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Home loan eligibility calculator

Your home loan eligibility is capped by two separate limits: how much EMI your income can support, and how much a bank can lend against the property's value (LTV). This calculator estimates both and shows which one binds.

Method and assumptions: how this is calculated

Your details

₹80,000
₹0
50%

This is an assumption for estimation. Actual lender limits vary — see the FOIR calculator.

8.5%
20 years
Not entered

Enter this to also check RBI's Loan-to-Value limit. Leave at 0 to see income-based eligibility only.

Estimated eligibility

Estimated eligible loan amount ₹0
Based on income
Income-based capacity₹0
Estimated EMI at this amount₹0
An estimate, not a sanction. This calculator combines two general rules — an assumed FOIR ceiling and RBI's published LTV limit — to estimate eligibility. It does not know your credit score, employment type, existing relationship with a bank, or that specific lender's own policy, all of which materially affect real eligibility. No FOIR or LTV calculation guarantees a loan will be approved for this amount.
Worried about rejection? Check what a lender would flag.

Want a higher eligibility?

Your estimate above is the result. This is what is actually limiting it — and what would move it, using the same figures you entered.

Home Loan EMI Calculator FOIR Calculator Read the FOIR guide DTI Calculator How much home loan on ₹50,000 salary? Home loan eligibility: the full picture Loan Prepayment Calculator Home loan prepayment: how much can you save? How much loan on ₹50,000 salary? Credit score for a home loan

Two separate limits, not one

Home loan eligibility is usually the lower of two independent checks:

  • Income-based capacity — how much EMI your income can support without breaching a FOIR ceiling, converted into a loan principal at your chosen rate and tenure.
  • Loan-to-Value (LTV) — a regulatory cap on how much of the property's value a bank can lend against. RBI's Master Direction sets LTV ceilings that vary by loan size: up to 90% for loans up to ₹30 lakh, up to 80% for ₹30-75 lakh, and up to 75% above ₹75 lakh.

Clearing one check does not guarantee clearing the other. A high earner can still be capped by LTV on an expensive property; someone with a modest income can be capped by FOIR even on a cheap one.

How this calculator works

Income-based loan = principal supported by (Income × Assumed FOIR − Existing EMIs) at your chosen rate and tenure, using the standard EMI formula solved for principal.
LTV-based loan = the largest loan L with L ≤ (RBI LTV percentage for a loan of size L) × property value.
Eligible amount = the lower of the two.

How the LTV band is chosen: RBI's bands are keyed to the loan amount, not the property value — and the loan amount is what we're solving for. This calculator resolves that by finding the largest loan that is still permitted by the band it would itself fall into, rather than reading a band off the property value. Near a band boundary the ceiling can therefore be held at ₹30 lakh or ₹75 lakh across a range of property values; where that happens the calculator says so, and the percentage shown is the result of that ceiling rather than one of RBI's published band figures.

Why the down payment matters

If your eligible loan amount is less than the property value, the difference is the minimum you would need to fund yourself — as a down payment, existing savings, or another source. Increasing your down payment doesn't change your FOIR-based capacity, but it does ease the LTV constraint, since you're borrowing a smaller share of the property's value.

FAQ

Common questions

Why is my eligible amount lower than what my income suggests?
If a property value is entered, your eligibility may be capped by RBI's LTV limit rather than your income. Check which figure — income-based or LTV-based — is shown as the binding constraint above.
Can I increase my eligibility?
On the income side: reduce existing EMIs, add a co-applicant's income, or choose a longer tenure (which lowers the EMI for the same loan amount). On the LTV side: increase your down payment, since LTV limits how much of the property value can be borrowed, not the property's affordability itself.
Does this account for my credit score?
No. Credit score doesn't appear in the FOIR or LTV formula directly, but it strongly influences the interest rate a lender actually offers you, and can affect their willingness to lend near the maximum FOIR or LTV limit at all.
Is the RBI LTV limit the same at every bank?
The RBI limit is a ceiling — banks cannot lend more than it allows, but many are more conservative. Always confirm the specific LTV a lender will offer for your property and profile.
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