Before you book a flat, you need to know how much cash leaves your bank account on day one — not just the EMI that starts later.
About this calculator
Before you book a flat, you need to know how much cash leaves your bank account on day one — not just the EMI that starts later. A down payment calculator splits the home price into three numbers: what you pay upfront as down payment, what the bank lends, and what you owe the state as stamp duty and registration.
In India, most banks finance up to 80% of the agreement value for salaried borrowers, which means a 20% down payment on a ₹50 lakh flat is ₹10 lakh from your pocket. Stamp duty adds another 5–7% depending on the state and whether you are a woman buyer (some states offer a discount). On ₹50 lakh at 6%, that is ₹3 lakh more before you get the keys.
Total upfront cash is the number that catches buyers off guard. It is down payment plus stamp duty, not either one alone. Budget this before you sign the agreement — banks will not finance stamp duty as part of the home loan in most cases. After you know the loan amount, run the [[home-affordability]] calculator to check whether the EMI fits your income, and use [[rent-vs-buy-lifetime]] if you are still deciding between renting and buying.
Common uses
- Calculating upfront cash for a ₹40–60L flat in Mumbai, Bengaluru or Pune
- Comparing 10% vs 20% down payment and the resulting loan amount
- Adding state stamp duty to the down payment for a realistic cash requirement
- Checking LTV before applying for a home loan pre-approval
- Planning how much to save before starting a property search
Frequently asked questions
How much down payment do I need for a home loan in India?
Most banks ask for 20% down on the agreement value for salaried borrowers. On a ₹50 lakh flat that is ₹10 lakh from you and ₹40 lakh from the bank. Some lenders offer 90% LTV for strong profiles but at a higher rate.
Does stamp duty count as part of the down payment?
No. Down payment reduces the loan amount. Stamp duty and registration are separate state charges you pay at registration. Budget both — on a ₹50L property at 6% stamp duty, you need ₹10L down plus ₹3L stamp duty, or ₹13L total upfront.
Can I use my EPF or FD as down payment for a home loan?
Yes. Banks accept down payment from savings, FD liquidation, EPF withdrawal (after 5 years of service for house purchase), or a gift from immediate family with a gift deed. The source must be documented in your loan file.
What is LTV and why does it matter?
Loan-to-value (LTV) is the loan amount divided by property value. An 80% LTV means you put 20% down. Higher LTV means a larger loan, higher EMI, and sometimes a higher interest rate. RBI caps LTV at 90% for loans up to ₹30 lakh.
How much upfront cash do I need for a ₹75 lakh flat with 20% down?
Down payment is ₹15 lakh (20% of ₹75L). Add stamp duty — at 6% that is ₹4.5 lakh. Total upfront cash is roughly ₹19.5 lakh before registration. The loan amount would be ₹60 lakh.