What Can You Afford?
Calculate your home loan, car loan and investment potential based on salary
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Home Loan Eligibility
You can get a home loan of up to
₹42.0 Lakhs
Max EMI you can afford: ₹25,000/month
Home worth: ₹50.4 Lakhs (with 20% down payment)
Assuming 8.5% interest, 20 year tenure
Car Loan Eligibility
You can comfortably afford
₹5.1 Lakhs car loan
Max EMI: ₹10,000/month
Recommended cars:
Used cars under ₹5L: Swift, i10, Beat
5 year loan tenure assumed
SIP Investment Projection
If you invest ₹6,000/month in SIP:
5 Years
₹4.9L
10 Years
₹13.9L
At assumed 12% annual return
Mutual fund investments subject to market risk
Monthly Money Map
Your ₹50,000/month breakdown:
Actual savings possible: ₹20,000/month
⚠️ Disclaimer: These are estimates based on general financial guidelines (50-30-20 rule, EMI ratios). Actual loan eligibility depends on credit score, existing EMIs, and bank policies. Consult a financial advisor for personalized advice.
Salary to Home Loan Calculator India — What Can You Afford on Your Salary?
Wondering what lifestyle your salary can support? Our affordability calculatorinstantly shows you how much home loan, car loan, and investments you can afford based on your monthly income.
Bank Rules for Loan Eligibility:
- Home Loan: Max 50% of monthly salary as EMI (FOIR ratio)
- Car Loan: Max 20% of salary towards car EMI
- Total EMI: Should not exceed 60% of net monthly income
Investment Recommendations:
- SIP in Equity Mutual Funds: 30% of savings for long-term wealth (12% expected return)
- Emergency Fund: Keep 6 months expenses in FD or liquid fund
- PPF/EPF: For retirement planning with tax benefits
Pro Tip: Always calculate your affordability BEFORE house hunting or car shopping. People who pre-calculate their budget save an average of ₹2-5 lakhs by avoiding expensive mistakes!