For an example in the above given home loan requirement
an individual having a net salary of Rs.10000
can easily be elegible for a loan amount of Rs. 200000
having a loan period of 240 months (20 years)
at the rate of interest of 10%
paying a loan EMI of Rs.1930 (approx)
which is less than 50% of his net take away income.
For the above given criteria an individual can get a home loan upto Rs.510000 having a home loan EMI of Rs.4922 approx.