Home Loan Eligibility Calculator

Banks cap the loan tenure so that it ends on or before your retirement age — typically 60 for salaried borrowers and 65 for self-employed. The shorter the remaining working years, the shorter the maximum tenure, which raises the EMI required for a given loan amount and reduces the overall principal you qualify for.

• A 30-year-old salaried borrower can take a 30-year tenure (retires at 60).
• A 45-year-old salaried borrower is capped at 15 years.
• A 50-year-old self-employed borrower is capped at 15 years (retires at 65).

A few lenders offer specialty senior-citizen loan products that extend tenure beyond the standard retirement cap if there's a younger co-applicant or pension income, but the rates are usually 50-100 bps higher.

Yes — three effective strategies, in roughly descending order of impact:

• Add a co-applicant. Spouse, parent, or sibling with stable income adds their salary into the FOIR calculation. A working spouse with a ₹60K net salary added to your ₹80K can lift eligibility by 60-70%.
• Close or restructure existing EMIs. A ₹10,000 personal loan EMI eats into your FOIR headroom. Closing it or refinancing into the home loan itself (top-up at home-loan rates) directly converts that ₹10K into roughly ₹12-14 Lakh of extra eligibility.
• Extend tenure (within age cap). Going from 20 to 30 years on the same FOIR cap can lift eligibility by 25-30%, though it inflates lifetime interest.

A higher CIBIL score (750+) also unlocks the upper FOIR slabs at most lenders, and a longer employment history at a stable company moves you into a better borrower category.

Eligibility is the maximum loan amount you qualify for on paper, based on income, age, obligations, and rate — a soft pre-check that any calculator can do. Approval (or sanction) is a binding offer after the bank verifies your salary slips, IT returns, bank statements, employment continuity, property documents, legal/technical valuation, and CIBIL score.

The final sanctioned amount can be lower than the eligibility number because of:

• Property valuation — banks lend a fixed LTV (typically 75-90%) of the lower of agreement value and the lender's valuation report.
• Company category — some employers fall into a lower-tier bucket that reduces the FOIR or income multiple.
• Documentation gaps — variable pay, recently-changed jobs, or inconsistent IT returns can shave the figure.

Always use eligibility as the ceiling for your property search; expect final sanction to be 5-15% lower.

CIBIL score (range 300-900) is the single biggest non-income factor in home loan approval. Most lenders require a minimum of 750 for prime rates; 700-749 typically lands you a 25-50 bps higher rate; below 650 usually means rejection at major banks (or referral to a specialty lender at 12-14% rates).

A high CIBIL score also unlocks better FOIR treatment — super-prime borrowers (800+) can sometimes get up to 70% FOIR at HDFC, ICICI, and Axis, which materially raises eligibility on the same income. Conversely, even with a great salary, a poor CIBIL can override the income-based calculation entirely and result in rejection.

Get a free CIBIL check directly from cibil.com before applying; correct any errors (closed accounts shown as open, settled-as-default tags, identity mix-ups) before triggering hard inquiries.