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Home Loan Eligibility: How Much Loan Can You Get?

On ৳60,000 a month at a 40% DBR you can afford ৳24,000 in EMI, which supports about ৳23,25,157 at 11% over 20 years. Enter your own figures below.

৳

= 60 thousand taka

৳

Total monthly instalments on all other loans. Enter 0 if none.

%
years

= 240 months / 240 instalments

Debt-burden ratio (DBR)

Banks usually allow instalments up to 40–50% of income.

Maximum loan

৳23,25,157

20 years

Monthly income
৳60,000
Affordable EMI
৳24,000
Interest rate
11%
Tenure
20 years
Maximum loan
৳23,25,157
Total interest
৳34,34,843

On ৳60,000 a month you can afford ৳24,000; over 20 years that supports a maximum loan of ৳23,25,157.

The DBR cap differs by bank — some use 40%, others 50%. The bank verifies final eligibility.

How this was calculated
  1. DBR: affordable EMI = ৳60,000 × 40% − ৳0 = ৳24,000
  2. EMI-inverse: max loan = ৳24,000 × [(1+r)ⁿ − 1] ÷ [r × (1+r)ⁿ], r = 11% ÷ 12, n = 240 = ৳23,25,157
  3. Total payment ৳57,60,000, of which interest ৳34,34,843

Calculated at: https://xn--d6bxcvd.xn--54b7fta0cc/en/home-loan-eligibility/

How to use

  1. Enter your monthly income (take-home pay).
  2. Enter all existing monthly instalments, or 0 if none.
  3. Enter the bank's annual interest rate.
  4. Pick the tenure — switch between Years and Months beside it.
  5. Choose a 40% or 50% DBR to see the maximum loan, total interest and the steps.

The eligibility formula

Affordable EMI = monthly income × DBR − existing instalments

Max loan = EMI × [(1+r)ⁿ − 1] ÷ [r × (1+r)ⁿ]

  • r = monthly rate = annual rate ÷ 12 ÷ 100
  • n = number of monthly instalments
  • At 0% interest, max loan = EMI × months

The second formula is the EMI formula solved backwards — from instalment to loan amount.

Example

Default calculation: ৳60,000 monthly income, no existing instalments, 40% DBR, 11% interest, 20 years (240 months).

  1. Affordable EMI = 60,000 × 40% − 0 = ৳24,000.
  2. Monthly rate r = 11 ÷ 12 ÷ 100 = 0.009167.
  3. Max loan = 24,000 × [(1.009167)²⁴⁰ − 1] ÷ [0.009167 × (1.009167)²⁴⁰] ≈ ৳23,25,157.
  4. Total payment = 24,000 × 240 = ৳57,60,000; total interest ≈ ৳34,34,843.

Things to watch

  • DBR differs by bank: some allow 40% of income, others 50%, and salaried and business applicants may face different caps — confirm before applying.
  • Rates are market-based: they vary by bank and loan type, so compare several offers.
  • Down payment: the loan never covers the full flat or land price; usually 20–30% must come from your own funds.
  • Extra costs: processing fees, documentation, insurance and registration are not in the instalment maths.
More: how to raise your eligibility

Clearing small existing loans raises the affordable EMI. A joint application (spouses) counts both incomes. And a longer tenure supports a bigger loan on the same EMI — but costs far more interest, so the shortest tenure you can afford usually wins.

Frequently asked questions

What is DBR?

The debt-burden ratio: how much of your income may go to instalments. Affordable EMI = monthly income × DBR − existing instalments. Banks usually use 40–50%.

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

At a 40% DBR the affordable EMI is ৳24,000. At 11% over 20 years that supports about ৳23,25,157, with about ৳34,34,843 in total interest. Try your own rate and tenure above.

How do existing instalments affect eligibility?

They come straight off the affordable EMI. On ৳60,000 with ৳10,000 of existing instalments, the affordable EMI falls to 24,000 − 10,000 = ৳14,000, roughly halving the maximum loan.

Does a longer tenure mean a bigger loan?

Yes, the same EMI services a bigger loan over more years, but total interest rises steeply. At ৳24,000 a month and 11%, 15 years supports about ৳20,62,000 while 20 years supports about ৳23,25,000 — 5 extra years adds only ~13% more loan.

Is this the bank's final decision?

No, it is an estimate. The bank checks income proof, job stability, credit reports, land papers and its own DBR policy before approving.

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