How much cash do I need to buy a home in Surat?

Beyond the down payment (typically 20% on an 80% loan), Gujarat stamp duty + registration adds several percent of the price, plus loan processing and legal charges. The real upfront cash is often 30%+ — this tool shows your exact cash-to-close and the gap versus your savings.

How much home loan can I get on my salary in Surat?

Banks cap your EMI near 50% of income (FOIR) and lend up to 75–90% of value (RBI LTV). Your eligible loan is the lower of the two — this tool computes both and shows which one binds.

Can I afford a home in Surat?

Eligibility, EMI, true cash-to-close (Gujarat stamp duty + registration), and your tax position — for a property in Surat and your finances.

Can I afford this home?

One verdict: bank eligibility, EMI, the true upfront cash, and your tax position.

Property priceStateYour monthly take-homeSavings ready (down payment + charges)

STRETCH

Approval likely, but you're ₹2,19,300 short on upfront cash.

Eligibility

Approval (indicative)indicative

Eligible loan₹52,00,000

EMI / income30.1%

Monthly EMI

EMI₹45,127 / mo

Rate × tenure8.5% · 20 yrs

Total interest₹56,30,480

Cash to close

Down payment₹13,00,000

Stamp + registration₹3,83,500

Other charges₹35,800

Total needed₹17,19,300

Gap₹2,19,300

Tax

Best regimeNEW

Real annual benefit₹0

Effective EMI₹45,127 / mo

What changes the answer

increase savings by (₹2,19,300) — Closes the cash gap → AFFORDABLE
negotiate price to (₹62,50,000) — Approx price that clears the cash gap (recompute for exact)
add co applicant — Raises eligible loan / shares the down payment

Don't know your CIBIL? Free precheck →

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.

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