Home Loan Eligibility Calculator
Before applying for a massive housing loan, banks assess your repayment capacity using a Home Loan Eligibility Calculator. The core metric banks look at is your FOIR (Fixed Obligation to Income Ratio). Generally, banks allow up to 50-60% of your net monthly income to go towards EMIs.
SBI & HDFC Home Loan Criteria
Top lenders like SBI and HDFC look at your net monthly salary, existing EMIs, and age. Our calculator simulates the exact underwriting logic used by these banks. By inputting your salary and existing obligations, it instantly outputs the maximum loan amount you qualify for, and the corresponding EMI at current interest rates.