Before house hunting, it is vital to know the exact loan amount banks will approve based on your verifiable disposable income.

What is FOIR (Fixed Obligation to Income Ratio)?

Banks do not allow your total monthly debt obligations (including your new home loan EMI) to exceed 50% to 60% of your net monthly in-hand income. The remaining 40-50% is reserved for living expenses.

How to Boost Your Home Loan Eligibility

• Add a Co-Applicant: Adding an earning spouse or family member pools income, dramatically increasing the sanctioned loan amount.
• Clear Existing Short-Term Debts: Paying off outstanding credit card EMIs and personal loans frees up your FOIR headroom.
• Opt for Longer Initial Tenure: Choosing a 25 or 30-year tenure lowers monthly EMI, allowing higher principal approval. You can prepay aggressively later.

Simulate your capacity with our Loan Eligibility Calculator.