Home Loan Eligibility for ₹1,25,000 Salary

On a ₹1,25,000 monthly salary with no other EMIs, you are eligible for a home loan of about ₹72,01,927 at an 8.5% interest rate over a 20-year tenure. Banks cap your total EMIs at roughly 50% of income (the FOIR rule), so up to ₹62,500 a month can go toward the EMI — which supports that loan. With a 20% down payment this funds a property worth around ₹90,02,409.

FOIR (Fixed Obligation to Income Ratio) is the share of your monthly income that goes toward all EMIs. Most lenders allow a FOIR of 50–60%; this calculator uses a conservative 50%. On ₹1,25,000, that is ₹62,500 a month available for a home-loan EMI (less if you have car/personal-loan or credit-card EMIs). The bank then works backward from that EMI, the interest rate and the tenure to your maximum loan.

Four levers raise eligibility: (1) choose a longer tenure — 20 years instead of 10 materially increases the eligible loan (see the table above); (2) clear existing EMIs to free up FOIR; (3) add a co-applicant (spouse/parent) to pool incomes; (4) include eligible variable pay or rental income. A higher credit score (750+) can also fetch a lower rate, which raises the loan a given EMI can service.

It funds a property of roughly ₹90,02,409 (loan ₹72,01,927 + 20% down) at current rates. Whether that is "enough" depends on your city and the down payment you have saved. Remember to budget for stamp duty and registration (5–8% of value) and to keep total EMIs within ~40% of income for comfort, even though banks allow up to 50%.