Home Loan Eligibility for ₹75,000 Salary
On a ₹75,000 monthly salary with no existing EMIs, you are eligible for a home loan of about ₹43,21,156 at an 8.5% interest rate over 20 years (50% FOIR) — up to ₹37,500 of your income can service the EMI. With a 20% down payment that funds a property worth about ₹54,01,446.
Last updated: 2026-06-03
Max eligible loan
₹43,21,156
at 8.5% over 20 years
Property you can buy
₹54,01,446
loan + 20% down payment
EMI you can afford
₹37,500/mo
50% FOIR of ₹75,000
₹75,000 salary — eligibility by tenure
| Tenure | Max EMI | Eligible loan |
|---|---|---|
| 10 years | ₹37,500 | ₹30,24,543 |
| 15 years | ₹37,500 | ₹38,08,113 |
| 20 years (typical) | ₹37,500 | ₹43,21,156 |
| 25 years | ₹37,500 | ₹46,57,071 |
| 30 years | ₹37,500 | ₹48,77,012 |
A longer tenure raises the eligible loan because the same ₹37,500 EMI is spread over more months — though you pay more total interest.
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Important: This calculator provides estimates based on the inputs and assumptions you provide. Results are mathematical projections, not financial advice or recommendations. Actual outcomes will vary based on market conditions, policy changes, individual circumstances, and factors not captured by this tool. Verify all figures independently and consult qualified professionals before making financial decisions.
NISM XIX-C certified · Partner, Tykhe Ventures (SEBI AIF Cat II) · Founder, RupayWise
Ganesh Kompella is NISM Series XIX-C certified — the certification for Alternative Investment Fund managers — and a Partner at Tykhe Ventures, a SEBI-registered Category II AIF (~$20 M AUM). He's a self-taught engineer who built RupayWise and its 230+-test calculation engine because India's finance tools were built to sell products, not to help you decide. RupayWise is an educational platform — not a SEBI-registered Investment Adviser.
Frequently Asked Questions — ₹75,000 Salary
How much home loan can I get on a ₹75,000 salary?
On a ₹75,000 monthly salary with no other EMIs, you are eligible for a home loan of about ₹43,21,156 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 ₹37,500 a month can go toward the EMI — which supports that loan. With a 20% down payment this funds a property worth around ₹54,01,446.
What is FOIR and how do banks decide eligibility?
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 ₹75,000, that is ₹37,500 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.
How can I increase my home loan eligibility on a ₹75,000 salary?
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.
Is a ₹75,000 salary enough to buy a home?
It funds a property of roughly ₹54,01,446 (loan ₹43,21,156 + 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%.
Home Loan Eligibility for Other Salaries
Related Resources
Calculators
- EMI Calculator — EMI with prepayment simulator — see how much interest you save and years you reduce.
- Stamp Duty — Calculate stamp duty, registration & total acquisition cost across Maharashtra, Karnataka, Delhi, TN & Telangana.
- PMAY Subsidy — Calculate your PMAY Credit Linked Subsidy Scheme (CLSS) benefit. Find out if you're eligible under EWS, LIG, MIG-I, or MIG-II category and compute the exact subsidy amount and reduced EMI.
Disclaimer: Figures assume a 50% FOIR, no existing EMIs, an 8.5% interest rate, a 20-year tenure and a 20% down payment, computed by RupayWise's tested eligibility engine. Actual eligibility varies by lender, credit score, employer category, age and existing obligations — use the calculator above with your real figures. Educational information, not a loan offer.