# Home Loan Eligibility Calculator

Source (interactive calculator): https://hyderabadhomeloans.com/income-eligibility-calculator/

Estimate how much home loan you can get from your income, age and existing EMIs — and the property budget it supports.

Lenders size a home loan by how much EMI you can comfortably pay. They look at your income after tax, the EMIs you already pay, your age (the loan must end before retirement) and your CIBIL score. This calculator follows the same logic to give you an indicative range.

## What the calculator assumes

- All your EMIs together — including the new home loan — stay within 65% of your net monthly income (75% if your gross income is above ₹1 lakh a month)
- The loan ends by age 58 for private-sector employees, 60 for government employees and 70 for the self-employed
- Maximum tenure of 30 years for salaried and 20 years for self-employed applicants
- Interest at LIC HFL’s current starting rate (7.15%) unless you change it

These are our working assumptions, not LIC HFL policy. LIC HFL decides your final eligibility after reviewing your documents, property and credit report.

## How to improve your eligibility

- Add an earning co-applicant — spouse, parent or child
- Close small loans or credit-card EMIs before you apply
- Choose a longer tenure if your age allows it
- Keep your CIBIL score high — the best scores get LIC HFL’s best rate

## FAQs

### Is eligibility calculated on gross or net salary?

On net (take-home) income, after tax and statutory deductions. Regular variable pay may be considered on an average of past months.

### Can I add my spouse’s income?

Yes. Adding a co-applicant’s income is the most common way to raise eligibility. Usually the co-applicant must also be a co-owner of the property.

### How is self-employed income assessed?

Usually on the average of the last 2–3 years’ income as per ITR, along with bank statements and business proof.



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Hyderabad Home Loans — authorised DSA of LIC Housing Finance Ltd since 2002. Free eligibility check: https://hyderabadhomeloans.com/. Phone / WhatsApp +91-8886249998.