How much home can I afford?

From your monthly income and the EMIs you already pay, see a comfortable home loan and the price range it opens up.

Monthly household income (Rs.)EMIs you already pay each month (Rs.)Use a bank’s rate

Interest rate (% a year)Term (years)

Assumptions

Share of income for all EMIs (%)Many lenders and advisers keep all repayments to about 40% of income.Share of the price the bank lends (%)Banks lend part of the value and you pay the rest. Check the limit your bank and Nepal Rastra Bank allow for your case.

Home price range

Rs. 1.21 Crore – Rs. 1.31 Crore

Comfortable new EMI: Rs. 60,000
Loan you could take: Rs. 84.4 Lakh – Rs. 91.6 Lakh
Down payment you need: Rs. 36.2 Lakh – Rs. 39.3 Lakh

The lower figures assume the rate rises by 1 percentage point, as floating rates often do.

See homes in this price range Check the EMI for this loan

A rough guide, not a loan offer. Banks decide based on your documented income, credit history, the property and their own rules.