EMI Affordability Calculator
I can afford ₹X per month — what's the maximum property I can buy? Enter your income and existing EMIs to find your maximum home loan, property price, and total upfront costs including stamp duty and registration.
Max property
₹72.0L
Banks typically allow EMIs up to 50% of net income. Your maximum affordable EMI is ₹50,000/month.
Maximum property price
₹72,01,927
Based on ₹50,000/month EMI capacity
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%.