ZenMarg calculator

Home Loan Eligibility Calculator

Estimate a broad borrowing range from income, existing EMIs and an editable FOIR example. This is a rough indication, not a sanction or offer.

Your inputs

Net monthly incomeCo-applicant net monthly income (optional)Existing monthly EMIsInterest rate (example %)Tenure in yearsShare of income lenders may allow for EMIs (FOIR %)Lenders set their own limit, often depending on income level. 50% is an example, not a rule.

The estimate uses: (total income × FOIR) − existing EMIs. A lender may use a different income definition or include other obligations.

Get a lender-wise eligibility review

How this is calculated

The calculator applies the inputs you provide to the relevant loan formula and shows an illustrative result. It does not account for every lender policy, fee, tax, insurance or property-specific condition.

Assumptions

FOIR is editable and shown as an example, not a universal rule.
Lenders also assess credit score, age, employment, obligations and the property.
Property budget uses indicative RBI loan-to-value bands: 90% up to ₹30 lakh, 80% from ₹30–75 lakh and 75% above ₹75 lakh.

Frequently asked questions

What is FOIR?

FOIR is the share of income a lender may consider available for total EMIs. Each lender sets its own approach.

Does a co-applicant increase eligibility?

It may, where the co-applicant income is documented and the lender accepts the relationship and profile.

Is this a sanction amount?

No. It is an illustration using the inputs provided and does not account for every lender or property condition.

Continue exploring

Home loan eligibility guide Get a lender-wise eligibility review

Estimate only. Not a loan offer or approval. Your lender's figures may differ.