How Much House Can I Afford? — Home Affordability Calculator
Find your real home-buying budget using the 28/36 rule, EMI math, and your down payment — in 30 seconds, free and no sign-up.
What's your monthly income?
We use this to figure out your safe home-loan budget.
Frequently asked questions
How much house can I afford on my salary?
A common rule is to keep total EMIs under about 40% of gross monthly income, and your home loan EMI alone under roughly 28–35%. This calculator combines your income, existing EMIs, down payment, and chosen lifestyle to estimate a realistic price range.
What is the 28/36 rule?
The 28/36 rule suggests spending no more than 28% of gross income on housing costs and no more than 36% on total debt payments. It is a quick affordability check used by lenders and planners.
How much down payment do I need to buy a house in India?
Lenders typically finance 75–90% of the property value, so you usually need a 10–25% down payment, plus stamp duty, registration, and other costs. A larger down payment lowers your EMI and total interest.
What hidden costs should I budget for beyond the price?
Stamp duty and registration (often 5–8%), brokerage, home loan processing fees, GST on under-construction property, interiors, and moving costs. These can add 10–15% on top of the headline price, so plan for them upfront.
Should I include my spouse's income?
If your spouse has stable income and will co-apply for the loan, including it increases your eligibility. Only count income you can reliably depend on for the full loan tenure.