Home Buying Calculator
Plan your dream home purchase with confidence. Calculate EMI, affordability, and all hidden costs in the Indian real estate market.
Pro Tip: In India, the total cost of buying a home includes stamp duty, registration charges, GST, and legal fees - often 10-15% of property value!
Affordability Alert
Your EMI obligation (43.0% of income) exceeds the recommended 40% limit. Consider reducing the loan amount or increasing your income.
Calculate Your Home Purchase
Purchase Summary
Monthly EMI
$ 2.6K
For 20 years
Total Cost
$ 446.0K
Including all charges
Affordability
43.0%
Exceeds 40% limit
Additional Costs
$ 46.0K
Stamp duty, GST, etc.
Cost Breakdown
Property Value
$ 400.0K
Stamp Duty (5%)
$ 20.0K
Registration (1%)
$ 4.0K
GST (5%)
$ 20.0K
Legal Charges (0.5%)
$ 2.0K
Total Cost
$ 446.0K
EMI vs Principal vs Interest
Home Buying in India: Key Considerations
Hidden Costs to Consider
Stamp Duty: 5-7% of property value (varies by state)
Registration Charges: 1% of property value
GST: 5% for under-construction, 0% for ready-to-move
Legal & Documentation: 0.5-1% of property value
Smart Home Buying Tips
20% Down Payment: Minimum recommended to avoid high EMIs
40% EMI Rule: Keep EMI within 40% of monthly income
Compare Lenders: Interest rates vary significantly between banks
Pre-approval: Get loan pre-approval before house hunting
Year-by-Year Loan Breakdown
Track your principal and interest payments over the loan tenure
| Year | EMI | Principal | Interest | Remaining Principal | Total Interest Paid |
|---|---|---|---|---|---|
| 1 | $ 30.9K | $ 7.2K | $ 23.8K | $ 312.8K | $ 23.8K |
| 2 | $ 30.9K | $ 7.7K | $ 23.2K | $ 305.1K | $ 47.0K |
| 3 | $ 30.9K | $ 8.3K | $ 22.6K | $ 296.8K | $ 69.6K |
| 4 | $ 30.9K | $ 9.0K | $ 22.0K | $ 287.8K | $ 91.5K |
| 5 | $ 30.9K | $ 9.7K | $ 21.3K | $ 278.1K | $ 112.8K |
| 6 | $ 30.9K | $ 10.4K | $ 20.5K | $ 267.7K | $ 133.3K |
| 7 | $ 30.9K | $ 11.2K | $ 19.7K | $ 256.4K | $ 153.0K |
| 8 | $ 30.9K | $ 12.1K | $ 18.8K | $ 244.3K | $ 171.8K |
| 9 | $ 30.9K | $ 13.1K | $ 17.9K | $ 231.2K | $ 189.7K |
| 10 | $ 30.9K | $ 14.1K | $ 16.9K | $ 217.2K | $ 206.5K |
| 11 | $ 30.9K | $ 15.2K | $ 15.8K | $ 202.0K | $ 222.3K |
| 12 | $ 30.9K | $ 16.3K | $ 14.6K | $ 185.7K | $ 236.9K |
| 13 | $ 30.9K | $ 17.6K | $ 13.3K | $ 168.1K | $ 250.2K |
| 14 | $ 30.9K | $ 19.0K | $ 12.0K | $ 149.1K | $ 262.2K |
| 15 | $ 30.9K | $ 20.4K | $ 10.5K | $ 128.7K | $ 272.7K |
| 16 | $ 30.9K | $ 22.0K | $ 8.9K | $ 106.6K | $ 281.6K |
| 17 | $ 30.9K | $ 23.7K | $ 7.2K | $ 82.9K | $ 288.8K |
| 18 | $ 30.9K | $ 25.6K | $ 5.3K | $ 57.3K | $ 294.1K |
| 19 | $ 30.9K | $ 27.6K | $ 3.4K | $ 29.7K | $ 297.5K |
| 20 | $ 30.9K | $ 29.7K | $ 1.2K | $ 0 | $ 298.7K |