Before visiting SBI, HDFC or ICICI, estimate how much home loan you can afford. Banks use FOIR (Fixed Obligation to Income Ratio) — typically 50–60% of net income for all EMIs combined. Pitara's home loan eligibility calculator India computes max loan and indicative EMI from your income, existing EMIs, tenure and rate.
FOIR explained
If net income is ₹1,00,000/month and FOIR is 50%, total EMIs can be up to ₹50,000. Existing car or personal loan EMIs reduce what is left for a new home loan EMI.
Calculate eligibility
- Open Home Loan Eligibility Calculator.
- Enter monthly income and existing EMIs.
- Set tenure, interest rate and FOIR %.
- Review max eligible loan — then refine with EMI Calculator.
Add stamp duty estimate from Property Registration Cost Calculator. Indicative only — bank approval depends on credit score, property value and LTV norms.
Frequently Asked Questions
What FOIR do banks use?
Often 50–60% of net income for total EMIs — adjust in the calculator.
Does co-applicant income count?
Enter combined net monthly income for joint applications.
Is this bank approval?
No — indicative estimate; banks use credit score, LTV and property valuation.
How is max loan calculated?
From available EMI capacity using standard loan amortization formula.
Try it free
Use our Home Loan Eligibility Calculator tool — runs in your browser, no upload required.
Open Home Loan Eligibility Calculator