Home Loan Eligibility Calculator Chandigarh – Check Instantly

🔹 How It Works:

1. User enters:

   • Date of Birth (for age calculation, retirement age max 60).

   • Gross Monthly Income.

   • Existing EMI.

   • Tenure (years).

   • Interest Rate.

2. Script calculates:

   • Maximum possible tenure based on 60 years retirement.

   • Net income available for EMI (60% of disposable income rule).

   • Loan eligibility using standard EMI formula.

3. Shows Eligible Loan Amount in ₹ + Eligible Tenure.