Your numbers
Example scenarioMoney you want to keep saving each month. It lowers the budget.
Loan & ownership costs
Adjust assumptionsDown 20% · costs 8% · EMI ceiling 35%
Assumptions are examples, not current quoted lending rates or verified local transaction charges.
See result ↓Your result
Example scenarioIndicative home-price budget
₹73.6 lakh
Exact: ₹73,63,353
The EMI fits your chosen limit, but your remaining cash buffer is below the Gulmohar report’s target.
Your monthly numbers are the limiting factor: a total EMI ceiling of 35% of your take-home leaves about ₹53,000 a month for the new EMI, which supports a planned loan of about ₹58.9 lakh and a home up to about ₹73.6 lakh. Your cash would allow more.
This is a planning estimate, not a lender’s decision and not a recommendation to spend the maximum. Changing the rate, tenure, down payment or your commitments can change it.
Estimated home EMI
₹53,000/month
Upfront cash required
₹20.6 lakh
Down payment ₹14.7 lakh + extra costs ₹5.9 lakh
Planned loan (assumption)
₹58.9 lakh
Not an offer or available credit
Monthly headroom after savings
₹37,000
Per month, after the new EMI
Emergency reserve: you asked to keep ₹6,00,000; ₹6,00,000 of your cash is available to hold back. Cash left after the purchase is ₹9,38,261.
How this compares with the Gulmohar report’s checks
All EMIs, yours today plus the planned one, as a share of take-home. The Gulmohar report treats up to 40% as healthy and over 50% as critical.
How long the cash left after the purchase would cover your EMIs and fixed expenses with no income. The Gulmohar report aims for 12 months.
Financing check
- A loan covering more than 75% of the price is above the benchmark the Gulmohar report treats as comfortable. Lenders set their own limits, and some may ask for a larger down payment.
The planned loan is an assumption for planning, not an offer, available credit or an eligibility result.
Where your monthly take-home goes
- Fixed living expenses₹50,000
- Your current EMIs₹10,000
- Savings you protect₹25,000
- Ownership costs₹5,000
- Planned home EMI₹53,000
- Left over₹37,000
View exact figures
| Item | Amount |
|---|---|
| Fixed living expenses | ₹50,000 |
| Your current EMIs | ₹10,000 |
| Savings you protect | ₹25,000 |
| Ownership costs | ₹5,000 |
| Planned home EMI | ₹53,000 |
| Left over | ₹37,000 |
| Total allocated | ₹1,80,000 |
A budget is a planning figure, not the price of a particular property. You can check every value before it carries over.
About this calculator
Enter your take-home income, commitments and the cash you could use. The calculator shows the home price your numbers can support, the EMI it implies, the upfront cash needed and what is left each month. It is a planning estimate, not bank eligibility.
How to use it
- Enter your monthly take-home income, fixed expenses and current EMIs.
- Add the cash you could use and the emergency cash you want to keep back.
- Review the loan, down payment and ceiling assumptions, then read the budget and the checks beneath it.
What is not included
- Lender eligibility, credit scores, age limits and processing fees.
- Income growth, tax effects and changes in the interest rate.
- Property-specific information such as price, area, builder or legal status.
Method and assumptions
- Monthly room = income minus fixed expenses, current EMIs, savings you protect and ownership costs.
- The new EMI is limited by that room and by your EMI ceiling, which covers current plus new EMIs as a share of take-home. The ceiling can be set from 10% to 50%.
- The EMI supports a loan; the loan and your down payment give a price. Separately, your cash after the reserve must cover the down payment plus extra buying costs. The budget is the lower of the two prices.
- The result also shows the fixed-obligation ratio and how long your cash after buying would last, using the same bands as the Gulmohar report.
The figures are examples you can change, not current quoted lending rates or verified local transaction charges.
Common questions
Is this loan eligibility?
No. It is a planning estimate from the numbers you enter. Lenders decide eligibility with their own checks, which can differ. The planned loan shown is an assumption, not an offer or available credit.
Does it include the down payment?
Yes. Your cash has to cover the down payment and the extra buying costs after the reserve you keep back. If cash is the limit, the budget is set by that; if your monthly numbers are the limit, the budget is set by the EMI you can carry.
How are emergency savings treated?
The emergency cash you enter is held back and never used for the purchase. The result also shows how many months the cash left after buying would last against your EMIs and fixed expenses; the report aims for 12 months.
What if I already pay rent?
Exclude the rent this home will replace from your fixed expenses. If you will keep paying rent elsewhere, include it.
What does the EMI ceiling mean?
It is the largest share of your take-home that you want all EMIs to use, your current ones plus the new one. It can be set up to 50%, which the Gulmohar report treats as critical. Above 40%, the result is labelled Stretched.