Capital First Home Loan Eligibility

Capital First Home Loan Eligibility Calculator is a helpful financial tool which will help you to calculate your Capital First Home Loan Eligibility in a second. To use Capital First Home Loan Eligibility Calculator you have to put important things which are your current salary amount, savings, or if you pay any EMI, where you currently work, your CIBIL Score etc. If you are planning for Capital First Home Loan apply online it is advisable to use Capital First Home Loan Eligibility Calculator before. When you are availing a Capital First Home Loan Eligibility will be higher if you apply with a co-applicant.

Factors that affects your Capital First Home Loan Eligibility Calculator

You can check your Capital First Home Loan Eligibility Online easily in a second by just clicking a button. The minimum Capital First Home Loan Eligibility Calculator is based on your CIBIL Score which is 650. The Capital First Home Loan Eligibility minimum salary is Rs. 25,000. Capital First Home Loan Eligibility Calculator will help you to calculate your EMI based on your inputs so here are the factors which will affect your Capital First Home Loan Eligibility Calculator.

• Age

  The applicant’s age is important on Capital First Home Loan Eligibility criteria. The age group for Capital First Home Loan Eligibility is 21 to 65 years old. The younger you are there are much chance that you are more eligible for a Capital First Home Loan. You will even get offers if you are applying for a Capital First Home Loan in younger age. Because you’re Capital First Home Loan Eligibility is higher when you are applying it in younger age.

• Credit Score

  Your Credit Score matters a lot on your Capital First Home Loan Eligibility. If you have high Credit Score that means your Capital First Home Loan Eligibility is high and if you have low Credit Score your Capital First Home Loan Eligibility is low. Your Credit Score depends on how you pay your Home Loan. To make your Credit Score high you need to repay your Home Loan Capital First Home Loan Eligibility on time.

• Job Stability

  Your employment stability matters a lot on your Capital First Home Loan Eligibility. If you are a salaried person your employer also matters and if your employer is in the CAT A list your Capital First Home Loan Eligibility will be high. And if you are working there more than two years your Capital First Home Loan Eligibility will be higher. And if you are self-employed you must run your business at least for five years to have a higher Capital First Home Loan Eligibility. And if you are working with a top notch company you salary is also high and if you are in a high position that means you will have a bright career ahead so your Capital First Home Loan Eligibility will be high.

• Existing Debt

  If you are someone who has existing debt on his neck your Capital First Home Loan Eligibility is comparatively low. As you are already paying EMIs on those and if you are taking a new one this can be your liability and you won’t get any loan if your existing loans has already consumed 40% your monthly income.

• Geographical Location

  Geographical locations matters a lot on your Capital First Home Loan Eligibility as if you are from metro city you have higher Capital First Home Loan Eligibility than someone from rural areas. Also some financial institution has red marked on some places so if you are from one of those places your Capital First Home Loan Eligibility can be lower.

• LTV

  In Capital First Home Loans financial institutions only fund 75% to 90% of the total cost of the house. The maximum home loan value of your property or LTV is specified by RBI in below:

  • 90% LTV for loans up to Rs. 30 lakh for buying affordable segment homes
  • 80% LTV for loans above Rs. 30 lakhs and up to Rs. 75 lakhs
  • 75% LTV for loans above Rs. 75 lakhs

Capital First Home Loan EligibilityCriteria

Benefits of Capital First Home Loan Eligibility Calculator

• You can save your valuable time by just clicking a button in a second you just have to put the important information to know your Capital First Home Loan Eligibility.
• You can check your Capital First Home Loan Eligibility on Capital First Home Loan Eligibility Calculator for many times.
• Capital First Home Loan Eligibility Calculator is completely free so you don’t have to pay charges to calculate your Capital First Home Loan Eligibility.
• Capital First Home Loan Eligibility Calculator is a self-help planning tool.