Home Loan Eligibility 2026 — How Much Can You Get?
Before applying for a home loan, know exactly how much you can borrow based on your income and existing EMIs.
Eligibility by Salary (No Existing EMIs, CIBIL 750+)
| Net Monthly Salary | Approx Max Home Loan |
|---|---|
| ₹30,000 | ₹15–18 lakh |
| ₹50,000 | ₹25–30 lakh |
| ₹75,000 | ₹38–45 lakh |
| ₹1,00,000 | ₹50–60 lakh |
| ₹1,50,000 | ₹75–90 lakh |
| ₹2,00,000 | ₹1–1.2 crore |
The Formula Banks Use
Maximum EMI = 50% of net monthly income minus existing EMIs. At 8% rate for 20 years, ₹10,000 eligible EMI ≈ ₹10 lakh loan amount.
How to Increase Your Eligibility
- Add a co-applicant (spouse or parent) — combined income increases eligibility significantly
- Close small existing loans before applying
- Extend tenure to 30 years to reduce EMI requirement
- Improve CIBIL above 750 — opens higher loan amounts and better rates
- Compare multiple lenders — different banks assess income differently