Roomii Home Affordability Engine
How much home can you actually afford? Not just the EMI — the real number, including down payment, stamp duty, registration, monthly maintenance and a realistic interior budget. Enter your income and savings below for a genuine budget range, tailored to Pune & PCMC buying costs.
Your Details
8.5% p.a.
Your Comfortable Home Budget
₹43.78 L – ₹57.61 L
The lower end keeps your EMI at a conservative ~35% of income; the upper end pushes closer to what most lenders will approve (~50%). Most buyers are more comfortable living nearer the lower end long-term.
Recommended Property Price
₹43.78 L
Maximum Property Price
₹57.61 L
Expected EMI (comfortable)
₹28,000/mo
Down Payment
₹11.52 L
Full Cost Breakdown
This is a planning estimate using standard lending rules of thumb (FOIR, RBI LTV slabs, Maharashtra stamp duty rates) — not a loan pre-approval or offer from Roomii or any lender. Your actual eligibility depends on your specific bank's policy, credit score, and documentation. Adjust the interest rate above to match your actual lender's current quote.
How This Calculator Works
Most online EMI calculators only answer "what will my EMI be for a loan of ₹X" — useful, but backwards for someone who doesn't know their budget yet. This tool starts from your actual income and expenses and works forward to a real property price range, using the same lending logic banks apply (FOIR income caps, RBI's LTV down-payment slabs), then adds the costs first-time buyers in Pune commonly underestimate: stamp duty (~6% in Maharashtra), registration, monthly society maintenance, and a realistic interior fit-out budget.
Every figure is either arithmetic on what you entered, or a disclosed industry rule of thumb — never a fabricated statistic. Adjust the interest rate slider to match your actual lender's current quote for a more precise result.
Once You Know Your Budget
Browse real, verified listings in Pune & PCMC that match your range — 0% brokerage, direct owner contact.
Frequently Asked Questions
How much home can I afford based on my salary in India?
Most Indian lenders cap total EMI obligations (existing + new) at roughly 40–50% of your monthly income (FOIR). A more comfortable, sustainable target is closer to 35% — the calculator above shows both a comfortable and a maximum figure so you can see the real range, not one falsely-precise number.
What's the difference between 'maximum eligible' and 'comfortable' budget?
'Maximum eligible' is roughly what a bank might approve you for, based on standard lending caps — it doesn't account for savings goals, lifestyle, or unexpected expenses. 'Comfortable' uses a more conservative EMI-to-income ratio so your monthly budget has real breathing room after the EMI, maintenance, and daily expenses.
How much down payment do I need for a home loan in Pune?
RBI's loan-to-value (LTV) guidelines mean lenders typically finance 75–90% of a property's value depending on the loan amount slab — so your own down payment usually needs to cover the remaining 10–25%, plus stamp duty and registration, which lenders don't finance.
What is stamp duty and registration cost in Maharashtra?
Stamp duty in Maharashtra is commonly around 6% of the property's agreement value (varies by municipal corporation and any gender-based concessions), plus a 1% registration fee capped at ₹30,000. This is paid on top of the property price and down payment — a cost many first-time buyers underestimate.
Does this calculator guarantee my home loan will be approved?
No — this is a planning estimate based on standard industry rules of thumb, not a loan pre-approval or an offer from Roomii or any bank. Actual eligibility depends on your specific lender's policy, your credit score, employment type, and documentation. Use this to plan your search, then confirm real numbers with your bank.