Yes! It is possible to obtain a home loan if your monthly salary is Rs. 35000. I can say this with conviction because a few months back I availed of a home loan with a salary of Rs. 35000 from TATA Capital. So I can help you with your question: Can I Get a Home Loan With a 35,000 Salary? From my experience, I can say that, depending on your eligibility, you can obtain a home loan of up to Rs. 27,00,000 for a salary of Rs. 35,000.
How Much House Loan Can I Get on 35000 Salary?
Your eligibility for a home loan is based on your net in-hand pay, which can be up to 60 times your net monthly earnings. The table below displays the total amount of my house loan,
Net Monthly Income | Rs. 35000 |
Age | 30 |
Loan Tenure | 20 years |
Other EMIs | 0 |
Interest Rate | 9 % |
Loan Amount | Rs. 27,00,000 |
Several criteria will affect your loan, including your income, age, number of dependents, employment status, existing assets and debts, credit score, and credit history. Therefore, it is essential to verify with the bank to see how much you qualify for.
Avail Home Loans at Low Interest Rate through NoBroker’s Home Loan Service
Read More:
How Much Home Loan Can I Get on 28000 Salary?
Your Feedback Matters! How was this Answer?
Shifting, House?
✔
Lowest Price Quote✔
Safe Relocation✔
Professional Labour✔
Timely Pickup & Delivery
Intercity Shifting-Upto 25% Off
Check Prices
Intracity Shifting-Upto 25% Off
Check Prices
City Tempo-Upto 50% Off
Book Now
Authors Of The Question
With a 35K salary, am I eligible for a home loan in Pune?
AvinashK
315 Views
1 Answers
4 Year
2020-08-28T20:34:34+00:00 2024-12-27T09:01:26+00:00Comment
Share