Property
Real Estate
Calculate home loan EMI, total costs, and affordability
About the Real Estate calculator
Comprehensive real estate calculator to calculate home loan EMI, total costs, and affordability analysis. Plan your property purchase with detailed cost breakdown including down payment, loan EMI, registration fees, stamp duty, and ongoing maintenance expenses.
How the maths works
EMI Calculation Formula
EMI = [P × R × (1+R)^N] / [(1+R)^N - 1]- EMI
- Equated Monthly Installment
- P
- Principal loan amount (Property Price - Down Payment)
- R
- Monthly interest rate (Annual Rate ÷ 12 ÷ 100)
- N
- Total number of monthly installments (Years × 12)
A worked example
₹75 Lakh Property Purchase
| Property Price | ₹75,00,000 |
| Down Payment | ₹15,00,000 |
| Loan Amount | ₹60,00,000 |
| Interest Rate | 8.5% per annum |
| Loan Tenure | 20 years |
Monthly EMI: ₹52,067, Total Interest: ₹64,96,080, Total Amount: ₹1,24,96,080
How to use it
- Enter property price and your planned down payment amount
- Add loan details including interest rate and tenure in years
- Include all additional costs like registration fees and stamp duty
- Review monthly EMI and total cost breakdown
- Analyze affordability and total cost of ownership
What it accounts for
- Calculate monthly EMI for home loans with accurate interest calculations
- Complete cost breakdown including registration, stamp duty, and legal fees
- Affordability analysis to determine if the property fits your budget
- Monthly maintenance and property tax estimation for ongoing costs
- 10-year total cost of ownership projection for long-term planning
Why it is worth working out
- Make informed property buying decisions with complete cost analysis
- Plan your finances better with accurate EMI calculations
- Understand all upfront and ongoing costs before purchasing
- Compare different loan scenarios to find the best option
Questions people ask
What does a property actually cost beyond the price?
Stamp duty and registration of 5% to 8% depending on the state, GST of 1% or 5% on under-construction property, brokerage of 1% to 2%, legal and technical fees, and interiors. Budget 10% to 15% above the headline price in cash.
How much should I put down?
At least 20%, because lenders require it, and more if you can without emptying your emergency fund. A larger down payment reduces both the interest and the risk of ending up in negative equity if prices soften.
What ongoing costs does ownership add?
Property tax, society maintenance, insurance, and repairs of roughly 0.5% to 1% of the property value a year. A rented flat has none of these, which is why a rent-versus-buy comparison that only compares rent against EMI always flatters buying.
Is under-construction property cheaper?
The price is lower and the risk is higher: delivery risk, quality risk, and the cost of paying rent and pre-EMI simultaneously for years. RERA registration improves the position but does not eliminate it. Price the delay you would find tolerable and see whether the discount covers it.
Read more on this
- A second flat, priced honestly against an index fund — Buy price against sell price is not a return. Once stamp duty, maintenance, vacancy and illiquidity are counted, most residential property underperforms — here is the arithmetic.
- What property actually returns, once you count everything — A flat bought at ₹50 lakh and sold at ₹85 lakh looks like a 70% gain. After transaction costs, holding costs and time, the annual return is often modest.
This calculator is for information and education. It is not financial advice — see the disclaimer.