How much home can I afford?
Banks in India usually allow all your EMIs together to be 40–50% of your take-home pay. Enter your numbers to see a safe budget — then search homes within it.
Lenders usually fund up to 75–90% of the property value depending on the loan size; the rest is your down payment. Estimate only — your bank's offer depends on credit score, age and employment.
Frequently asked questions
How much home loan can I get on my salary?
Most Indian banks cap all EMIs at 40–50% of net monthly income (FOIR). At 8.75% for 20 years, every ₹1 lakh of loan costs about ₹884 a month, so a ₹40,000 EMI supports roughly a ₹45 lakh loan.
How much down payment do I need?
Banks lend up to 90% for loans up to ₹30 lakh, 80% for ₹30–75 lakh and 75% above that. Stamp duty and registration (about 5–8% depending on the state) are paid from your own savings.
Should I choose a longer tenure?
A longer tenure lowers the EMI but increases total interest. Many buyers take 20 years and prepay when income rises.
