Home Affordability on ₹2 Lakh Salary — Premium Budget
On ₹2L/month salary (₹24L/year) with ₹20L savings at 8.5% for 20 years: max EMI ₹60,000, max loan ₹69.2L, max house ₹89.2L. Enough for a 3BHK in prime areas of most 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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