Home Loan Eligibility Calculator

Input your monthly take-home salary after all deductions. This is your net in-hand income per month.

Enter the total of all your current monthly EMIs like car loans, personal loans, or credit card payments.

Enter the current home loan interest rate offered by your bank. Typical rates range from 8% to 10% per annum.

Click the "Check Eligibility" button. The tool instantly calculates the maximum home loan amount you qualify for.

Fixed Obligation to Income Ratio is the percentage of your monthly income that banks allow for all EMI payments combined. The standard FOIR used is 55%.

Banks take 55% of your salary as maximum EMI capacity, subtract existing EMIs, and calculate the loan amount using the remaining surplus over 30 years.

Most banks offer a maximum home loan tenure of 30 years. A longer tenure reduces your monthly EMI and increases the total eligible loan amount.

A higher monthly salary directly increases your eligible loan amount. Even a small salary increment can significantly boost your borrowing capacity.

Current loans reduce your eligibility. Closing small loans before applying for a home loan can substantially increase the amount you qualify for.

Lower interest rates mean lower EMIs for the same loan amount. Even a 0.5% rate reduction can increase your eligibility by lakhs of rupees.

Adding a working spouse or parent as a co-applicant combines both incomes, significantly boosting your total home loan eligibility amount.

A CIBIL score above 750 shows banks you are a reliable borrower. Good credit scores can help you get higher loan amounts at lower interest rates.

Younger applicants can get longer tenures, increasing eligibility. Banks typically require the loan to be repaid before retirement age of 60–65 years.

Banks fund up to 75–90% of the property value as a loan. Your eligibility amount also depends on the cost of the property you are purchasing.

While 55% is standard, some banks offer 60–65% FOIR for high-income individuals with excellent credit histories and stable government jobs.

Getting a pre-approval letter from a bank gives you a clear budget before house hunting. It strengthens your negotiating position with sellers.

Uses the real bank formula with 55% FOIR to give you the most accurate eligibility estimate that matches actual bank calculations.

Calculates using the maximum standard home loan tenure of 30 years to show you the highest possible loan amount you can get.

Accounts for your current loan obligations to give a realistic eligibility figure. No overestimation of your borrowing capacity.

No payment or account required. The Ease Tools Home Loan Eligibility Calculator is completely free for everyone to use.

One-click copy to clipboard saves your results. Easily share your eligibility amount with family or your financial advisor.

All calculations happen in your browser. Your salary and financial information are never stored or sent to any server.

Check your eligibility on any device. The responsive design works perfectly on phones, tablets, and desktop computers.

Get your eligibility instantly without loading screens. Click calculate and see your maximum loan amount in under a second.

Displays amounts in Indian numbering format with lakhs and crores for easy reading. No confusing million/billion conversions needed.