Home Loan Eligibility Calculator
Find out how much home loan you're eligible for based on your income and existing obligations. Updated for 2026 bank norms.
Calculate Your Eligibility
Your Eligibility
Max Eligible Loan
Max Monthly EMI
Property Budget
(Loan + 20% down payment)
Recommended Pune Areas for Your Budget
* Based on FOIR norms. Actual loan amount depends on CIBIL score, employer category, age, and individual bank policy. Get a free pre-approval check →
Eligibility Quick Reference (8.75%, 20 years)
| Net Monthly Salary | No Existing EMI | ₹10,000 Existing EMI | ₹20,000 Existing EMI |
|---|---|---|---|
| ₹50,000 | ₹25.2 L | ₹19.8 L | ₹14.3 L |
| ₹75,000 | ₹37.8 L | ₹32.3 L | ₹26.9 L |
| ₹1,00,000 | ₹50.4 L | ₹44.9 L | ₹39.5 L |
| ₹1,50,000 | ₹75.6 L | ₹70.2 L | ₹64.7 L |
| ₹2,00,000 | ₹1.01 Cr | ₹95.4 L | ₹89.9 L |
| ₹3,00,000 | ₹1.51 Cr | ₹1.46 Cr | ₹1.40 Cr |
Assuming 45% FOIR. Actual eligibility varies by bank and CIBIL score.
Get a Free Pre-Approval
Our home loan partner will check your eligibility across 10+ banks and tell you the best rate — in 24 hours, no impact on CIBIL.
WhatsApp for Pre-ApprovalHow It Works
- 1 Banks calculate your FOIR (Fixed Obligation to Income Ratio) — the % of income going to EMIs.
- 2 Max monthly home loan EMI = (Net Income × FOIR%) − Existing EMIs
- 3 Max loan = Max EMI ÷ monthly rate factor (based on tenure and interest rate).
- 4 Property budget = Loan + 20% down payment (banks typically fund up to 80%).
Frequently Asked Questions
How much home loan can I get on ₹1 lakh salary?
With a net monthly salary of ₹1 lakh and no existing EMIs, you are eligible for approximately ₹50–54 lakhs at 8.75% for 20 years. This assumes 45% FOIR. With a ₹15,000 existing EMI, eligibility drops to about ₹41–45 lakhs.
Which bank gives the highest home loan in Pune?
Most major banks offer similar eligibility based on FOIR norms. However, SBI and HDFC often give the highest amounts for salaried employees with CIBIL 750+. For self-employed, Bank of Baroda and Axis Bank tend to be more flexible.
Does a joint home loan increase eligibility?
Yes, significantly. Adding a co-applicant (spouse, parent) combines incomes. A couple earning ₹80,000 + ₹60,000 = ₹1.4 lakh joint income is eligible for approximately ₹70 lakhs — far more than either applicant alone.
How does CIBIL score affect home loan eligibility?
A CIBIL score above 750 qualifies you for the best rates (8.40–8.70%). Below 700, banks may reject or charge 0.50–1.00% higher rates, which significantly reduces eligibility. Maintaining zero late payments for 12+ months before applying is advisable.