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About this tool
Work out the monthly saving needed for a house down payment, including stamp duty, price growth and the RBI loan-to-value cap.
A down payment planner works out the monthly saving that puts the right amount of cash in your hands on the day you buy, not the day you plan. It inflates the property price to the purchase date, adds stamp duty and registration — costs a housing loan does not cover — compounds what you have already set aside, then solves the ordinary-annuity payment C = gap × i ÷ ((1+i)^n − 1) for the shortfall. It also checks the down payment against the RBI loan-to-value ceiling, which sets the legal minimum a bank can accept.
Open House Down Payment Savings Planner on AltFTool — it loads instantly in your browser.
Enter the values you already know.
Fine-tune the options to match your scenario.
Read the result and use it in your planning or reporting.
Registration and duty are charged on the property value and paid in cash, so they are added to the target rather than assumed away.
The plan is tested against the RBI LTV slab for the property value, so an impossible down payment is flagged before you commit.
The loan left after your down payment is turned into an EMI at your chosen rate and tenure.
It follows the RBI loan-to-value ceiling: 90% LTV for loans up to ₹30 lakh, 80% for loans above ₹30 lakh and up to ₹75 lakh, and 75% above ₹75 lakh. That makes the minimum down payment roughly 10%, 20% and 25% of the property value respectively, before stamp duty. Lenders frequently ask for more than the regulatory floor.
Generally no. Under the RBI rule, stamp duty, registration and other documentation charges may be included in the property cost for LTV purposes only for loans up to ₹10 lakh; above that they must be funded from your own pocket. Budget them as cash on top of the down payment.
It is a state levy, so the rate depends on where the property is registered — commonly in the 4–7% range with registration charges of about 1% on top, and several states offer a lower rate for women buyers. Check the current rate on your state registration department's site before finalising the budget.
Match the instrument to the horizon. Under three years, a recurring deposit, short-tenure fixed deposit or liquid fund keeps the amount predictable, because an equity fall in the final year would force you to delay the purchase. Enter the realistic rate for whatever you actually use. This is general information, not investment advice.
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