₹9.85L
₹57.07L
₹10,000 monthly SIP at 12% est. return by 2031 to build your dream home
SIP (Mutual Fund)
₹7,32,612 invested
₹9.85L
+₹2.52L
Home Savings Calculator — Plan Your Down Payment
HomePe's home savings calculator helps you plan exactly how much to invest every month to save for your dream home. Set your property price, timeline, and down payment percentage — then choose between SIP, FD, RD, or lumpsum investments to see your projected corpus.
How to save for a home down payment in India
Set your property target — enter the current property price, expected appreciation rate, and when you want to buy. HomePe calculates the future price automatically.
Choose your down payment — most banks require 10-20% of the property value. HomePe shows exactly how much you need to save.
Pick your investment type — SIP (10-14% expected returns), FD (6.5-7.5%), or RD (6-7.5%). Choose based on your timeline and risk appetite.
Track your progress — HomePe shows real-time gap analysis: how much more you need to invest monthly to reach your goal on time.
SIP vs FD vs RD — which is best for home savings?
| Instrument | Returns | Risk | Best For |
|---|---|---|---|
| Mutual Fund SIP | 10–14% p.a. | Medium | 3+ year, growth-seeking |
| Fixed Deposit | 6.5–7.5% p.a. | None | Conservative, short-medium |
| Recurring Deposit | 6–7.5% p.a. | None | Monthly savers, zero risk |
For a 5-year horizon, a ₹10,000/month SIP at 12% builds approximately ₹8.2L. The same in an RD at 7% builds ~₹7.2L. HomePe lets you combine instruments — e.g., ₹7,000 in SIP for growth and ₹3,000 in RD for safety.
How much do I need to save for a home in India?
The typical down payment is 10-20% of the property value. On a ₹50L property, that means saving ₹5-10L. Additionally, budget 7-10% for registration, stamp duty, and moving costs.
What is HomePe Save for Home?
Save for Home is HomePe's goal-based savings product for people who don't yet own a home. You tell HomePe what kind of home you want, where, and by when. HomePe uses AI-powered locality analysis to estimate realistic property prices, then creates a personalised savings plan. Your investments go directly into SEBI-regulated mutual funds through FinTech Primitives — HomePe never touches your money.
Frequently asked questions
Is HomePe free for saving toward a home?
Yes. HomePe is completely free for users. We earn commissions from mutual fund and banking partners — never from you. No subscription fees, no hidden charges.
How much should I invest monthly to buy a ₹50L home in 5 years?
For a 20% down payment (₹10L target), you'd need approximately ₹12,500/month in a SIP at 12% expected returns. Accounting for 6% property appreciation, the future price would be ~₹67L, requiring about ₹16,500/month.
Can I save for multiple home goals at the same time?
Yes. HomePe supports up to 5 simultaneous savings goals — down payment, registration charges, interior design, emergency fund, or anything related to your home.