SBI starts at 8.50%, HDFC at 8.70%, ICICI at 8.75% for salaried applicants with good CIBIL score (750+). Rates are repo-linked and change with RBI policy.

How much home loan can I get on ₹60,000 salary? +

Banks allow 50–55% FOIR (Fixed Obligation to Income Ratio). Available EMI ≈ ₹30,000–33,000. At 9% for 20 years, this translates to ₹33–37 lakhs home loan eligibility.

What is the tax benefit on home loan? +

Section 24(b): up to ₹2L/year deduction on interest paid. Section 80C: up to ₹1.5L/year on principal repayment. Total up to ₹3.5L annual tax deduction on a home loan.

What is LTV ratio in home loan? +

Loan-to-Value: Max 90% for loans under ₹30L, 80% for ₹30L–75L, 75% above ₹75L. Balance is your down payment. Higher down payment = lower EMI and better loan terms.

Fixed or floating rate — which is better? +

Floating rates (currently lower) change with RBI repo rate — beneficial when rates fall. Fixed rates give payment certainty. Most Indian borrowers choose floating as rates have been declining trend over long term.

⚠️ EMI figures are estimates for planning purposes only. Bank rates change frequently. Always verify current rates and terms directly with your lender before applying.

Home Loan Calculator —Instant EMI Result

Home Loan Calculator —
Instant EMI Result