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Home Loan Eligibility Calculation: Income, EMI and Down Payment

Are you planning to buy a property? Understanding home loan eligibility is an important step before applying for financing. Illustrative Home Loan Eligibility ExampleNet monthly income: ₹1,00,000Income considered for a new EMI: 75%–85%Illustrative new EMI capacity: ₹75,000–₹80,000Potential home loan amount: