Most buyers finance a home with a loan, and the numbers feel less scary once they're on paper. Here's how to think about the down payment, EMI and total budget for the two configurations at Santiago Skymont.
Start with the price
| Configuration | Price | Illustrative 80% loan |
|---|---|---|
| 2 BHK | ₹58.90 Lakhs | ≈ ₹47 Lakhs |
| 3 BHK | ₹76.90 Lakhs | ≈ ₹61.5 Lakhs |
Illustrative only. Loan approval depends on your income, CIBIL score and the lender's policy. Use the current rate from your bank to compute the exact EMI.
Know your down payment
With an 80% loan-to-value, the 2 BHK needs roughly ₹12 Lakhs up front and the 3 BHK about ₹15 Lakhs, before registration and stamp duty (payable separately at government rates). The pre-launch Gold token of ₹21,000 is a fully refundable way to lock your unit while you finalise the loan.
Rough EMI math
For planning, a loan of about ₹47 Lakhs over 20 years at prevailing rates lands an EMI in the low ₹40,000s per month; the 3 BHK loan of about ₹61.5 Lakhs sits higher. Exact numbers swing with rates, so treat these as ballpark ranges and get a precise quote before committing.
Three smart rules before you borrow
- Keep EMI within 40% of take-home income — leave room for living costs and interest rate changes
- Check your CIBIL score first — a score above 750 gets meaningfully better rates
- Don't stretch the tenure to the max — a slightly shorter tenure saves lakhs in interest
Why pre-launch helps your loan
Locking a pre-launch price means your loan is based on today's rate sheet, and the all-inclusive starting price of ₹58.90 Lakhs keeps your LTV (and your down payment) favourable. Combine the numbers with floor plans and the 2 vs 3 BHK comparison to finalise your budget.