When you buy a property, banks will be willing to fund the property. Most banks and HFCs will finance up to 80-85% of the cost of the property. The balance will have to be brought in as your equity margin. Ensure that you have these funds available with you. Secondly, check your CIBIL score, which is offered by most banks online for a small fee. If you CIBIL score is high in the range of 800-900 you stand a much better chance of getting a loan at a reasonable cost. Thirdly, ensure that you can afford to pay the EMI. The thumb rule is that your EMI for the home loan should not be more than 40% of your net take home salary after considering your routine expenses. This is also the criterion that the banks will use while financing. Lastly, ensure that you are able to get the full tax benefits. There is a tax exemption of Rs.200,000 under Section 24 for interest on home loan, an additional deduction of Rs.50,000 for first-time buyers and an outer limit of Rs.150,000 under Section 80C for principal repayment. Section 80C on principal is not an individual exemption but it is one of the items and sharers the limit with other asset classes like ELSS, PPF, CPF, Life insurance etc. You need to structure your EMIs in such a way that you are able to make the best of all these provisions.