Affordability Planner
Home Loan Affordability Calculator
How much house can you afford? Find out based on your income, existing loans, and preferred EMI comfort level.
Your Financial Profile
Affordability Tiers
Key Insight
With a monthly income of ₹1.00 L, you can comfortably afford a property up to ₹50.41 L. If you can stretch your budget, you could go up to ₹64.82 L (manageable) or ₹79.22 L (maximum stretch). We recommend the comfortable range to maintain financial flexibility.
Income Allocation
How your monthly income of ₹1.00 L gets allocated at 45% FOIR
Interest Rate Sensitivity
Property affordability at different interest rates (at 45% FOIR)
Complete Affordability Matrix
Maximum property price across FOIR levels and interest rates (tenure: 20 years, down payment: 20%)
| Interest Rate | Comfortable (35%) | Manageable (45%) | Stretched (55%) |
|---|---|---|---|
| 7% | ₹56.43 L | ₹72.55 L | ₹88.68 L |
| 8% | ₹52.30 L | ₹67.25 L | ₹82.19 L |
| 9% | ₹48.63 L | ₹62.52 L | ₹76.41 L |
| 10% | ₹45.34 L | ₹58.29 L | ₹71.24 L |
| 11% | ₹42.39 L | ₹54.50 L | ₹66.61 L |
Understanding FOIR (Fixed Obligations to Income Ratio)
FOIR is the percentage of your gross monthly income that goes towards all EMIs (existing + new home loan). Banks use this ratio to determine your loan eligibility.
Leaves ample room for savings, investments, and emergencies. Most financial advisors recommend this level.
Banks typically approve loans at this level. Manageable if you have stable income and low lifestyle inflation.
Maximum stretch. High risk if income drops or expenses rise. Only consider with very high income growth certainty.
Calculator results are for illustration purposes only. Actual returns may vary based on market conditions, fund performance, and other factors. Mutual fund investments are subject to market risks. Read all scheme-related documents carefully before investing. Past performance does not guarantee future returns.