Home Affordability Calculator
Estimate how much home you can afford based on income, debts and down payment.
Assumptions used in this calculation
- 28/36 rule: Uses the common lending guideline of 28% of gross income for housing costs and 36% for total debt, actual lender limits vary.
About this calculator
The home affordability calculator applies the standard 28/36 debt-to-income rule to your gross monthly income and existing debts to find a safe maximum monthly housing payment, then converts that into a maximum affordable home price using your down payment and expected loan terms.
Worked example
₹12L income, ₹5,000 other debts, ₹10L down payment, 8.5% for 20 years
Result: Affordable home price ≈ ₹36,00,000
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