Property Affordability Calculator — How Much House Can You Afford?
Buying a home is one of the biggest financial decisions you will make. Our property affordability calculator helps you determine the maximum property price you can comfortably afford based on your monthly income, existing expenses, available savings, and planned down payment. Unlike simple EMI calculators, this tool factors in the total cost of ownership including stamp duty, registration, and emergency reserves.
How It Works
The calculator uses a debt-to-income ratio approach. It takes your monthly income, subtracts existing obligations and a buffer for living expenses, then determines the maximum EMI you can sustain. Based on prevailing home loan interest rates and your chosen tenure, it reverse-calculates the maximum loan amount. Your available savings and down payment are added to arrive at the total affordable property price, minus a reserve for stamp duty and registration charges.
Frequently Asked Questions
Ready to evaluate this deal?
PropHisaab lets you model, project, and compare property deals side-by-side with full IRR, cashflow, and tax analysis. Free, forever. Your data stays on your device.