Home Affordability Calculator
This home affordability calculator estimates the maximum home price you could realistically afford, based on your income, existing debts, down payment and a target debt-to-income ratio. Enter your numbers to see a ceiling to shop within, not just a hopeful guess.
Your income before tax, household total if buying jointly.
Car loans, personal loans, credit cards, and any other minimum debt payments — not including the mortgage you're solving for.
Cash you have available to put down.
The rate you expect to qualify for.
Length of the mortgage.
The share of gross monthly income lenders will let go toward all debt, including the new mortgage. Indian lenders typically allow up to 50-60%.
Maximum home price
सेव करने के लिए लॉग इन करें₹61,85,388
An estimate of the most you could afford, based on your DTI limit and down payment.
Frequently asked questions
Does this include property tax and insurance?+
No — this estimates the maximum principal-and-interest EMI only. Lenders may factor in property tax and insurance when assessing your real DTI, which will lower your actual maximum loan somewhat versus this estimate.
Why do lenders care about DTI instead of just income?+
Two buyers with the same income can have very different ability to take on a home loan if one already has heavy car or personal loan payments — DTI captures your total debt burden, not just your income, which is a better predictor of repayment risk.
Should I borrow the maximum this calculator shows?+
Not necessarily — this is a lender-affordability ceiling, not a personal comfort recommendation. Many buyers are more comfortable at a meaningfully lower EMI that leaves room for savings, emergencies, and other goals.
Related calculators
Related articles
Building Depreciation Calculator: How to Figure Out What Your Property Is Actually Losing in Value
Loans
Wedding Price Estimate: The Real Numbers Behind the Big Day
Loans
Moving Cost of Living Calculator: See If Your Next Move Actually Makes Financial Sense
Loans
How to Use a Balance Transfer Savings Calculator to Finally Beat Credit Card Debt
Loans