How Much Home Loan Can I Get on My Salary?

Financial institutions consider many factors while approving a home loan. The two most important are your current financial obligations and repayment capacity, both of which depend on your salary.

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Which Salary is Considered for Home Loan Approvals?

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What is the Maximum Amount of Home Loan you can Get?

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Step #1

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Step #2

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Tips to Increase Your Home Loan Eligibility

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Tips #1

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Tips #2

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Tips #3

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Tips #4

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Tips #5

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Check your Home Loan Eligibility Now!

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How Much Home Loan Can I Get on My Salary?

Financial institutions consider many factors while approving a home loan. The two most important are your current financial obligations and repayment capacity, both of which depend on your salary.

Which Salary is Considered for Home Loan Approvals?

Financial institutions will consider your in-hand salary, excluding allowances like medical, travel etc., for Home Loan approval.

What is the Maximum Amount of Home Loan you can Get?

Here’s how you can calculate your Home Loan eligibility:

Step #1

Check the PNB Housing Eligibility Calculator

Step #2

Enter your Home Loan amount, tenure, rate of interest and other existing EMIs

You will get your monthly EMIs and eligible loan amount.

Tips to Increase Your Home Loan Eligibility

Tips #1

Apply jointly, as the co-applicant’s salary also gets counted for loan approval.

Tips #2

Try and secure a job in a reputable company.

Tips #3

Do not switch jobs frequently as it reflects your work stability

Tips #4

Pay off your existing loans

Tips #5

Pay utility and credit card bills on time

Check your Home Loan Eligibility Now!