Home Purchase Planner
Explore home affordability with location-specific pricing and comprehensive cost analysis
Explore Preset Scenarios
Select a scenario to auto-fill the calculator, then customize as needed
Location
Property Details
Financial Parameters
Cost Factors
Purchase Summary
Monthly Costs
Upfront Costs
Total Investment
Rent vs Buy Analysis
Understanding the Calculations
Home Value
Calculated by multiplying carpet area with price per sq ft. Adjust based on your target property.
EMI Calculation
Monthly EMI = P × r × (1+r)^n / ((1+r)^n - 1), where P is loan amount, r is monthly rate, n is months.
Upfront Costs
Include stamp duty (state-specific), registration (usually 1%), legal fees (~0.5%), and brokerage (~1%).
Net EMI
Net EMI = EMI - Rent Saved. This represents your additional monthly outflow compared to renting.
Ongoing Costs
Monthly maintenance (₹2-5/sq ft for apartments), property tax (~0.5-1% annually), and home insurance.
Rent vs Buy
Compares total cost of ownership vs renting, factoring in opportunity cost of down payment and home appreciation.
Use this estimate in a household plan
Prices, charges and loan inputs are planning illustrations. Replace them with current property quotations, lender terms and applicable charges. Compare the cash needed upfront as well as EMI, ongoing costs and the money left for other goals. This estimate is not a loan offer or approval.
See three home prices compared with retirement savings protected.
Review calculation assumptions and sources · Read the financial planning guide
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