The Home Loan Eligibility Calculator estimates the maximum loan amount you can get based on your income, existing EMIs and loan parameters.
Lenders mainly look at your income, existing obligations, age, credit score, and the proportion of income that can go toward an EMI, then estimate the maximum loan you can comfortably repay.
There is no fixed figure; lenders typically allow your total EMIs to be around 40 to 50% of your monthly income. Higher income and a clean credit history raise your eligibility.
Yes. A higher credit score improves your chances of approval and can get you a better interest rate, while a low score may reduce the amount offered or lead to rejection.