Down Payment & Mortgage Calculator
Most calculators lie by telling you that you only need 20% down. Discover the brutal truth of the hidden upfront costs (Stamp Duty, Registration, Brokerage) that banks refuse to finance.
Capital Requirement Report
The Brutal Truth
While the bank claims you only need 20% down, the hidden, un-financeable costs force your actual upfront cash requirement to a massive 25.2% of the total transaction value.
The Real Math of Buying Real Estate
Most standard mortgage calculators create a false sense of affordability by only asking for the "20% Down Payment". They ignore the massive transaction costs of Indian real estate.
1. Unfinanceable Costs
RBI strictly prohibits banks from financing Stamp Duty, Registration charges, and Brokerage. This means this 6% to 8% cost must be paid 100% out of your pocket in cash on day one.
2. The LTV Illusion
LTV (Loan to Value) is calculated strictly on the agreement value. If you buy a ₹1 Cr house, an 80% LTV means an ₹80 Lakh loan. But because of stamp duty, the total cost to you is ₹1.07 Cr. This means your true downpayment effectively balloons to over 25%.
Frequently Asked Questions
Can I include stamp duty in my home loan?expand_more
What is the maximum LTV allowed in India?expand_more
The Next Logical Step in Your Mortgage Strategy
Don't let the bank dictate your financial timeline. Optimize your balance, tax deductions, and tenure:
Prepaying small amounts early cuts your loan tenure by years and saves lakhs in interest.
Factor in property maintenance, inflation, and opportunity cost before committing to a 20-year loan.
Borrowing at 8.75% against real estate is 50% cheaper than unsecured personal loans.
Dealers quote low flat rates that are mathematically double when calculated on reducing balance.