# Home Loan Eligibility Calculator: Loan by Salary and Age > Home loan eligibility calculator using FOIR: enter take-home pay, current EMIs, age and property value to see the loan you may get and the RBI LTV limit. Source: https://trykosh.com/tools/home-loan-eligibility-calculator Free tool - Loans and credit cards # Home loan eligibility calculator Estimate how large a home loan banks may offer you, based on your income, the EMIs you already pay, your age and the property's value. Rules checked 25 October 2026Free - no sign-upRuns in your browser Home loan you may be eligible for INR 51,20,017 INR 51.2 lakh over 28 years, EMI INR 40,000 EMI you can carry**INR 40,000** Tenure**28 years** LTV limit on this property**INR 64,00,000** Combined net income INR 1,00,000 x FOIR 50% INR 50,000 − Existing EMIs INR 10,000 EMI available for the home loan INR 40,000 Loan that EMI supports INR 51,20,017 RBI LTV limit (80% of INR 80 lakh) INR 64,00,000 Down payment needed (before stamp duty) INR 28,79,983 Eligible loan (lower of the two) INR 51,20,017 Eligibility by tenure Tenure Eligible loan EMI 10 years INR 32,26,179 INR 40,000 15 years INR 40,61,988 INR 40,000 20 years INR 46,09,234 INR 40,000 25 years INR 49,67,543 INR 40,000 28 years INR 51,20,017 INR 40,000 Your income is the limit. A co-applicant's income, a longer tenure or clearing an existing loan raises it. ## Upload your statement and Kosh does this for you. Upload a bank or card statement and Kosh finds every EMI and card charge, then builds the fastest way out of debt that still fits your month. [Start free](/signup?via=tool-home-loan-eligibility-calculator) ## How the home loan eligibility calculator works Lenders first decide how much EMI you can carry using FOIR, the fixed obligations to income ratio. They take your net monthly income, apply a FOIR limit (commonly 40 to 60%, higher for larger incomes), and subtract the EMIs you already pay. What's left is the EMI available for the new home loan. The 50% default is editable because each lender sets its own figure. The tenure is limited by your age. Most lenders want the loan repaid by around 60 for salaried borrowers and 65 to 70 for the self-employed, and offer 30 years at most. The calculator takes the shorter of the two and works out the loan that EMI can repay at your rate. Then the property sets a second limit. RBI caps the loan at 90% of the property's value for loans up to INR 30 lakh, 80% for loans above INR 30 lakh and up to INR 75 lakh, and 75% above that. Stamp duty and registration are left out of the value. Your eligible loan is the lower of the income limit and the LTV limit. Adding a co-applicant's income, usually a spouse or parent who is also a co-owner, raises the EMI capacity. The table shows how eligibility changes with tenure, which helps if your age limits how long you can borrow. Eligible loan = min(PV of (net income x FOIR − existing EMIs) over the tenure, LTV x property value) FOIR share of net income a lender lets go to all EMIs Tenure min(longest tenure offered, retirement age − current age) LTV 90% / 80% / 75% by loan size (RBI) ## Worked example: Rahul and Priya look at a INR 1.2 crore flat in Bengaluru Rahul takes home INR 1.1 lakh and Priya INR 70,000 a month, and they pay a INR 15,000 car EMI. At a 50% FOIR they can carry a INR 75,000 EMI. Rahul is 35, so the loan can run 25 years, and at 8.4% their income supports INR 93,92,619. But on a INR 1.2 crore flat RBI's 75% cap limits the loan to INR 90,00,000, so they need INR 30 lakh down plus stamp duty, and their EMI would be INR 71,865. Home loan you may be eligible for INR 90,00,000 INR 90 lakh over 25 years, EMI INR 71,865 EMI you can carry**INR 75,000** Tenure**25 years** LTV limit on this property**INR 90,00,000** Combined net income INR 1,80,000 x FOIR 50% INR 90,000 − Existing EMIs INR 15,000 EMI available for the home loan INR 75,000 Loan that EMI supports INR 93,92,619 RBI LTV limit (75% of INR 1.2 crore) INR 90,00,000 Down payment needed (before stamp duty) INR 30,00,000 Eligible loan (lower of the two) INR 90,00,000 The property's value, not your income, is the limit here: RBI caps how much of it a bank can lend. [Load this example into the calculator ->](?income=110000&co=70000&existing=15000&rate=8.4&age=35&property=12000000#calculator) ## Good to know - Lenders look at your credit score as closely as your income. Late payments or high card utilisation can shrink an offer or raise the rate. - Closing a small personal or consumer loan before applying frees up FOIR. Every INR 10,000 of EMI cleared adds roughly INR 12 lakh of eligibility on a 25-year loan at 8.5%. - Variable pay and bonuses are often counted only partly. Self-employed borrowers are assessed on income shown in ITRs, usually averaged over two or three years. - Eligibility is the most a bank will lend, not what you should borrow. Use the home affordability calculator to set a comfortable budget. ## Frequently asked questions How much home loan can I get on a INR 1 lakh salary? With INR 1 lakh take-home pay, no other EMIs, a 50% FOIR, 8.5% interest and a 25-year tenure, roughly INR 62 lakh. Existing EMIs, a shorter tenure due to age or a lower FOIR reduce it. What is FOIR in a home loan? FOIR (fixed obligations to income ratio) is the share of your net monthly income that a lender allows to go towards all EMIs, including the new loan. Banks commonly use 40-60%, depending on your income level and profile. Does age affect home loan eligibility? Yes. Most lenders want the loan to end by around 60 for salaried borrowers, so a 45-year-old may get only 15 years. A shorter tenure means a smaller loan for the same EMI. Can a co-applicant increase my home loan eligibility? Yes. A co-applicant's income is added to yours when working out the EMI capacity. Lenders usually require the co-applicant to be a close family member and often a co-owner of the property. How much down payment do I need for a home loan? At least 10% of the property value for loans up to INR 30 lakh, 20% for loans between INR 30 lakh and INR 75 lakh, and 25% above that, under RBI's LTV rules. Stamp duty and registration come on top and are not funded. ## Sources and assumptions - [Reserve Bank of India](https://www.rbi.org.in/) Rules and rates last checked on 25 October 2026. Results are estimates for planning and education, not tax, legal or investment advice. Kosh is an educational financial planning tool by Primedepth Labs. It is not a SEBI-registered investment adviser and does not offer personalised investment advice, hold your money or execute trades. Markets carry risk; read scheme documents carefully and consult a registered adviser before acting.