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Home Affordability Calculator

Find out how much home you can afford based on your income, existing debts, down payment, and loan terms.

Lenders typically allow 30-50% of monthly income to go toward EMI.

Frequently Asked Questions

How much home can I actually afford?
This tool estimates it from your income, existing debt, down payment, and loan terms — capping your EMI at a percentage of income (the EMI-to-income ratio) that lenders typically consider safe, then working backward to the maximum loan and home price.
What is a safe EMI-to-income ratio?
Lenders typically allow 30-50% of your gross monthly income to go toward EMI, though the exact figure depends on your other obligations and the lender's own policy.
Does this account for other loans I'm already paying?
Yes — enter your existing monthly debt payments and the calculator subtracts them from your maximum allowable EMI before estimating how much more you can afford to borrow.