A simple framework to size your home loan, compare fixed vs floating rates and keep EMIs under 40% of take-home pay.
Buying a home is usually the largest financial decision a family makes. Before you shortlist properties, work backwards from a monthly EMI you can comfortably pay.
The 40% rule
Most lenders cap total EMIs at 40–50% of net monthly income. Staying near 35–40% leaves room for savings, emergencies and lifestyle costs.
Down payment and other costs
Plan for a 20% down payment plus stamp duty, registration (typically 5–8% depending on the state), GST on under-construction homes, and interiors.
Use the calculator
Every listing on Real Estate Adda has an EMI calculator. Adjust the loan amount, interest rate and tenure to see the monthly outflow and total interest instantly.
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