Property Budget & Debt Capacity
Home Affordability Calculator
Estimate your realistic property purchase budget based on net in-hand salary, current debt obligations, and savings.
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₹25,000₹1.25 Lakh₹10,00,000
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₹0₹15 Thousand₹2,00,000
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₹1,00,000₹15 Lakh₹2,00,00,000
%
6.5%15%
Yr
5 Yr30 Yr
%
30%60%
Calculations are mathematical estimates for planning purposes. Actual loan sanction is subject to lender credit evaluation and property legal clearance.
Affordability Scenarios by Debt Ratio
Compare property purchasing power under different monthly EMI obligation thresholds.
Scenario A (Lower EMI Ratio)
₹48,12,887
Max EMI:₹28,750
Loan:₹33,12,887
EMI Ratio:35%
Scenario B (Moderate EMI Ratio)
₹62,53,272
Max EMI:₹41,250
Loan:₹47,53,272
EMI Ratio:45%
Scenario C (Higher EMI Ratio)
₹76,93,658
Max EMI:₹53,750
Loan:₹61,93,658
EMI Ratio:55%
Estimated Property Budget
₹62,53,272
Down Payment: ₹15,00,000 + Loan: ₹47,53,272
Max Affordable Monthly EMI₹41,250
Estimated Loan Amount₹47,53,272
Down Payment Contribution₹15,00,000
Total Interest Outgo₹51,46,728over 20 years at 8.5%
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Frequently Asked Questions
What is the 3-30-3 rule for home buying in India?
The rule suggests: 1) Down payment should be at least 20-30% of property cost, 2) Monthly EMI should not exceed 30% of gross salary, and 3) Property price should not exceed 3-4 times annual income.
What is FOIR in home loan assessment?
Fixed Obligation to Income Ratio (FOIR) is the percentage of your monthly income that goes towards debt EMIs. Indian banks typically prefer FOIR between 40% and 50%.