Home loan eligibility calculator
Enter your take-home pay and existing EMIs. See how much you could borrow, and the RBI limit for the home you want.
- RBI loan-to-value limits
- Existing EMIs counted
- Free, no sign-up
A home loan can save tax
Interest and principal on a home loan can reduce tax, depending on your regime and whether you live in the home.
Questions people often ask
How much tax can a home loan save?
In the old regime, up to ₹2 lakh of interest a year on a home you live in (section 24) and up to ₹1.5 lakh of principal under 80C.
Does a joint loan help?
Yes. Each co-owner who's also a co-borrower can claim their own share, so a couple can claim up to twice as much.
How lenders decide your loan
Two limits; the lower one applies.
- Your income: all EMIs within a share of take-home pay.
- The tenure: up to 30 years, ending by retirement.
- The RBI limit: 90%, 80% or 75% of the home's value.
Last reviewed 9 October 2026. The rules in this calculator come from these official sources.
- Master Circular – Housing Finance (RBI/2022-23/16), section 3: loan-to-value limits Reserve Bank of India
Common questions
How is home loan eligibility worked out?
Lenders cap all your EMIs at a share of take-home pay, often 40% to 60%. The largest loan is the one whose EMI fits in what's left after existing EMIs, over the longest tenure you can get.
How much home loan can I get on a ₹1 lakh salary?
With ₹1 lakh take-home, no other EMIs, a 50% limit, 8.5% and 30 years, about ₹65 lakh, with an EMI of ₹50,000.
What is the RBI loan-to-value limit?
Banks can lend up to 90% of the home's value for loans up to ₹30 lakh, 80% for loans above ₹30 lakh to ₹75 lakh, and 75% for loans above ₹75 lakh. You pay the rest as a down payment.
Do stamp duty and registration count in the home's value?
No. RBI rules exclude them from the value used for the loan limit (except for homes up to ₹10 lakh), so budget for them separately.
How can I borrow more?
Add a co-applicant's income, close small loans first, choose a longer tenure, or improve your credit score for a better rate.
Does age affect eligibility?
Yes. Most lenders want the loan repaid by around 60 to 70, so the tenure, and the loan, get shorter as you get older.
