Question: How much home loan can I get on 60000 salary?

How much loan can I get if my salary is 60000?

However, if you are deliberating on the loan amount with how much loan I can get on a 60,000 salary, the approved amount should be close to Rs. 16.20 lakhs....Multiplier Method.SalaryExpected Personal Loan AmountRs. 40,000Rs. 10.80 lakhsRs. 50,000Rs. 13.50 lakhsRs. 60,000Rs. 16.20 lakhs2 more rows•Apr 8, 2020

How much home loan can I get on 75000 salary?

Similarly, if your salary is ₹ 75,000, you might get eligible for a loan amount of ₹ 86,15,773 to ₹ 1,01,25,165 for the same property at the same rate depending on your age at the time of loan application. However, SBI asks for a net monthly income of ₹ 40,000 to avail a home loan.

How much house can I afford 70k salary?

According to Brown, you should spend between 28% to 36% of your take-home income on your housing payment. If you make $70,000 a year, your monthly take-home pay, including tax deductions, will be approximately $4,328.

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