How much home loan can you actually get?
Banks work it out from your take-home pay, the EMIs you already carry, your age and the property value. This does the same calculation, and tells you which of those is holding your number back.
You could borrow up to
₹28.8 L
- Room for a new EMI
- ₹25,000
- Left to live on
- ₹25,000
- ₹25,000/month
- 20 years
Indicative only. Final sanction, interest rate and loan amount are at the lender’s sole discretion.
How this is calculated
Lenders cap all your EMIs together at a share of your monthly income — 45% at lower incomes, rising to about 60% at higher ones. Whatever is left after your existing EMIs is what a new home loan can use. That monthly figure is converted into a loan amount at your interest rate and tenure, then capped again by how much of the property value can be financed (90% under ₹30 lakh, 80% up to ₹75 lakh, 75% above) and by the years remaining before you retire. The lowest of those ceilings is your answer.
One call. A straight answer.
Tell us what you earn and what you are buying. On that same call we will tell you which lender is likely to say yes, at what rate, and what it will cost you — in Tamil or in English.
Not sure where you stand?
Request a callback to discuss your plans, suitable lenders and the costs to consider before applying.