Home loan calculator. What will it cost each month?
Pick a flat or slide to your own price. You’ll see the EMI, and the cash you need before the first one.
- Your share of the price20%
- ₹15.0 L
- Stamp duty7%, to the government
- ₹5.3 L
- GST5%, only while the home is being built
- ₹3.8 L
- Registrationfixed fee
- ₹0.3 L
An estimate, not an offer. Every bank sets its own rate and eligibility. We refer you to scheduled banks and help with documents; we don’t lend. For what the builder adds on top, see what “all inclusive” includes in Pune, or try it on a real flat in our projects.
GOOD TO KNOW
- 01
Banks don’t lend the full price
RBI caps a home loan at 90% of the property value up to ₹30 L of loan, 80% up to ₹75 L, and 75% above that. The rest is your down payment.
- 02
Stamp duty and registration are yours
They are paid from your own funds on top of the down payment, which is why the upfront figure is larger than most buyers expect.
- 03
Longer term, smaller EMI, more interest
Stretching 20 years to 30 lowers the EMI but can add a third or more to the interest. Tap the years and watch both numbers.
Before you talk to a bank
EMI = P × r × (1 + r)ⁿ ÷ ((1 + r)ⁿ − 1), where P is the loan amount, r is the monthly interest rate (the yearly rate divided by 12) and n is the number of monthly payments. A ₹60 lakh loan at 8.5% for 20 years works out to about ₹52,069 a month.
At least 10% of the price when the loan is ₹30 lakh or less, 20% when the loan is between ₹30 lakh and ₹75 lakh, and 25% when it is above ₹75 lakh. These are RBI’s loan-to-value limits, and a bank can ask for more depending on your income and credit history.
No. Stamp duty (7% in Pune, 6% when every buyer is a woman) and registration (1%, capped at ₹30,000) are paid from your own money. Plan for them on top of the down payment.
A common rule is to keep all your EMIs under about 40% of the family’s monthly take-home pay. The calculator shows the take-home at which the EMI stays inside that limit.
GST is charged on the flat, not on the loan: 5% of the agreement value on an under-construction home, and nothing once the occupancy certificate has been issued. Switch “Home is still being built” off to see the difference.
A 30-year loan has a lower EMI, but you pay interest for ten more years. On ₹60 lakh at 8.5%, 20 years costs about ₹65 lakh in interest and 30 years about ₹1.06 crore. Take the shortest term whose EMI you can carry comfortably.