Your details
About the Home Affordability Calculator
Most buyers start with a property they like and then ask whether the loan will stretch. This calculator runs the question the other way round, which is the way that avoids heartbreak: given what you earn and what you have saved, what price bracket should you be shopping in?
It applies both real constraints at once — the EMI your income can service, and the cash you have for the down payment plus stamp duty — and reports whichever binds first. The upfront cash figure is the one people underestimate, because stamp duty and registration of 5–8% sit outside the loan entirely.
The formula
The lower of the two ceilings is your real budget.
Things worth knowing
Frequently asked questions
A widely used rule is that the property should cost no more than five times your annual household income, with the EMI under 40% of take-home pay. Beyond that, other financial goals get squeezed for two decades.
Stamp duty and registration of 5–8%, brokerage of around 1%, society transfer charges, GST on under-construction property, and interiors. Budget an extra 10% of the property value beyond your down payment.
Explore every calculator
55 free tools across loans, tax and investments — all with the full working shown.