Home Loan Eligibility Calculator: What You Need to Know


When it comes to securing your dream home, understanding your eligibility for a home loan is crucial.

For many aspiring homeowners, especially those with informal incomes, navigating the world of housing finance can be challenging. This is where Shubham.co comes into play. As a leader in providing housing finance solutions, Shubham has revolutionized the industry by transitioning from document-based underwriting to customized credit programs tailored to each customer. Here's everything you need to know about using a home loan eligibility calculator and how it can benefit you.

The Importance of Home Loan Eligibility Calculators

A home loan eligibility calculator is a powerful tool that helps you determine the loan amount you are eligible for based on various factors such as income, expenses, and credit score. This calculator provides an estimate, giving you a clearer picture of what you can afford and helping you plan your finances better. For those with informal incomes, like many of Shubham's customers, this tool is invaluable in bridging the gap between their financial realities and their homeownership dreams.

Factors Affecting Home Loan Eligibility

Several factors influence your eligibility for a home loan:

  1. Income: Regular and stable income increases your eligibility. However, Shubham.co considers informal income, making it easier for those without formal income proof to secure a loan.

  1. Credit Score: A good credit score reflects your creditworthiness and improves your chances of getting a loan.

  1. Age: Younger applicants may have a longer repayment tenure, enhancing their eligibility.

  1. Existing Liabilities: Current debts and financial obligations can affect the loan amount you qualify for.

  1. Property Value: The value of the property you intend to purchase can influence the loan amount.

How to Use a Home Loan Eligibility Calculator

Using a home loan eligibility calculator is straightforward:

  1. Enter Your Details: Provide information about your income, expenses, age, and loan tenure.

  1. Include Informal Income: Shubham.co allows you to include informal income, providing a more accurate assessment for those with non-traditional earnings.

  1. Calculate: The calculator will process your data and provide an estimate of the loan amount you can qualify for.

Benefits of Using a Home Loan Eligibility Calculator

  1. Clarity and Planning: It gives you a clear idea of your borrowing capacity, helping you plan your home purchase better.

  1. Time-Saving: By understanding your eligibility beforehand, you can avoid unnecessary loan applications and rejections.

  1. Budgeting: It helps in budgeting and financial planning by showing the potential EMI (Equated Monthly Installment) you will need to pay.

Why Choose Shubham.co for Your Home Loan Needs

As a housing finance company, Shubham.co stands out for its innovative approach to home loan financing, particularly for those with informal incomes. Here are some reasons why you should consider Shubham:

  • Customized Credit Programs: Unlike traditional lenders, Shubham offers tailored credit solutions that fit your unique financial situation.

  • Affordable Home Loans: Shubham focuses on providing affordable home loans, making homeownership accessible to a wider audience.

  • Wide Network: Whether you're looking for a home loan finance company in Pune or anywhere else in India, Shubham's extensive network ensures you get the support you need.


Navigating the home loan landscape can be daunting, especially for those with informal incomes. However, with Shubham.co's home loan eligibility calculator and their personalized approach to credit, securing an affordable home loan has never been easier. As a leading home loan agency, Shubham is committed to helping you realize your dream of homeownership with ease and confidence. So, whether you're in Pune or any other part of India, trust Shubham.co to be your partner in this important journey.

Explore the possibilities today and take the first step towards your dream home with Shubham.co – the leader in housing finance solutions.