Financial Calculators
Home Down Payment Calculator
The house will cost more by the time you buy it. Plan the down payment for that price, not today's.
Invest every month
₹25,958
to have the down payment ready in 5 years
- Property price in 5 years
- ₹1,07,05,805
- Down payment needed
- ₹21,41,161
For goals under about 5 years, keep this money in lower-volatility instruments; a market fall should never collide with a purchase deadline.
The first cheque decides the whole loan
The down payment is the most consequential cheque in a home purchase: a larger one shrinks the loan, the EMI and decades of interest. The trap is that property prices inflate while you save, so a plan built on today's price arrives short.
This calculator inflates the property price to your purchase year, takes your down payment percentage of that future price, and computes the monthly SIP that gets you there on schedule.
How the calculation works
Future price = today's price x (1 + property inflation)^years\nDown payment = future price x DP%\nRequired SIP = down payment / SIP annuity factorWorked example: a home priced Rs 80,00,000 today, bought in 5 years with 20% down, at 6% property inflation and 12% return: the price becomes about Rs 1,07,05,805, the down payment about Rs 21,41,161, and a SIP of about Rs 25,958 per month funds it.
Frequently asked questions
How big should the down payment be?
Lenders typically require 10 to 25%; putting down more than the minimum cuts lifetime interest sharply. Balance it against keeping your emergency fund intact.
Where should down-payment savings sit?
With under five years to the purchase, favour lower-volatility instruments, moving fully conservative in the final year. A market dip must not delay your registry date.
Should I also budget beyond the down payment?
Yes: stamp duty, registration, brokerage and interiors commonly add 8 to 12% of the price. Pad the target accordingly.
Rent or buy in the meantime?
A genuinely personal equation of stability, city and cash flows. We run the numbers both ways with clients without an agenda.
Buy the house on your schedule.
We plan the down payment, then the EMI, so the home strengthens your finances instead of straining them.