Home loan on ₹1,00,000 salary: the short answer
With a take-home salary of ₹1,00,000 a month and no other loans, most banks would lend about ₹57.62 lakh for 20 years at 8.5%, keeping your EMI at ₹50,000 (50% of income). With a 30-year tenure that rises to ₹65.03 lakh.
| Tenure | EMI at 40% of income | At 50% | At 60% |
|---|---|---|---|
| 10 years | ₹32.26 lakh | ₹40.33 lakh | ₹48.39 lakh |
| 15 years | ₹40.62 lakh | ₹50.77 lakh | ₹60.93 lakh |
| 20 years | ₹46.09 lakh | ₹57.62 lakh | ₹69.14 lakh |
| 25 years | ₹49.68 lakh | ₹62.09 lakh | ₹74.51 lakh |
| 30 years | ₹52.02 lakh | ₹65.03 lakh | ₹78.03 lakh |
What changes the amount
- Existing EMIs come straight off the limit. A ₹10,000 car EMI cuts your home loan by about ₹11.52 lakh.
- Co-applicant: adding a spouse’s or parent’s income raises the limit.
- Credit score: 750+ gets the best rates; a lower rate raises eligibility too.
- Age: banks usually want the loan repaid by 60–70, which limits tenure for older borrowers.
Down payment
RBI caps the loan at 90% of the property value up to ₹30 lakh, 80% up to ₹75 lakh and 75% above. Stamp duty and registration (6–8% in most states) are not financed. Add your savings in the calculator to see the home price you can afford.
Questions people ask
How much home loan can I get on ₹1,00,000 salary?
About ₹57.62 lakh for 20 years at 8.5%, if the bank allows an EMI of 50% of income and you have no other loans. At 40% it would be ₹46.09 lakh.