Down Payment Assistance Calculator

This calculator helps you with the maximum eligible amount towards interest free down payment assistance under the HomeCapital Program. Please note that the interest free down payment assistance cannot exceed your contribution (i.e. 50% of the total down payment requirements). Kindly fill the basic details below to know your eligible amount.

My Details
HomeNxt Loan Offerings
Years
percent

You can afford a home worth

(A + B + C + D)
(A + B + C + D)

A) Homebuyer Savings

B) HomeCapital Assistance

C) Home Loan

D) Balance Payments

Eligibility amount and final approval would be subject to verification of your income and KYC Documents. Click on “Apply Now” to complete the Application process.

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HomeCapital Down Payment Assistance

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Home Loans by HomeNxt


Home Financial Planning

The table below illustrates the break-up of the final price of your house and sources of funds to help you plan your finances better.

Cost of Home

Home Price
Stamp Duty and Registration
GST
   
Total Home Price

Payment Structure

Homebuyer Savings
HomeCapital Assistance
Home Loan
Balance Payments
Total Payments

Note: Stamp Duty and other charges are indicative only. Please reconfirm the exact charges with the developer at the time of booking. Actual home loan amount is subject to approval of lending bank.


Initial Contribution Amount Workings

Please find below the indicative break-up of down payment requirements for your selected home. HomeCapital will arrange interest free loan for 12 months for an amount of up to 50% of the initial down payment requirements.

Initial Contribution Amount

Offering booking amount  
GST  
Stamp Duty amount  
Total Down Payment Required

Fund Source

Homebuyer Savings
HomeCapital Assistance
   
Total Payments

Note: Stamp Duty and GST charges are indicative only. Please reconfirm the exact charges with the developer at the time of booking. Down payment assistance is subject to you paying your contribution (minimum 50% of the down payment requirements).


Repayment Schedule

The table below illustrates the monthly payment schedule including your home loan EMIs and interest free down payment assistance EMIs. Total EMIs as % of salary indicate your debt level (65% or below is considered normal).

Time to Possession :
1 year
Home Loan Amount :
71,40,000
HomeCapital Tenure :
months
Home Loan Tenure :
years

Note: Home loan outstanding is based on construction linked disbursements estimates for a standard 3 year construction period.


Repayment Chart


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