Buyers and owners planning borrowing, costs, and home decisions.
EMI Affordability Calculator
Find out the maximum property you can afford based on your monthly income, existing EMIs, and loan terms. See affordable EMI, max loan, down payment, stamp duty, registration charges, and total upfront cost.
How we calculate this - methodology, formulas & sourcesMaximum property price
₹72,01,927
Based on ₹50,000/month EMI capacity
Banks typically allow EMIs up to 50% of net income. Your maximum affordable EMI is ₹50,000/month.
Loan Details
Max loan amount
₹57,61,542
Monthly EMI
₹50,000
Total repayment
₹1,20,00,000
Total interest
₹62,38,458
Upfront Costs
Down payment (20%)
₹14,40,385
Stamp duty (6%)
₹4,32,116
Registration (1%)
₹72,019
Total upfront
₹19,44,520
You need ₹19,44,520 upfront to buy
For a ₹72,01,927 property, you'll need ₹14,40,385 as down payment plus ₹5,04,135 for stamp duty and registration. Over 20 years, you'll pay ₹62,38,458 in interest (108% of loan amount).
Total cost breakdown
Loan Amortisation - Balance, Principal & Interest
| Year | Balance | Principal |
|---|---|---|
| 1 | ₹56,46,874 | ₹1,14,668 |
| 2 | ₹55,22,071 | ₹2,39,471 |
| 3 | ₹53,86,236 | ₹3,75,306 |
| 4 | ₹52,38,394 | ₹5,23,148 |
| 5 | ₹50,77,485 | ₹6,84,057 |
| 6 | ₹49,02,352 | ₹8,59,190 |
| 7 | ₹47,11,740 | ₹10,49,802 |
| 8 | ₹45,04,279 | ₹12,57,263 |
| 9 | ₹42,78,481 | ₹14,83,061 |
| 10 | ₹40,32,723 | ₹17,28,819 |
| 11 | ₹37,65,244 | ₹19,96,298 |
| 12 | ₹34,74,121 | ₹22,87,421 |
| 13 | ₹31,57,266 | ₹26,04,276 |
| 14 | ₹28,12,404 | ₹29,49,138 |
| 15 | ₹24,37,059 | ₹33,24,483 |
| 16 | ₹20,28,537 | ₹37,33,005 |
| 17 | ₹15,83,906 | ₹41,77,636 |
| 18 | ₹10,99,973 | ₹46,61,569 |
| 19 | ₹5,73,264 | ₹51,88,278 |
| 20 | ₹0 | ₹57,61,542 |
What is FOIR?
FOIR (Fixed Obligations to Income Ratio) is the percentage of your monthly income that goes toward EMIs and fixed obligations. Banks typically allow 40-60% FOIR for home loan approval. Higher income borrowers may get up to 65%.
Note: This is an indicative calculation. Actual loan eligibility depends on credit score (CIBIL), age, employer profile, property type, and bank-specific policies. Stamp duty and registration charges vary by state. RBI LTV norms: up to ₹30L = 90% LTV, ₹30-75L = 80%, above ₹75L = 75%.