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One glance: loan eligibility, EMI, the true upfront cash (down payment + stamp duty + registration), and your tax position — for a specific property and your finances.
One verdict: bank eligibility, EMI, the true upfront cash, and your tax position.
Approval likely, but you're ₹5,50,800 short on upfront cash.
Eligibility
Monthly EMI
Cash to close
Tax
What changes the answer
Calculated on your device — your income and CIBIL are never sent or stored. Indicative estimate, not a loan approval, offer, or financial advice. Verify with your bank and sub-registrar.
Far more than the down payment. On an 80% loan you put down 20%, but stamp duty + registration can add another 5–11% of the price (e.g. 11% in Tamil Nadu), plus loan processing and legal charges. The real upfront cash is often 30%+ of the price — this tool shows the exact cash-to-close and the gap versus your savings.
Banks cap your EMI at roughly 50% of income (FOIR) and lend up to 75–90% of the property value (RBI LTV norms, by loan size). Your eligible loan is the lower of those two. This tool computes both and shows which one binds, plus an indicative read from your CIBIL band.
Often not as much as expected. Under the new tax regime (the default from FY2025-26) the favourable slabs frequently beat the old regime even after Section 24(b) and 80C home-loan deductions — so the net tax benefit of the loan can be ₹0. This tool compares both regimes honestly and shows your effective EMI after tax.