Home Loan Eligibility Calculator — Calculations & Slabs for FY 2026-27

Banks typically use the Fixed Obligation to Income Ratio (FOIR) to determine eligibility. Most lenders cap your monthly home loan EMI at 50% of your net monthly income after subtracting existing obligations (like other EMIs or loans). This ensures full compliance with the latest regulations, allowing you to estimate values correctly and avoid common filing errors.

FOIR stands for Fixed Obligation to Income Ratio. It is the percentage of your monthly income that goes toward paying debt obligations. A lower FOIR indicates higher disposable income and increases your chances of getting a larger loan amount approved.

Salaried individuals are often viewed as having more stable income streams, allowing lenders to stretch the FOIR up to 50%. Self-employed individuals may face more stringent audits, and their disposable income calculations might exclude non-cash expenses, occasionally resulting in a slightly lower eligibility ceiling.

You can increase eligibility by: adding a co-applicant (e.g. spouse) to pool incomes, paying off existing short-term loans to reduce monthly obligations, selecting a longer tenure (up to 30 years) to lower the EMI, or declaration of additional income sources like rentals.

You can verify the values against the official notifications listed in our data sources section at the bottom of the page.