Down Payment Calculator
See your down payment, loan amount, and EMI for any property or vehicle.
Planning Your Down Payment
A larger down payment reduces your principal, your EMI, and the total interest you pay — but it also depletes liquid savings. Use this calculator to find the sweet spot for your budget.
Frequently Asked Questions
How much down payment should I make?
For a home loan, 20% is standard (max LTV 80%). A higher down payment lowers EMI and interest, but reduces your liquid savings — strike a balance.
What is LTV?
Loan-to-Value ratio. For home loans, RBI caps LTV at 75–90% depending on loan size. Higher LTV = lower down payment = higher EMI.
Can I get a home loan with 10% down payment?
Yes, for loans under ₹30 lakh. Above ₹30 lakh LTV is capped at 80%; above ₹75 lakh LTV is capped at 75%.
Should I use all savings for down payment?
No — keep 6 months of EMI as emergency buffer plus your regular liquidity needs. Emptying savings for a bigger down payment is risky.