To use the calculator, follow these steps:

• Select your occupation (Government job, Private job, Business).
• Enter the down payment amount you can afford on your own, with help from family or friends.
• Choose your monthly income range.
• Enter your exact monthly income.
• Input total of monthly EMIs you are paying.
• Adjust the slider for your age.
• Select the desired loan term (in years).
• Enter your credit score using the slider.

If your income changes from one year to another, enter your average income over the last two years. This should be enough to give you a rough idea of how much you could borrow.

• Occupation: Choose whether you work in a government job, private job, or own a business.
• Down Payment: Enter the amount you can pay upfront for the property.
• Range (Monthly Income): Select your monthly income range.
• Monthly Income: Enter your exact monthly income.
• Other EMIs (Monthly): Input the total of all monthly EMIs you are currently paying.
• Age: Specify your age.
• Loan Term (Years): Choose the duration for which you want to take the loan.
• Credit Score: Enter your credit score using the slider to get a more accurate affordability result.

The calculator uses the information provided about your financial profile (down payment, monthly income, existing EMIs, age, credit score) and your preferences (loan term) to estimate the maximum property cost you can afford.

Your credit score is a crucial factor that lenders consider to determine your creditworthiness. A higher credit score typically results in better loan offers and lower interest rates, which can increase your affordability.

If the maximum property cost you can afford is lower than expected, consider the following:

• Increasing your down payment amount.
• Increasing your monthly income by adding a family member in the loan who is earning.
• Increasing your monthly income by adding a family member in the loan who is earning.
• Paying off existing EMIs to reduce your monthly liabilities.
• Reduce the remaining tenure of existing loans. By paying off a portion of the outstanding principal on a current loan, you can shorten the remaining tenure to 11 months or less. Lenders typically disregard EMIs that have 12 months or fewer remaining.

Our platform is customer-centric and we understand that the journey to securing a loan can be complex. That's why we've designed our affordability calculator to give you a reliable estimate based on the information you provide. We trust that you’ve given us accurate details and have the necessary documents to support them.

Once you have an estimate of the property cost you can afford, you have 2 options:

• You can start looking for properties within that budget and apply for a loan with your preferred lender.
• You can apply for a pre-approval letter from your preferred lender. Once you know the approved loan amount, you can finalize your property. Afterward, the bank will disburse the loan.