Home loan in NCR: how much you can borrow, and your EMI
By Shubham Giri, Rangeela Estate · Facts checked 13 October 2026
Before you fall in love with a flat, know two numbers: how much the bank will lend you, and the EMI you can pay comfortably every month.
How much the bank lends on the property
RBI caps the loan as a share of the property value (the loan-to-value limit):
| Loan amount | Maximum loan |
|---|---|
| Up to ₹30 lakh | 90% of the value |
| ₹30 lakh to ₹75 lakh | 80% of the value |
| Above ₹75 lakh | 75% of the value |
The rest is your down payment. Add stamp duty, registration and builder extras, which you usually pay yourself too (see the total cost guide).
How much you can borrow on your income
Banks look at your income and the EMIs you already pay. As a rough guide, many lenders want your total EMIs, including the new one, to stay around half of your monthly income or below. Your credit score, age and job also matter.
Tip: Check your credit score before you apply. A good score can get you a lower interest rate, and a lower rate saves lakhs over 20 years.
Tips that save money
- Compare at least 3 lenders on interest rate, processing fee and prepayment rules.
- A shorter loan means a higher EMI but much less interest in total.
- Prepay a little every year when you can. Floating-rate home loans for individuals usually have no prepayment penalty.
- For under-construction flats, the bank pays the builder in stages; you pay interest only on the amount released until possession.
Questions buyers ask
How much home loan can I get on a ₹60 lakh flat?
Up to 80% of the value under RBI rules, so up to ₹48 lakh, if your income supports the EMI. The remaining ₹12 lakh, plus stamp duty and registration, is your own contribution.
How is EMI calculated?
EMI = P × r × (1+r)^n ÷ ((1+r)^n − 1), where P is the loan, r is the monthly interest rate (yearly rate ÷ 12 ÷ 100) and n is the number of months. The calculator on this page does it for you.
Does the home loan cover stamp duty and registration?
Usually not. These are paid from your own money, so plan for them along with the down payment.