Dream Home Planning

Turn Your Dream Home into Reality – With Smart Planning

Buying a home is one of the most significant financial decisions you'll make. Create a comprehensive strategy to save for your down payment, manage home loan requirements, and make informed decisions about property investment.

Down Payment Planning
EMI Affordability Planning
Tax Benefits Optimization

Calculate Your Home Purchase Plan

Adjust the parameters below to see your down payment requirement and investment plan

₹50,00,000
5 Years
20%

Monthly SIP Required

₹12,576

Down Payment

₹10,00,000

Loan Amount

₹40,00,000

Estimated EMI*

₹34,713

*8.5% for 20 years

Down Payment Fund Growth Projection

Total Cost of Home Purchase

Understanding all costs involved in buying a home

Property Price

Base property cost

100%

Registration & Stamp Duty

State government charges

5-7%

GST (if applicable)

For under-construction properties

1-5%

Legal & Documentation

Legal verification and paperwork

1-2%

Our Home Planning Process

A systematic approach to help you achieve your dream home goal

1

Define Your Dream Home

Identify your home requirements - location, size, type (apartment/villa), amenities, and approximate budget. Consider future needs and family growth.

2

Assess Financial Readiness

Evaluate your current savings, income stability, existing loans, credit score, and ability to service home loan EMIs comfortably.

3

Calculate Down Payment Requirement

Determine the down payment amount (typically 10-20% of property value) and create a savings plan to accumulate this corpus.

4

Plan EMI Affordability

Calculate affordable EMI based on your income and existing commitments. Ensure your home loan EMI doesn't exceed 40% of monthly income to maintain financial stability.

5

Create Investment Plan

Set up systematic investments (SIPs) in mutual funds or other instruments to build down payment fund over the desired timeline.

6

Optimize Tax Benefits

Maximize tax benefits through Section 80C investments, Section 24 home loan interest deduction, and Section 80EE first-time homebuyer benefits.

Comprehensive Home Planning Services

Everything you need to plan and finance your dream home purchase

Down Payment Planning

Strategic savings plan to accumulate the required down payment (10-20% of property value) through systematic investments over 3-7 years

SIP-based accumulation3-7 year horizonGoal-focused investing

Systematic Investment Strategy

Customized SIP strategy across equity, debt, and hybrid funds to build your home fund systematically with optimal asset allocation based on timeline

Multi-fund SIPAsset allocationTimeline-based strategy

EMI Planning & Affordability

Calculate affordable EMI based on income, existing commitments, and financial goals. Ensure EMI doesn't exceed 40% of monthly income

EMI calculatorAffordability checkTenure optimization

Property Cost Estimation

Complete cost analysis including property price, registration, stamp duty, GST, legal fees, and other associated costs

Total cost calculationHidden costsBudget planning

Tax Benefits Optimization

Maximize tax benefits through Section 80C (principal repayment), Section 24 (interest deduction), and Section 80EE (first-time buyers)

Section 80CSection 24Section 80EE

Investment Strategy for Home Fund

Customized investment portfolio with appropriate asset allocation (equity-debt mix) based on timeline and risk profile

Equity-debt allocationTax-efficient optionsLiquidity management

Why Plan Your Home Purchase?

Avoid Financial Stress

Plan your home purchase without disrupting your emergency fund or compromising other financial goals

Maximize Tax Benefits

Optimize tax savings through Section 80C, Section 24, and Section 80EE benefits, saving ₹50K-₹1L+ annually

Affordable EMI Planning

Ensure your home loan EMI is comfortable and doesn't exceed 40% of income, maintaining financial stability

Complete Cost Awareness

Understand all costs including registration, stamp duty, GST, and hidden charges for accurate budgeting

Optimal Down Payment

Balance between higher down payment (lower EMI) and maintaining liquidity for other needs

Long-Term Wealth Building

Home ownership builds equity over time and serves as a valuable asset in your wealth portfolio

Frequently Asked Questions

Common questions about home purchase planning

Most banks require 10-20% down payment for home loans. For properties above ₹75L, typically 20% down payment is required. For properties below ₹75L, you can get loans up to 90% (10% down payment). However, a higher down payment (30-40%) reduces your EMI burden and total interest cost. We help you determine the optimal down payment amount based on your financial situation and goals.

Home loan eligibility depends on your income, age, credit score, existing loans, and property value. Generally, banks offer loans up to 60-80 times your monthly income. Your total EMI (including home loan) should not exceed 40-50% of your monthly income. For example, if your monthly income is ₹1L, your total EMI capacity is ₹40-50K. We help you plan your finances to ensure you can comfortably afford the EMI while maintaining your other financial goals.

Home loans offer significant tax benefits: 1) Section 24: Interest deduction up to ₹2L per year (₹3.5L for self-occupied property), 2) Section 80C: Principal repayment deduction up to ₹1.5L per year, 3) Section 80EE: Additional ₹50K interest deduction for first-time homebuyers (property value < ₹50L, loan < ₹35L). These benefits can save you ₹50K-₹1L+ in taxes annually. We help you maximize these benefits through proper planning.

The decision depends on multiple factors: your financial readiness (down payment, EMI affordability), property prices in your area, interest rates, job stability, and personal circumstances. Generally, if you have stable income, can afford the down payment, and plan to stay in the city for 5+ years, buying makes sense. However, if prices are at peak or you're uncertain about location, waiting might be better. We help you analyze your specific situation to make an informed decision.

Typically, 3-7 years is a good timeline for accumulating home down payment. For a ₹50L property with 20% down payment (₹10L), investing ₹10-15K monthly for 5 years at 11% returns can help you reach the goal. Longer timelines (7-10 years) allow smaller monthly investments but delay home purchase. Shorter timelines (1-3 years) require larger monthly investments. We help you determine the optimal timeline based on your income and savings capacity.

Total cost includes: 1) Property price (100%), 2) Registration & stamp duty (5-7% of property value), 3) GST for under-construction properties (1-5%), 4) Legal & documentation (1-2%), 5) Home loan processing fees (0.5-1%), 6) Interior and furnishing (optional, 10-20%). For a ₹50L property, total cost can be ₹55-60L including all charges. We provide detailed cost breakdowns to help you plan accurately.

Yes, but consider the implications. Liquidating equity investments before their goal timeline can result in suboptimal returns and tax liability (capital gains). If home purchase is a priority, we help you plan the withdrawal strategy, considering tax implications and opportunity costs. Ideally, create a separate home fund rather than disrupting long-term investments. However, if you have surplus funds with no better use, using them for down payment makes sense.

Ready to Own Your Dream Home?

Get a free, personalized home purchase plan with down payment strategy, loan eligibility assessment, EMI planning, and tax optimization. Start your journey to homeownership today.

HRP Wealth | Financial & Investment Expert | Ahmedabad