How Much House Can You Actually Afford?
Calculate your maximum home price based on income, debts, down payment, and 2026 mortgage rates. Uses the 28/36 rule that lenders use.
भारत में
EMI नेट इनकम का 40-50% से ज्यादा नहीं होनी चाहिए। ₹50,000 नेट पर: max ₹20,000-25,000 EMI। 20 साल, 8.5% पर: ₹22-25 लाख लोन possible। Down payment: 10-20% + registration/stamp duty (5-8%)। ₹50 लाख के फ्लैट पर: ₹10-15 लाख down payment + ₹3-4 लाख registration।
छिपे खर्चे
Stamp duty: 5-8% (state पर निर्भर)। Registration: 1%। GST (under construction): 5%। Maintenance deposit: ₹50,000-2 लाख। Interior: ₹5-15 लाख। ये extras 15-25% और जोड़ते हैं।
Every 1% increase in mortgage rates reduces your buying power by approximately 10%. Going from 4% to 7% rates means you can afford roughly 30% less house on the same income — which is exactly what happened from 2021 to 2023.
