Home Loan Eligibility Calculator

Easy Access | Amortisation Schedule | Intuitive Functionality

Home Loan EMI Calculator

PMAY Subsidy Calculator

Net Income (monthly)

10,000 1 Crore

Tenure

1 year 30 years

Rate of Interest

9.55% 19.55%

Other EMIs (monthly)

0 1 Crore

Your Eligibility
Your Home Loan EMI will be

Getting a home loan depends on many factors, including your age, monthly income, credit score, financial status, etc. Before applying for a home loan (HL), you can check your eligibility using Poonawalla Fincorp’s home loan eligibility calculator.

What is aHome Loan (HL) Eligibility Calculator?

An HL eligibility calculator is an online tool that helps you determine your eligibility for a home loan and compute the EMIs on your loan.

Calculation of Eligibility

Age
Monthly income or financial status
Credit score
Credit history
Other financial obligations

Eligibility Criteria

Age : Minimum age limit for self-employed or salaried individuals is 21 years. The maximum age limit is 65 years.
Income : A salaried individual must make a minimum of Rs.20,000 per month, while a self-employed individual must have a business income of Rs.3,00,000 per annum.
Loan tenure : Maximum of 30 years
Credit history : Should have a record of regular repayments of existing loans and a good credit score
Other criteria : A person’s other financial obligations such as credit card balance, car loan, personal loan, etc., are also considered.

How to Use HL Eligibility and EMI Calculator?

Using Poonawalla Fincorp’s online Home loan eligibility checker is straightforward. Input the following details in the calculator to get your home loan eligibility: