Mortgage Calculator for First Time Buyers
Calculate your first home loan EMI and affordability
First Time Home Buyer Tips
- Save for down payment: Aim for at least 20% to avoid PMI
- Check credit score: Higher score = lower interest rate
- Consider all costs: Include registration, stamp duty, maintenance
- EMI should be <40% of income: Ensures financial stability
Government Schemes for First Time Buyers
Check PMAY (Pradhan Mantri Awas Yojana) for interest subsidies up to ₹2.67 lakh for eligible buyers.