Home Affordability Calculator
Real EstateFind the property price your income and savings actually support.
Runs entirely in your browser — nothing is uploaded
Features
- Works back from income, existing EMIs and savings.
- Separates the down payment from stamp duty and registration.
- Flags a loan-to-value above the usual lender cap.
- Runs entirely in your browser — nothing you enter is uploaded.
How to use the Home Affordability Calculator
- 1Enter your income, existing EMIs and the savings you have.
- 2Set the stamp duty rate for your state.
- 3Read the property budget, and check the loan-to-value line.
Frequently asked questions
What can I actually afford?
The loan your income supports plus the cash you can put down, less the buying costs. All three bind — income sets the loan ceiling, savings set the down payment, and stamp duty quietly eats into the savings before they reach the down payment.
How much are stamp duty and registration?
Typically 5–8% of the property value depending on the state, with some offering a concession for female buyers. They are payable in cash and no lender funds them, which is what turns a 20% down payment into nearly 28% of the price in cash.
What is loan-to-value and why does it matter?
The share of the property value the lender will fund — usually capped at 90% for smaller loans and 75–80% for larger ones. If your income supports a loan above that cap, the cap binds instead and you need a bigger down payment.
What share of income should go to an EMI?
Lenders allow 40–55% of income across all EMIs. Comfort is usually lower: many people find 30–35% manageable and above 40% stressful once maintenance, property tax and the cost of furnishing arrive.