing a small existing EMI can meaningfully raise eligibility.
- Credit score, income stability and documentation still decide the final sanction.
- Keep total EMIs comfortably below the lender's FOIR ceiling.
Your entries are user inputs; rates and returns you cannot control are assumptions. Results are illustrative, not a statutory computation.
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How this calculator works
EMI capacity = income × FOIR − existing EMIs. That capacity is converted into a loan amount at the given rate and tenure.
Assumptions
- Credit score, income stability, age and documentation still decide the final sanction.
Statutory limits used here reflect FY 2025-26 (AY 2026-27). Results are illustrative and do not constitute tax, legal or investment advice. Speak to a Bluman Chartered Accountant before acting on them.
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