City
Results are estimates for planning. Final eligibility depends on lender checks.
Based on FOIR and existing obligations
At selected rate and tenure
Down payment + eligible loan
| Down Payment Used | - |
| Loan Amount | - |
| Monthly EMI | - |
| Monthly Buffer | - |
If rate changes by +/- 0.5%
If tenure changes
Longer tenure increases eligibility but increases total interest paid.
Tip: Start with a realistic interest rate and then use the sensitivity chips to understand how a small rate or tenure change affects your property budget.
EMI = P * r * (1+r)^n / [(1+r)^n - 1]EMI is the fixed monthly payment that includes both interest and principal. P = principal loan amount, r = monthly interest rate, n = number of months.
Max EMI = (Income * FOIR) - Existing ObligationsFOIR changes based on your obligation ratio. Higher existing commitments reduce the share of income that should safely go toward a new home loan EMI.
Loan = EMI * [(1+r)^n - 1] / [r * (1+r)^n]This reverses the EMI formula to estimate the maximum loan amount supportable by your comfortable EMI.
Property Budget = Down Payment + Eligible LoanThe calculator combines your equity contribution and serviceable loan amount to arrive at the target property budget.
Band 1 = 85% to 100% of feasible budget capStretch and conditional bands extend above that level only when matching inventory exists and the gap is still meaningful for the user.
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The calculator checks your obligation ratio, assigns a FOIR slab, and then estimates the EMI that fits while leaving breathing room for monthly life expenses and emergencies.
No. This is a planning estimate based on standard formulas and affordability rules. Final loan approval depends on lender policy, age, credit profile, income proof and property documents.
If your current obligations leave little or no safe EMI room, the calculator shows an advisory state instead of optimistic project recommendations. Reducing obligations or increasing down payment can improve affordability.
The primary band is intentionally safer than the absolute ceiling. Stretch and conditional bands sit above that level and appear only when matching inventory exists and the gap is still realistic enough to be useful.
Yes. Financial affordability is the base layer, but the recommendation also checks whether your preferred city, locality, BHK and area have projects in a feasible market range.
Use it to compare trade-offs. A lower rate or longer tenure can improve loan eligibility, but a longer tenure also increases total interest paid over time.
