What is the minimum down payment for a home loan in India?

Most banks require a minimum down payment of 10-20% of the property value. For loans up to ₹30 lakhs, the minimum is typically 10%. For loans above ₹75 lakhs, banks may require 25% or more.

Is a higher down payment better?

Yes, a higher down payment reduces your loan amount, lowers your monthly EMI, reduces total interest paid, and may help you get a better interest rate. It also means you start with more equity in the property.

Can I get a home loan with zero down payment?

No, RBI regulations require banks to maintain a Loan-to-Value (LTV) ratio. The maximum LTV for home loans up to ₹30 lakhs is 90%, meaning at least 10% must be paid as down payment.

What other costs should I budget besides down payment?

Apart from down payment, budget for stamp duty (3-8%), registration charges (1-2%), GST (if under-construction), legal fees, broker fees, interior/renovation costs, and a 3-6 month emergency fund.

Down Payment Planner

Plan . Optimize

Plan your upfront payment and see how it impacts your loan and EMI.

Understand the relationship between down payment percentage, loan amount, EMI, and total interest. Find the sweet spot that balances your upfront investment with long-term savings.

Down Payment %Loan AmountMonthly EMITotal InterestXLS ReportDown Payment %Loan AmountMonthly EMITotal InterestXLS Report

Scope - Home Loan | Plot Loan | All Property Types

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Plan Your Down Payment

Property Price

₹

₹5L₹20Cr

Down Payment

5%90%

Rate (%)

Tenure

Yrs

Down Payment

₹15,00,000

20% of property price

Down Payment

Loan Amount

Loan Amount₹60,00,000

Monthly EMI₹52,069

Total Interest₹64,96,655

Total Cost₹1,39,96,655

Great! A strong down payment significantly reduces your total loan and interest outflow.

Impact of Down Payment % on Total Interest

Higher down payment significantly reduces total interest paid over the loan tenure

How Much Down Payment Should You Make?

Most banks in India require a minimum down payment of 10-20% of the property value. A higher down payment (20%+) reduces your loan amount, lowers your monthly EMI, and saves significant interest over the loan tenure. Use this planner to find the optimal down payment that balances your upfront investment with long-term savings.