Buying a home or renting in India, explained
The price of a home is where its cost starts, not where it ends. These guides add up the rest, show what a salary and a down payment each allow, and set renting and buying side by side on the same figures.
Educational information, not investment advice · Muktify is not SEBI-registered
The basics
The price is not the cost
Stamp duty, registration, brokerage, furnishing and the interest on the loan all sit on top of the sticker price. Stamp duty and registration charges vary by state and by property.
Two limits decide what a loan allows
A lender caps the EMI at a share of income and funds only part of the property’s price. The price a buyer can reach is set by whichever limit is lower: what the income supports, or what the down payment allows.
Renting versus buying is a question about time
Buying starts behind, because the down payment and the charges leave on day one. Whether and when it catches up depends on how long you stay, the loan rate and how the property’s price moves, which nobody can know in advance.
Start here
More on home & rent
Home loan on a ₹50,000 salary: about ₹28.8 lakh, worked out
On a ₹50,000 take-home, a ₹25,000 EMI services about ₹28.8 lakh at an example 8.5% over 20 years. The deposit, an existing EMI, and the rate and tenure, worked.
What are stamp duty and registration charges?
State taxes paid on the day you buy, from your own savings, rarely funded by a home loan. What they cover, who sets them, and why no one rate applies to all.
What salary do you need for a ₹50 lakh home loan?
There is no single figure — it runs from about ₹77,000 to ₹1.24 lakh a month on the same ₹50 lakh loan, depending on tenure and the lender's own limit.
Free calculators
Home Loan Affordability Calculator
How much home your salary and savings buy — and which of the two is the limit.
Rent vs Buy Calculator
True cost of renting vs buying a home, counting the equity you build.
Home Buying Cost Calculator
What a home costs beyond its price — stamp duty, registration, brokerage, interiors, interest and upkeep.
Other topics
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