Home Loan Eligibility calculator
How to Use the Truhome Finance Home Loan Eligibility Calculator?
The Truhome Finance Home Loan Eligibility Calculator is free to use and just takes a few simple steps:
Step 1
Visit the website and go to the eligibility calculator.
Step 2
Enter the information required like income, tenure and rate of interest.
Step 3
The calculator will immediately display the amount you can get with the home loan.
After viewing the amount, you can plan accordingly to apply for the Truhome Finance Home loan
Looking for a Home Loan?
EMI Starting from ₹1,185 per month
Frequently Asked Questions (FAQs)
What factors influence eligibility for a home loan with Truhome Finance?
Factors that determine eligibility for a home loan with Truhome Finance include your age, income and employment stability, credit score, any existing loans, down payment, property valuation and the loan's tenure.
Can I check my home loan eligibility online with Truhome Finance?
Yes, you can check your home loan eligibility with the help of the Truhome Finance online home loan eligibility calculator.
What is the minimum and maximum age for eligibility at Truhome Finance?
With Truhome Finance, the minimum age is 25 years, and the maximum age can vary between 65-70 years at the time of loan maturity.
Does Truhome Finance consider my credit score for home loan eligibility?
Yes, Truhome Finance takes your credit score into consideration as eligibility criteria. A good credit score can positively impact your eligibility.
Is there a minimum income requirement for eligibility with Truhome Finance?
Yes, Truhome Finance requires applicants to have a minimum income of Rs. 30,000 per month to be eligible for a home loan.
Can I apply for a joint home loan to increase my eligibility criteria?
Yes, you can apply for a joint home loan with a co-applicant, such as a family member (parents, spouse, siblings and children), to enhance your eligibility.
Can I get a home loan if I have other existing loans?
Yes, you can apply for a home loan if you have other existing loans. However, it may reduce your eligibility, as it impacts your debt-to-income ratio.
What documents are required to check home loan eligibility with Truhome Finance?
Documents are not required to check eligibility for home loan with Truhome Finance. You only have to enter the required information such as your monthly income, loan amount, tenure, other EMIs and rate of interest into the Truhome Finance online calculator to know your eligibility.
Can I transfer my home loan to Truhome Finance to access better eligibility terms?
Yes, you can transfer your home loan to Truhome Finance with the help of a balance transfer for improved terms.
Can my eligibility change over time with Truhome Finance?
Yes, your home loan eligibility may change as your financial circumstances, income, and expenses change over time.
