🎲 Fun & Lifestyle
Loan Affordability Calculator
Figure out the home or car price you can actually afford.
Enter values to see your result
Frequently asked questions
What does "affordable" mean?
We define it as: EMI ≤ 40% of net income AND enough left over for expenses + savings + emergency fund. Stretching to 55%+ is technically possible but risky.
Should I empty my savings on the down payment?
No. Keep at least 3–6 months of expenses as an emergency fund even after the down payment. Buying a home and then becoming cash-poor is a common trap.
Does this include taxes and insurance?
For a home, add 1–2% of property value per year for property tax, insurance, and maintenance. This calculator shows EMI only — factor those in separately.
What if I have bonuses?
Use only guaranteed monthly income here. Treat bonuses as a separate stream for prepayments, not regular EMIs.