Calculate, compare, understand, decide

Home Affordability Calculator

Estimate an illustrative home budget, loan, EMI, upfront cash and remaining monthly cash flow from your household finances and editable planning limits.

Interest rates, prices, premiums and other defaults below are editable examples, not current market data. Replace them with your own quotes and current local prices.

Your householdHousehold take-home income₹/monthRegular monthly expenses (excluding current rent)₹Current EMIs₹/monthMoney available for down payment and purchase costs₹

LoanHome loan interest rate%/yearLoan tenuremonthsStamp duty, registration and other purchase costs% of price

Use the Stamp Duty calculator for your state's rates.

Monthly ownership costs (society maintenance, property tax)₹/month

Editable planning assumptionsPlanning limit: all EMIs as a share of take-home%

Your comfort limit, not lender eligibility.

Planning limit: loan as a share of price%

Lender loan-to-value limits vary by loan size and lender.

Smart result

Your estimate will appear here

—based on your details

Change any editable assumption, calculate, then review the steps, assumptions and limitations before deciding.

How this estimate works

Your EMI limit is the smaller of your EMI-share limit minus current EMIs and cash left after expenses and ownership costs. It is turned into a loan, then the highest price is found where your money covers the unborrowed share plus purchase costs within your loan-share limit.

Formula

EMI limit = min(income × EMI share − EMIs, income − expenses − EMIs − ownership)
Loan = EMI × (1 − (1 + r)^−n) ÷ r
Price = min((money + loan) ÷ (1 + costs), money ÷ (1 + costs − loan share))

Limitations

Not lender approval; lenders apply their own income, age, credit and property rules.
Purchase costs are one percentage you enter.
Floating rates can change.

Data used

No official dataset is used. Every rate, price and premium is entered by you or is a labelled, editable assumption.

Methodology Data sources My Decision Report

Rent vs buyCompare renting and buying over the same period with equal cash, including loan payments, purchase and selling costs, upkeep, rent growth and investing the difference.Stamp duty & registrationEstimate stamp duty, registration and other purchase charges from the rates you confirm for your state, with guidance-value and fee-cap handling.Home loan EMICalculate home loan EMI, total interest and total payments with a year-by-year reducing-balance amortization schedule.Home maintenance costBudget monthly, yearly and multiyear home upkeep from society charges, utilities, property tax, repairs and replacement reserves you can see and edit.

Frequently asked questions

Why might my budget be limited by my savings rather than income?+

Lenders rarely finance the full price, and stamp duty and registration are usually paid from your own money. If your cash cannot cover those, it limits the price.

Does this include stamp duty?+

Only through the purchase cost percentage you enter. Use the Stamp Duty & Registration calculator for a closer figure.

How accurate is this home affordability estimate?+

It will provide an indicative estimate based on your inputs and the stated assumptions. Actual results can vary by location, equipment, tariff, and usage.

Can I use the result to make a purchase?+

Use it as a starting point, then confirm current prices, specifications, eligibility, and site requirements with a qualified provider.