RapidCheck

Home Affordability Calculator

Estimate the home price you can afford from your income.

Last updated: 20 Aug 2026

Quick answer

A common rule of thumb is that an affordable home price is about 4–5 times your annual income: price = annual income × multiple. For example, 5× on ₹15,00,000 income is ₹75 lakh. Enter your income and multiple above.

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Estimate how much home you can afford with the income-multiple rule of thumb: price ≈ annual income × 4–5. For a precise figure, combine your down payment with your loan eligibility.

How to estimate home affordability

  1. 1 Enter your annual household income.
  2. 2 Choose a multiple (4–6× — conservative to aggressive).
  3. 3 We show an affordable home price.

Frequently asked questions

How much home can I afford?
A rule of thumb is 4–5 times annual income; the precise amount depends on your down payment, EMIs and loan eligibility.
Is the income-multiple rule accurate?
It is a quick guide. For accuracy, use our home loan eligibility and EMI calculators alongside your savings.
Should I stretch to the maximum?
Keep EMIs comfortable (ideally under 40% of income) and retain an emergency fund rather than buying at the limit.

Related checkers

Home Loan Eligibility Checker Down Payment Calculator Home Loan EMI Calculator