Home loan Eligibility Calculator

Calculate the maximum loan amount you can avail.

10k 2.5Lac

INR
0 2.5Lac

INR
1 30

Yrs

Home Loan Eligibility Calculator

Eligible Loan Amount

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Loan EMI

MAX LOAN TENURE

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Disclaimer: The eligibility calculation is the best case scenario based on the declared income, obligations, income segment and loan product.
All loans at the sole discretion of Hero Housing Finance Ltd.

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Home loan are the funds borrowed from a financial institution on interest for purchasing a new property/plot/construction/upgrading a property. It is a long term loan with tenor up to 20 years depending on the age of the applicant. The loan is repaid with EMI every month. The property is taken as a security by the financing company for the loan being provided and original property documents are held with the financer. 

Balance transfer refers to transferring an existing home loan of one bank/NBFC/HFC to another bank/NBFC/HFC with or without further loan. 
 

Age limit : salaried – 21 to 65 , self employed – 21 to 70
Work experience of salaried – minimum 2 years , self employed – minimum 3 years

 

A way to check home loan eligibility is by using an online home eligibility calculator. This calculator instantly calculates the amount you are eligible to borrow.

LAP means Loan Against Property which is a secured loan availed against a commercial or residential property kept as collateral with the lender.

Loan Against Property can be availed on any full constructed residential or commercial property.

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