How this down payment planner works
Current savings compound monthly, end-of-month contributions use an ordinary-annuity formula, and the target property price grows by the chosen annual assumption.
Worked example
For an ₹80 lakh home, 20% target, ₹5 lakh saved and ₹30,000 monthly contributions, the planner compares projected savings with an inflation-adjusted target after five years.
Try it yourself: the form above starts with these illustrative values. Change any input to see the result and chart update instantly.
Assumptions used
- Contributions occur at month end.
- Returns compound monthly before taxes and fees.
- Property inflation compounds annually for the target date.
What this estimate does not cover
- Returns and property inflation are uncertain.
- Taxes, investment risk, purchase costs and emergency reserves are excluded.
Financial contracts can use day-count, rounding, reset and fee conventions that differ from this educational model. Use your lender’s official schedule for a contractual figure.
Frequently asked questions
Does the calculator handle 0% return?
Yes. It adds current savings and monthly contributions without dividing by a rate.
Why can the target move faster than savings?
The property-price assumption may grow the required down payment while you are saving.
Official references
Regulatory statements are deliberately limited and linked to primary sources. These sources were last reviewed on 3 November 2026.
- RBI: Levy of foreclosure charges / pre-payment penalty on floating-rate term loans — Banks; floating-rate term loans sanctioned to individual borrowers. Always confirm current applicability to the specific loan.
- RBI FAQ: Reset of floating interest rates on EMI-based personal loans — Communication and options around interest-rate resets; home loans fall within the RBI definition of personal loans for this framework.
- RBI consumer guidance on home loans — General borrower education on APR, fees, margin/down payment and lender comparisons. Some examples may be historical; verify lender terms.