Home Affordability Calculator
Calculate the maximum home value you can afford with smart EMI + SIP budget planning
Important Disclaimer
This tool is for educational and estimation purposes only. Actual results may vary. Please consult a certified financial planner before making financial decisions.
- • Standard amortized loan with fixed EMIs and reducing balance method
- • Monthly EMI payments at the end of each month
- • No prepayments, foreclosures, or part-payments considered
- • Fixed interest rate for entire tenure
- • Monthly SIP contributions at the beginning of each month
- • Monthly compounding frequency as per mutual fund practices
- • Constant rate of return - actual returns are market-dependent
- • No exit loads, taxes, or charges considered
Smart Home Affordability goes beyond traditional EMI calculations. This tool optimizes your monthly budget between EMI and SIP to maximize your home purchase value while ensuring your investments offset the loan interest.
Optimal Budget Allocation: The calculator finds the perfect balance between EMI (for home purchase) and SIP (for wealth creation) within your monthly budget. This ensures you buy the most expensive home possible while keeping it effectively "interest-free."
Long-term Wealth Strategy: By combining home ownership with systematic investing, you're not just buying a house - you're building a comprehensive wealth creation strategy that maximizes your financial potential over the loan tenure.