Estimate purchase or rental costs using your own inputs, visible formulas and labelled assumptions.
Monthly instalment, total interest and payoff schedule
₹34,713
Monthly EMI
₹43.31 L
Total interest
52% of total outflow
₹83.31 L
Total payment
over 20 years
How this is computed
EMI = P·r·(1+r)n / ((1+r)n−1), where P = loan amount, r = monthly rate (annual ÷ 12), n = months. The EMI is rounded to the rupee (as lenders do); total payment = EMI × months, total interest = total − principal. The rate is yours to enter — MyStreetBiz never quotes a bank rate.
₹10 L
Down payment (20% of price)
₹40 L
Loan needed
LTV 80%
₹10 L
Upfront cash
down payment only
At 80% LTV this is within the RBI cap of 80% for a ₹30–75 lakh loan.
How this is computed
Down payment = price × down%. Loan = price − down payment. LTV (loan-to-value) = loan ÷ price. The RBI caps LTV by loan size (up to ₹30L: 90%, ₹30–75L: 80%, above ₹75L: 75%); the complement is your minimum down payment. Stamp duty + registration is set per state — enter your state's rate; it's upfront cash, not part of the loan.
₹77.78 L
Max home price (at 20% down)
₹62.22 L
Max loan
₹54,000
EMI headroom
of ₹54,000 FOIR ceiling
Enter your own sanctioned/quoted rate. Home-loan rates in India are repo-linked (RLLR = repo rate + lender spread) and differ by bank, tenure, loan-to-value and credit score. MyStreetBiz does not quote or store bank rates — see the RBI policy rate and each lender's published RLLR.
How this is computed
Your total EMIs are capped at FOIR × income = ₹54,000. Subtracting existing EMIs leaves ₹54,000 of headroom. Inverting the EMI formula at your rate & tenure turns that headroom into the largest loan it can service; dividing by (1 − down%) gives the home price. FOIR is a lender guideline, not a regulation — your bank's cap and credit profile decide the real number.
₹24,000
Estimated monthly rent limit
₹72,000
Income under a 3× screening assumption
An example screening rule, not a universal requirement
How this is computed
Estimated rent limit = income × 30% − existing obligations. The 30–40% band is a budgeting rule of thumb, not a regulation. Some landlords use an income-to-rent screening rule; the separate 3× figure is shown only as an adjustable planning reference.
