Home Loan Eligibility Calculator — Know Your Maximum Loan Amount
Check your home loan eligibility based on salary age and existing EMIs. Find out the maximum home loan amount banks will approve for you in 2026.
Before visiting any bank branch it is smart to know how much home loan you actually qualify for. Banks use a simple formula based on your monthly income existing loan obligations age and retirement age to decide your maximum loan amount. Generally banks allow up to 60 times your monthly salary as loan amount and keep total EMIs under 50-55% of your net income. Our eligibility calculator considers all these factors so you walk into the bank fully informed and negotiate better terms.
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Key Information
| Parameter | Details |
|---|---|
| Maximum EMI to Income Ratio | 50-55% of net salary |
| Typical Multiplier | 60x monthly income |
| Maximum Age at Maturity | 60-65 years |
| Co-applicant Benefit | Increases eligibility by 50-70% |
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Use Calculator NowFrequently Asked Questions
How much home loan can I get on 50000 salary?
On a monthly salary of Rs 50000 with no existing EMIs you can typically get a home loan of Rs 25-30 lakh with a 20 year tenure at current interest rates. Banks allow EMI up to 50% of net income which means an EMI of around Rs 25000. Adding a working spouse as co-applicant can increase eligibility to Rs 45-50 lakh.
Does my age affect home loan eligibility?
Yes age is a major factor because banks want the loan fully repaid before you turn 60-65. A 25 year old can get a 30 year tenure maximizing the loan amount while a 45 year old may only get a 15-20 year tenure. Younger borrowers therefore qualify for higher loan amounts even at the same salary level.
Do existing loans reduce my home loan eligibility?
Absolutely. Banks calculate your Fixed Obligation to Income Ratio (FOIR) which includes all existing EMIs credit card dues and other commitments. If you already pay Rs 10000 per month in car loan EMI that reduces the EMI budget available for your home loan effectively cutting your eligibility by Rs 8-10 lakh.
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Last updated: 24 March 2026