Home Affordability on ₹1 Lakh Salary — Max House Price

On ₹1L/month salary (₹12L/year) with ₹10L savings at 8.5% for 20 years: max EMI ₹30,000, max loan ₹34.6L, max house ₹44.6L. Enough for a 2BHK in most Indian cities.

Max House Price

₹61,85,388

Max Loan Amount

₹51,85,388

Max Monthly EMI

₹45,000

Down Payment (Savings)

₹10,00,000

Based on the 30% DTI (Debt-to-Income) rule — your EMI should not exceed 30% of monthly income. Lenders typically require 10–20% down payment. Savings assumed to be used fully as down payment.

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Calculated with CalcHub

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Common questions about Home Affordability on ₹1 Lakh Salary — Max House Price

What house can I afford on ₹1 lakh salary?

With ₹1L/month salary and ₹10L savings, you can afford up to ₹44.6 lakh. This gets you a 2BHK in Bangalore, Pune, or Hyderabad outskirts, or a 3BHK in tier-2 cities like Jaipur, Lucknow, or Indore.