How much home can you afford?

Turn your salary, savings and existing EMIs into a realistic home loan and property budget.

Your numbers

Monthly net incomeTake-home pay after tax, for all earning applicants

₹

₹10,000₹1,00,000 = ₹1 L₹20 L

Existing EMIsCar, personal and other loans you already pay

₹

₹0₹5 L

Down paymentSavings you can put towards the home

₹

₹0₹20,00,000 = ₹20 L₹5 Cr

Home loan rate

615

Loan tenure

yrs

5 yrs30 yrs

FOIR limitMost lenders allow 40–60% of take-home pay for all EMIs

20Up to ₹50,000 a month on all EMIs70

You can afford a home up to74% financed

₹77.62 LBudget band: ₹50 L – ₹1 Cr

Max EMI: ₹50,000
Home loan: ₹57.62 L
Down payment: ₹20 L

See homes in this budget

Projects and resale homes in the ₹50 L – ₹1 Cr band in Ahmedabad.

New projects Resale homes

How stretched you would be

Share of your take-home pay that goes to EMIs once this loan starts.

50%of income on EMIsStretched

Existing EMIs₹0
New home EMI₹50,000
Left each month₹50,000

How the budget adds up

How the price you can pay is funded.

Home loan74%₹57.62 L
Your down payment26%₹20 L

What moves your budget

Your maximum property budget at different tenures and rates. A longer tenure raises the budget but costs more interest.

Maximum property budget by tenure and interest rate
Tenure	8.00%	8.50%	9.00%
15 yrs	₹72.32 L	₹70.77 L	₹69.3 L
20 yrs	₹79.78 L	₹77.62 L	₹75.57 L
25 yrs	₹84.78 L	₹82.09 L	₹79.58 L
30 yrs	₹88.14 L	₹85.03 L	₹82.14 L

Want these numbers checked by an expert?

A Mera Pata advisor will walk you through your options, lenders and projects that fit. Free, no obligation.

What this assumes

FOIR (fixed obligation to income ratio) is the share of take-home pay a lender allows for all EMIs combined. Lenders set it between roughly 40% and 65% depending on income, employer and credit score.
The loan is also capped by RBI loan-to-value norms: up to 90% of the property value for loans up to ₹30 L, 80% up to ₹75 L, and 75% above that.
Stamp duty, registration and interiors are not included in the property budget; budget roughly 6% extra in Gujarat for stamp duty and registration.
Your actual eligibility depends on your credit score, age, employment and the lender’s own policy.

These figures are indicative estimates for planning only. Actual loan terms, rates, taxes and returns vary by lender and property. Please confirm with your bank and a qualified advisor before making a decision.

Run the next number

What will my monthly instalment be?EMI Calculator

What will registration cost in Gujarat?Stamp Duty Calculator

Should I rent or buy right now?Rent vs Buy Calculator

Good to know

Questions buyers ask

How much home loan can I get on a ₹1 lakh salary?

With ₹1 lakh a month take-home pay, no other EMIs and a 50% FOIR, you can service an EMI of about ₹50,000. At 8.5% over 20 years that supports a loan of roughly ₹57.6 lakh. With ₹20 lakh saved for the down payment, your property budget is about ₹77.6 lakh.

What is FOIR?

FOIR, the fixed obligation to income ratio, is the share of your monthly take-home pay a lender allows for all EMIs combined, including car and personal loans. Most lenders set it between 40% and 65%.

How much down payment do I need for a home loan?

RBI rules cap home loans at 90% of the property value for loans up to ₹30 lakh, 80% up to ₹75 lakh and 75% above that, so you need 10% to 25% of the price as a down payment, plus stamp duty and registration.