Home Affordability

Find out the maximum property price you can afford based on your income, existing debt, and downpayment savings.

Your Finances

Net Monthly Income (Take-home) (₹)

Existing Monthly EMIs (₹)

Car loan, personal loans, credit card EMIs.

Cash Available for Downpayment (₹)

Expected Loan Terms

Interest Rate (% p.a.)

Loan Tenure (Years)20

Maximum House Budget

₹50,33,079

With a Max monthly EMI of ₹35,000

Max Eligible Loan Amt

₹40,33,079

Interest: 8.5%Tenure: 20 Yrs

Downpayment Savings

₹10,00,000

Your out-of-pocket cash.

Note: Banks usually only lend up to 80-90% of property value. Your max budget might be constrained by your downpayment rather than loan eligibility.

The 50% Rule (FOIR): Banks typically allow your total monthly debt payments (existing EMIs + proposed home loan EMI) to be a maximum of 50% to 60% of your net monthly income.

Hidden Costs: Remember to keep an extra 5-8% of the property value aside for Stamp Duty, Registration, and Brokerage fees. Do not use 100% of your savings for the downpayment.

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