Title | How Much Home Loan Can I Get on a 60,000 Salary? |
URL | https://www.everydayloanindia.com/blogs/how-much-home-loan-can-i-get-on-60000-salary/ |
Category | Finance and Money --> Loans |
Meta Keywords | how much home loan can i get on 60000 salary, home loan, home loan on 60000 salary |
Meta Description | With a monthly salary of ₹60,000, you can typically qualify for a home loan ranging between ₹30-40 lakh |
Owner | EverydayLoanIndia |
Description |
With a monthly salary of ₹60,000, you can typically qualify for a home loan ranging between ₹30-40 lakh, depending on factors such as your credit score, existing liabilities, and the lender's terms. Most lenders offer a loan amount that is 50-60% of your monthly income, ensuring that your Equated Monthly Installment (EMI) remains manageable. It's important to maintain a good credit score and low debt-to-income ratio to maximize the loan amount you can secure.
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