A chartered accountant detailed the true financial commitment of buying a home, using an 80 lakh property as an example. He emphasized that beyond the advertised price, buyers must consider significant upfront costs like stamp duty and down payments, totaling approximately 24 lakh for the example home. Furthermore, ongoing expenses, including a substantial monthly EMI of around 57,500 for a 64 lakh loan, extend the financial pressure beyond initial calculations, often catching first-time buyers unprepared for the full burden.