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How Much Home Loan Can I Get On 60000 Salary ?

1 Answer
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Nabh Dhawan

The amount of a home loan you can get on a 60,000 salary is determined by a variety of factors, including your credit score, existing debts, and expenses. Lenders typically use a formula that limits your monthly housing costs to approximately 28% of your gross monthly income. Based on this, you may be eligible for a loan of up to 18-20 lakhs, but its best to speak with a lender or financial advisor to get a more accurate estimate based on your specific circumstances.

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