Free — property affordability calculator Get any project checked before you book — free report Compare properties across Zirakpur, Mohali & Panchkula Stamp duty, EMI & land unit calculators also available Free — property affordability calculator Get any project checked before you book — free report Compare properties across Zirakpur, Mohali & Panchkula Stamp duty, EMI & land unit calculators also available

Free property affordability calculator

See the property price range that actually fits your budget — based on your income, existing EMIs and how much you can put down. Free, instant, no sign-up.

Combined take-home income of all applicants on the loan.
Most lenders cap total EMI obligations at 40–55% of net income.
You can likely afford a property up to
₹0
Maximum eligible EMI₹0
Maximum loan amount₹0
Plus your down payment₹0
Effective loan-to-value0%
This is a planning estimate using a standard FOIR assumption, not a loan pre-approval. Your actual eligibility depends on the lender's policy, credit score and other factors.
Rate reference last verified: 4 September 2026.
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Loan vs down payment split

Loan amount — 0%
Down payment — 0%

How this is calculated

We take your income, subtract existing EMI commitments, and apply your chosen FOIR (Fixed Obligation to Income Ratio) to find the maximum EMI a lender is likely to approve. That EMI is then converted into a maximum loan amount using the standard reducing-balance formula at your chosen rate and tenure. Adding your down payment gives the maximum property price you can realistically target.

Frequently asked questions

How much house can I afford based on my salary?

Most lenders cap total EMI obligations at 40–55% of your net monthly income (FOIR). This calculator uses that limit, your existing EMIs, interest rate and tenure to work out the maximum loan — adding your down payment gives your maximum affordable property price.

What is FOIR in home loan affordability?

FOIR (Fixed Obligation to Income Ratio) is the percentage of your net monthly income lenders allow to go towards all EMIs combined, typically 40–55%.

Does affordability include stamp duty and registration?

No — this estimates the property price based on loan eligibility and down payment. Use the Stamp Duty or Total Property Cost calculator separately for registration charges on top.

Is this calculator free?

Yes — completely free, no sign-up required.

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