🏠 Home Loan Affordability Calculator

Can you afford the this Home? This Tool help you find it with inputs Such as Salary In Hand, How much cash is needed, what % is the EMI and much more






Enter Home Price


Home Price


Registration/Gov Fees/Charges


Other One time Fees


Final Home Price


Down Payment


Loan Disbursed by Bank


Total Cash Needed


Remaining Cash at Hand


EMI (~Approx)


EMI + Other Monthly Expense


EMI % of Salary


Remaining Monthly Salary


Yearly Expense


Final Price after Loan


Home Loan Affordability Calculator: Your Key to Informed Home Ownership

Welcome to our Home Loan Affordability Calculator, a powerful online tool designed to empower you with the financial insights needed for informed home buying decisions. Whether you’re a first-time homebuyer or considering an upgrade, our calculator is here to help you understand your affordability and plan your home purchase wisely. And the data is calculated on your browser so no privacy is invaded. A better readability is achieved with number separator with both thousands and lakhs for Indian style numbering systems.

What is a Home Loan?

A home loan, also known as a mortgage, is a financial arrangement where a borrower secures funds from a lender to purchase a home. Repayment of the loan occurs through regular instalments, commonly known as Equated Monthly Instalments (EMIs). Our Home Loan Affordability Calculator is tailored to assist you in evaluating whether you can afford the home of your dreams based on your financial circumstances.

Can You Afford the Home?

Determining your affordability is a crucial step in the home buying process. Our calculator considers multiple inputs, such as your monthly salary, home price, available cash, government fees, one-time charges, home loan interest rate, loan tenure, and monthly home-related expenses. This information is processed to provide you with key financial metrics, including the approximate EMI, monthly expenses, total cost after fees and loan, total cash needed to buy the property, EMI as a percentage of salary, and remaining cash at hand.

How EMI is Calculated

Equated Monthly Installment (EMI) is the fixed amount you pay each month to repay your home loan. It comprises both principal and interest components. Our calculator utilizes advanced algorithms to estimate your EMI based on factors such as home price, loan amount, interest rate, and tenure. This allows you to visualize your financial commitment over the loan duration.

EMI’s calculated here is approximate value and would be little different from your bankers. The tool helps you identifying that EMI’s is not the only thing you need to consider when purchasing your dream house.

How to Use the Tool

Using our Home Loan Affordability Calculator is easy and intuitive. Simply input your financial details into the tool in the first half of the page, and it will generate comprehensive insights tailored to your situation. Easily share your calculations with others or bookmark the page for quick access to your financial scenarios.

Additional Features

Read Number Better

A better readability is achieved with number separator with both thousands and lakhs for Indian style numbering systems.

Shareable Calculations

Share your calculated results with family, friends, or financial advisors. Facilitate discussions and gather valuable input from others as you plan your home purchase.

Bookmarking for Easy Access

Save and bookmark your calculations for future reference. Whether you’re exploring different properties or planning for the future, your saved calculations are readily available whenever you need them.


Q: How accurate are the calculations?

A: Our calculator provides approximate values based on the inputs provided. For precise figures, we recommend consulting with financial experts or lending institutions. This gives you a rough estimate before committing anything.

Q: Can I include future salary increments in my calculations?

A: While the calculator considers your current monthly salary, you may manually adjust the input for future increments to tailor the analysis to your evolving financial situation.

Q: Is the tool suitable for refinancing calculations?

A: While primarily designed for homebuyers, you can use the tool to estimate affordability for refinancing by inputting your existing loan details.

Empower yourself with the Home Loan Affordability Calculator and make well-informed decisions on your path to homeownership. Plan your budget effectively, explore different scenarios, and achieve your dream home without compromising your financial well-being.

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