Home Affordability Calculator
Find out the home loan amount and EMI you can comfortably afford in Pune, based on your monthly income, expenses and tenure — using the same FOIR-style formula banks use.
Based on your info
Eligible Loan Amount
₹40,33,079
Your Estimated EMI
₹35,000
*Estimates assume 8.5% interest and 50% of disposable income toward EMI. Final eligibility is decided by the lender.
How it works
A three-step calculation banks use every day:
- 1
Calculate disposable income
Monthly income minus all fixed monthly expenses including existing EMIs.
- 2
Allocate up to 50% as EMI
Most Indian banks cap the EMI at around 40–55% of disposable income (FOIR rule).
- 3
Reverse-calculate loan amount
From the maximum EMI, interest rate and tenure, we compute the principal you qualify for.
Why use it
Bank-grade formula
Uses the same FOIR-style logic that SBI, HDFC and ICICI use to evaluate your home loan eligibility.
Instant EMI estimate
See your monthly EMI and total eligible loan amount in real time as you change your inputs.
No login or paperwork
Free to use, no signup required. Your numbers stay on your device.
Tuned for Indian buyers
Designed around typical Pune incomes, 8.5% interest rates, and 5–30 year loan tenures.
5 ways to boost your eligibility
- Add a co-applicant (spouse or parent) to pool incomes.
- Close personal loans and credit-card debt before applying.
- Choose a longer tenure to reduce the EMI burden.
- Pay a higher down payment to lower the loan needed.
- Improve your CIBIL score above 750 for better rates.
- Show stable employment with the same employer for 2+ years.
Frequently asked questions
Ready to apply with the right bank?
Our team works with 20+ partner banks to get you the best rate, pre-approval and end-to-end documentation — for free.