Eligibility

How much home loan can I get on a Rs 50,000 salary?

Lenders do not start from the property price. They start from how much EMI your salary can absorb, and work backwards.

On a net take-home of Rs 50,000 a month you can usually borrow about Rs 28.81 lakh as a 20-year home loan at 8.5%. Lenders cap all your EMIs at roughly 50% of net income, which allows an EMI of Rs 25,000; at 8.5% over 20 years that instalment supports a principal of about Rs 28,80,771. Any car or personal loan EMI you already pay comes straight off that Rs 25,000.

Worked out 2026-09-04 (IST) · 50% FOIR, 8.5% rate, 20-year tenure, no other running EMI

Loan amount by salary

At 8.5% and a 50% FOIR cap, with no other EMI running. Read down to your take-home.

Indicative home loan sanction by net monthly salary (Rs)
Net monthly salary	Max EMI (50% FOIR)	Loan over 15 yrs	Loan over 20 yrs	Loan over 30 yrs
Rs 30,000	15,000	15,23,245	17,28,463	19,50,805
Rs 40,000	20,000	20,30,994	23,04,617	26,01,073
Rs 50,000	25,000	25,38,742	28,80,771	32,51,341
Rs 60,000	30,000	30,46,491	34,56,925	39,01,609
Rs 75,000	37,500	38,08,113	43,21,156	48,77,012
Rs 1,00,000	50,000	50,77,485	57,61,542	65,02,682
Rs 1,50,000	75,000	76,16,227	86,42,313	97,54,023
Rs 2,00,000	1,00,000	1,01,54,969	1,15,23,084	1,30,05,364

What an existing EMI costs you

FOIR is applied to all your obligations together, so a running loan shrinks the home loan pound for pound.

Rs 50,000 salary, 20-year home loan at 8.5%
Existing EMI	Headroom left	Home loan you can get
None	Rs 25,000	Rs 28,80,771
Rs 3,000	Rs 22,000	Rs 25,35,078
Rs 5,000	Rs 20,000	Rs 23,04,617
Rs 8,000	Rs 17,000	Rs 19,58,924
Rs 12,000	Rs 13,000	Rs 14,98,001

The rule in one line. Eligibility = (net salary × FOIR − existing EMIs) ÷ the EMI that Rs 1 lakh of loan costs. At 8.5% over 20 years, Rs 1 lakh of loan costs Rs 868 a month — that single number lets you do the whole calculation in your head.

Check your own numbers

Enter your income, existing EMIs and the rate you have been quoted to get your own eligibility figure.

Loan Eligibility CalculatorIncome, existing EMIs and rate to the loan amount a lender will sanction.

Frequently asked

Does the bank use gross salary or net salary?

Net take-home, after PF, professional tax and TDS — not CTC. A Rs 50,000 CTC-per-month package often nets Rs 40,000-43,000 in hand, which cuts eligibility by roughly the same proportion. Always run the calculation on the figure that actually lands in your account.

How do I increase my home loan eligibility?

Four levers, in order of effect: add an earning co-applicant (their income adds to the FOIR base); close small personal or consumer-durable loans, since each EMI comes straight off your headroom; lengthen the tenure, which raises eligibility but costs far more interest; and improve your credit score before applying, since a 0.5% lower rate lifts the sanctioned amount by about 5%.

Does a longer tenure get me a bigger loan?

Yes. The same Rs 25,000 EMI supports about Rs 28,80,771 over 20 years but about Rs 32,51,341 over 30 years — roughly 13% more. The catch is that the 30-year loan costs far more interest in total, and most lenders will not extend the tenure past your 60th birthday.

What property price does that loan support?

RBI caps loan-to-value at 90% below Rs 30 lakh and 80% from Rs 30-75 lakh. A sanction of about Rs 28.81 lakh therefore fits a property of roughly Rs 33.89 lakh, and you fund the rest, plus stamp duty and registration of 5-8%, from your own savings.

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