Property Valuei
₹
Downpaymenti₹15,00,000
%
Interest Ratei
%/yr
Loan Tenurei
years
Your Finances
Monthly Take-home Incomei
₹
Existing EMIs / obligationsi
₹
One-time Costs
Stamp Duty + Registrationi₹3,00,000
%
Processing Feei₹9,000
%
rentvsbuy.inOne calculator for all your finances
⚠ Total EMIs are 40% of income. Banks prefer below 40%. Approval may need a co-applicant.
Monthly EMI
₹40,488
20 yr tenure
Loan Amount
₹45,00,000
75% LTV
Cash needed upfront
₹18,09,000
downpayment + costs
Affordability ratios
EMI / Income40%
Total EMIs / Income40%
LTV Ratio75%
Loan summary
Loan amount₹45,00,000
Total interest₹52,17,040
Total payment₹97,17,040
Registration + stamp duty₹3,00,000
Processing fee₹9,000
Total cash needed upfront₹18,09,000
Tax benefits (approx.)
Sec 24 interest deduction (up to)₹2,00,000/yr
Sec 80C principal deduction (up to)₹1,50,000/yr
Approx. annual tax saving (30% slab)₹60,000
Over loan tenure₹12,00,000
Numbers are estimates. Consult a qualified financial advisor before making major decisions. · rentvsbuy.in