Home Loan Eligibility Calculator

Get the peace of mind by knowing all the details about your loan using HDFC Home Loan Eligibility Calculator

Rs.
Rs. 10 K Rs. 1 Cr
1 30
0 15
Rs.
Rs. 0 Rs. 1 Cr

Your Home Loan Eligibility

Rs.

Looking for more funding/ need some help?

Chat with us

Your Home Loan EMI will be

Rs. /monthly

These calculators are provided only as general self-help Planning Tools. Results depend on many factors, including the assumptions you provide. We do not guarantee their accuracy, or applicability to your circumstances.
NRI should input net income.

How is Home Loan eligibility calculated?

Housing loan eligibility is primarily dependent on the income and repayment capacity of the individual(s).There are other factors that determine the eligibility of home loans such as age, financial position, credit history, credit score, other financial obligations etc.

How to enhance Home Loan eligibility?

The eligibility for home loans can be enhanced by

  • Adding an earning family member as co-applicant.
  • Availing a structured repayment plan.
  • Ensuring a steady income flow, regular savings and investments.
  • Furnishing details of your regular additional income sources.
  • Keeping a record of your variable salary components.
  • Taking actions to rectify errors (if any) in your credit score.
  • Repaying ongoing loans and short terms debts

How to use HDFC’s Eligibility Calculator?

HDFC’s Eligibility Calculator facilitates checking eligibility for housing loans online.

  • Gross Income (Monthly) in Rs : Input gross monthly income. NRI should input net income.
  • Loan Tenure (In Years): Input the desired loan term for which you wish to avail the loan. A longer tenure helps in enhancing the eligibility.
  • Interest Rate (% P.A.): Input HDFC’s prevailing housing loan interest rate. Click here to know the prevailing interest rates
  • Other EMIs (Monthly): Input the EMIs of the other loans you may have

Once you get an indication of your eligibility and EMI amount by using the calculator, you can apply for a home loan online from the comfort of your living room easily with Online Home Loans by HDFC.

Home Loan Eligibility Criteria

  1. Present Age and Remaining Working Years: The age of the applicant plays a major role in determining home loan eligibility. The maximum loan term is generally capped at 30 years.
  2. Financial Position: The present and the future income of applicant(s) has a significant impact on determining the loan amount.
  3. Past and Present Credit History and Credit Score: A clean repayment record is considered positive.
  4. Other Financial Obligations: Existing liabilities such as a car loan, credit card debt, etc.

To apply for a home loan online with HDFC, click

In case you would like us to get in touch with you, kindly leave your details with us. HDFC also offers a facility of a pre-approved home loan even before you have identified your dream home.

These calculators are provided only as general self-help Planning Tools. Results depend on many factors, including the assumptions you provide. We do not guarantee their accuracy, or applicability to your circumstances.

  • When you apply for a home loan, your eligibility is primarily dependant on your income and repayment capacity.
  • There are also some other factors that will determine your home loan eligibility –
    • Your age, financial position, credit history, credit score, other financial liabilities etc.
  • You can enhance your eligibility for a home loan by –
    • Adding an earning family member as co-applicant.
    • Availing a structured repayment plan.
    • Ensuring a steady income flow, regular savings and investments.
    • Furnishing details of your regular additional income sources.
    • Keeping a record of your variable salary components.
    • Taking actions to rectify errors (if any) in your credit score.
    • Repaying ongoing loans and short terms debts.

Lets Chat!