How Much Home Loan Can I Get on My Salary in Hyderabad? 2026 Calculator

The Formula Banks Use

Banks calculate your maximum loan eligibility using FOIR — Fixed Obligation to Income Ratio. FOIR is the percentage of your gross monthly income that goes toward EMIs (existing + proposed new loan).

Maximum FOIR limits by lender type:

Eligibility Formula:

Maximum EMI you can afford = Gross Monthly Income × FOIR limit − Existing monthly EMIs

Maximum Loan = Derived from this EMI using the home loan EMI formula at the prevailing rate and chosen tenure.

Salary-to-Home-Loan Table (April 2026)

Assumptions: CIBIL 750+, no existing EMIs, 20-year tenure, rate 8.5%, FOIR 50%.

| Monthly Salary | Max Monthly EMI | Max Home Loan |

|---|---|---|

| ₹30,000 | ₹15,000 | ~₹15.3 Lakh |

| ₹50,000 | ₹25,000 | ~₹25.6 Lakh |

| ₹75,000 | ₹37,500 | ~₹38.4 Lakh |

| ₹1,00,000 | ₹50,000 | ~₹51.2 Lakh |

| ₹1,50,000 | ₹75,000 | ~₹76.8 Lakh |

| ₹2,00,000 | ₹1,00,000 | ~₹1.02 Crore |

| ₹3,00,000 | ₹1,50,000 | ~₹1.54 Crore |

*Note: These are indicative maximum amounts. Actual amounts depend on the lender, property value (LTV limits), CIBIL score, and existing obligations.*

How Existing EMIs Reduce Your Eligibility

If you have an existing car loan EMI of ₹15,000/month and earn ₹1,00,000/month:

This is why paying off smaller existing EMIs before applying for a large home loan significantly increases your eligibility.

How to Increase Your Home Loan Eligibility

Add a co-applicant (most impactful): Adding a working spouse or parent as co-applicant combines both incomes for FOIR calculation. A couple earning ₹60,000 + ₹40,000 = ₹1,00,000 combined income unlocks ~₹51 lakh eligibility.

Choose a longer tenure: A 25-year tenure vs 20-year reduces the monthly EMI for the same loan amount, fitting more within FOIR. At 8.5%, a ₹50L loan: 20 years = ₹43,391 EMI; 25 years = ₹40,260 EMI. The lower EMI means more loans fit within FOIR.

Show all income sources: Variable pay (confirmed via Form 16 / IT assessment), rental income (rental agreement + bank credits), and freelance income (ITR + bank statement) can all be added if declared in returns.

Clear small EMIs first: Closing a ₹5,000/month vehicle loan frees up ₹5,000 in EMI capacity — that translates to ~₹4.8 lakh additional home loan eligibility.

Use our EMI calculator on the home loan page to model exactly how different salary/EMI/tenure combinations affect your eligibility. Or WhatsApp us — we calculate it in under 5 minutes.