Home Loan Eligibility by Salary 2026
Enter your salary and obligations below to instantly calculate the maximum home loan you qualify for. See exact figures for 20, 25, and 30-year tenures.
Your Financial Profile
Max Loan Eligibility
₹57.62 L
58 Lakhs eligible at current income
Max EMI Capacity
₹50,000
Existing EMIs
₹0
EMI Commitment
50.0%
Max Loan Eligibility
₹57.62 L
EMI Capacity Split
Maximum Home Loan Amount by Salary in India
Home Loan Eligibility by Salary — 2026
| Monthly Salary | Max Loan (20 yr) | Max Loan (25 yr) | Max Loan (30 yr) |
|---|---|---|---|
| ₹20,000 | ₹7.5L | ₹8.5L | ₹9.5L |
| ₹25,000 | ₹9.5L | ₹11L | ₹12L |
| ₹30,000 | ₹11.5L | ₹13L | ₹14.5L |
| ₹35,000 | ₹13.5L | ₹15.5L | ₹17L |
| ₹40,000 | ₹15.5L | ₹18L | ₹19.5L |
| ₹50,000 | ₹19.5L | ₹22.5L | ₹24.5L |
| ₹60,000 | ₹23.5L | ₹27L | ₹29.5L |
| ₹75,000 | ₹29.5L | ₹34L | ₹37L |
| ₹1,00,000 | ₹39.5L | ₹45.5L | ₹49.5L |
| ₹1,50,000 | ₹59L | ₹68L | ₹74L |
Calculated at 8.5% interest rate. No existing EMIs. 40% of salary as EMI.
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How Do Banks Calculate Home Loan Eligibility Based on Salary?
Indian banks and NBFCs use a standardised method called FOIR — Fixed Obligation to Income Ratio — to determine how much home loan you can get on your salary. Here is exactly how the calculation works:
Step 1 — Determine your net take-home salary. Banks use your net monthly income after tax and PF deductions, not your gross CTC. If your CTC is ₹12 lakh per year but your take-home is ₹80,000/month, the bank uses ₹80,000.
Step 2 — Apply the FOIR limit. Most banks cap total EMI outgo at 40–50% of your net income. For a ₹80,000 salary at 50% FOIR, the maximum total EMI you can have is ₹40,000/month.
Step 3 — Subtract existing EMIs. If you already pay ₹8,000/month on a car loan, only ₹32,000 is available as a home loan EMI. This is why clearing existing loans before applying significantly boosts eligibility.
Step 4 — Reverse-calculate the loan amount. Using the standard EMI formula, the bank calculates the maximum principal for which the monthly EMI equals your remaining capacity. At 8.5% for 20 years, a ₹32,000 EMI capacity translates to a loan of roughly ₹33–34 lakh.
Step 5 — Apply LTV (Loan-to-Value) cap. Banks lend a maximum of 75–80% of the property's registered value, regardless of income. If the property costs ₹40 lakh, the maximum loan is ₹32 lakh even if your income supports a higher amount.
Beyond income, your CIBIL score (minimum 700, ideally above 750), employment stability, age, and the property's legal status all factor into the final sanction. Use the calculator and table above to get a quick estimate, then approach banks with a clear picture of your expected eligibility.
Key Factors That Affect Your Home Loan Eligibility
- Net monthly income: Higher take-home salary directly increases the maximum EMI banks will allow, which increases eligible loan amount.
- Loan tenure: A 30-year loan has a lower monthly EMI than a 20-year loan for the same amount — so longer tenure always increases eligibility.
- Existing obligations: Car loans, personal loans, and even credit card minimum dues reduce your available EMI capacity.
- Co-applicant income: Adding a working spouse or parent as co-borrower combines both incomes, often increasing eligibility by 50–100%.
- CIBIL score: A score above 750 improves your chances of approval and may result in a lower interest rate, which in turn increases the principal you can borrow for the same EMI.
How to Use This Home Loan on Salary Calculator
- 1.Monthly Income: Enter your net take-home pay (after all deductions). For a joint application, enter the combined household income.
- 2.Existing EMIs: Add up all current monthly EMI payments — car loan, personal loan, credit card dues.
- 3.Interest Rate: Use the current rate from your preferred bank (8.5% is a safe baseline for 2026).
- 4.Tenure: Try 20, 25, and 30 years to see how tenure affects your eligible loan amount.
- 5.Cross-check with the table: Use the salary-wise table below the calculator to quickly verify figures across common salary ranges.