EMI & cost calculator
Work out your monthly EMI, total interest and the cash you need upfront for a home in Chennai, including approximate stamp duty and registration in Tamil Nadu.
Your loan
Monthly EMI—
- Loan
- —
- Total interest
- —
- Down payment
- —
- Stamp duty + reg. (~9%)
- —
Illustrative only. Your bank decides the final rate and eligibility.
How much can you borrow?
Banks usually cap your total EMIs at 40-50% of your monthly take-home pay, and lend up to 90% of the property value for loans up to ₹30 lakh, 80% up to ₹75 lakh and 75% above that. Adding a co-applicant's income increases eligibility.
Costs on top of the price
- Stamp duty 7% and registration 2% in Tamil Nadu, on the applicable value
- GST 5% on under-construction homes (1% for affordable homes); none on completed homes or plots
- Car parking, club membership, corpus fund and maintenance deposit
- Loan processing fee, legal and valuation charges
Want an exact cost sheet?
Tell us the project and unit you're considering and we'll get you a written cost sheet.