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How Much Home Loan Can You Get?
Calculate your exact home loan eligibility based on your monthly income, existing EMIs, and employment type. Updated with 2025 bank FOIR policies.
Your actual eligibility may be higher
We help clients get 10–20% higher loan amounts by choosing the right bank and structuring income documents correctly.
How Home Loan Eligibility is Calculated in India
Indian banks calculate your home loan eligibility primarily based on your Fixed Obligation to Income Ratio (FOIR). This is the percentage of your monthly income that goes towards EMIs. Most banks allow FOIR between 40–55% depending on your income level and credit profile.
Formula: Maximum EMI = Net Monthly Income × FOIR percentage. Then, Loan Eligibility = Maximum EMI × ((1+r)ⁿ – 1) / (r × (1+r)ⁿ)
FOIR Limits by Bank in India (2025)
| Bank | FOIR for Income <₹50K | FOIR for Income ₹50K–1L | FOIR for Income >₹1L |
|---|
| SBI | 40% | 50% | 55% |
| HDFC Bank | 45% | 50% | 55% |
| ICICI Bank | 40% | 50% | 55% |
| Axis Bank | 40% | 50% | 55% |
| LIC HFL | 40% | 50% | 55% |
| PNB Housing | 45% | 50% | 55% |
How to Increase Your Home Loan Eligibility in Pune
- Add a co-applicant: Adding your spouse as a co-applicant can increase eligibility by 40–60% if they are also earning.
- Clear existing loans: Paying off personal loans or car loans before applying removes those EMIs from your FOIR, directly increasing your eligible loan amount.
- Improve your CIBIL score: A score above 750 unlocks higher FOIR limits and lower interest rates simultaneously.
- Show additional income: Rental income, freelance income, and bonus income can be included with proper documentation at certain banks.
- Choose a longer tenure: A 30-year tenure gives a lower EMI, which means a higher loan amount stays within FOIR limits.
- Work with HomeLoanPune.in: We know which banks have the most favourable FOIR policies for your specific income and employment profile.
Minimum Income for Home Loan in Pune
₹20,000/month → eligible for ≈ ₹12L loan
₹40,000/month → eligible for ≈ ₹24L loan
₹75,000/month → eligible for ≈ ₹45L loan
₹1,00,000/month → eligible for ≈ ₹60L loan
₹1,50,000/month → eligible for ≈ ₹95L loan
₹2,00,000/month → eligible for ≈ ₹1.3Cr loan
*Estimates at 8.5% p.a., 20-year tenure, 50% FOIR, no existing EMIs. Actual eligibility depends on credit score, employment type, and bank policy.