होम लोन EMI कैलकुलेटर
Home loan EMI calculator
A home loan is a long commitment. See the monthly EMI and the real cost over 20 years before you sign.
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Monthly EMI
₹43,391
Total interest
₹54.14 L
Total payment
₹1.04 Cr
| Year | Principal paid | Interest paid | Balance |
|---|---|---|---|
| 1 | ₹99,511 | ₹4,21,182 | ₹49,00,489 |
| 2 | ₹1,08,307 | ₹4,12,387 | ₹47,92,181 |
| 3 | ₹1,17,881 | ₹4,02,813 | ₹46,74,300 |
| 4 | ₹1,28,300 | ₹3,92,394 | ₹45,46,000 |
| 5 | ₹1,39,641 | ₹3,81,053 | ₹44,06,359 |
| 6 | ₹1,51,984 | ₹3,68,710 | ₹42,54,375 |
| 7 | ₹1,65,418 | ₹3,55,276 | ₹40,88,957 |
| 8 | ₹1,80,039 | ₹3,40,655 | ₹39,08,918 |
| 9 | ₹1,95,953 | ₹3,24,741 | ₹37,12,965 |
| 10 | ₹2,13,274 | ₹3,07,420 | ₹34,99,691 |
| 11 | ₹2,32,125 | ₹2,88,569 | ₹32,67,566 |
| 12 | ₹2,52,643 | ₹2,68,051 | ₹30,14,923 |
| 13 | ₹2,74,974 | ₹2,45,720 | ₹27,39,949 |
| 14 | ₹2,99,279 | ₹2,21,415 | ₹24,40,670 |
| 15 | ₹3,25,733 | ₹1,94,961 | ₹21,14,937 |
| 16 | ₹3,54,525 | ₹1,66,169 | ₹17,60,412 |
| 17 | ₹3,85,862 | ₹1,34,832 | ₹13,74,550 |
| 18 | ₹4,19,968 | ₹1,00,726 | ₹9,54,582 |
| 19 | ₹4,57,090 | ₹63,604 | ₹4,97,492 |
| 20 | ₹4,97,492 | ₹23,202 | ₹0 |
How to use it
- 01Enter the loan amount: property price minus your down payment.
- 02Set the interest rate and the tenure, up to 30 years.
- 03Read the EMI, total interest and the year-by-year split.
₹50 L · 8.5% · 20 years
EMI ₹43,391, total interest ₹54.1 L
About this tool
On a long loan most of the early EMIs go to interest, which is why the total interest can approach the loan amount itself. The calculator uses the standard reducing-balance formula and shows, year by year, how much principal you repay and how much balance is left, so you can see the effect of a part-payment or a shorter tenure.
The ₹50 lakh, 8.5% and 20 years in the starting state are an example only. They are not today's rates or a quote: home loan rates differ by lender, loan size and credit profile, and a floating rate changes over the life of the loan. Processing fees, insurance and charges are not included.
It runs in your browser and stores nothing. Under the old tax regime, home loan interest has a deduction limit; see the income tax calculator. Compare lenders with the loan comparison calculator.
हिंदी में मदद
होम लोन की रकम, ब्याज दर और अवधि डालें और मासिक EMI, कुल ब्याज और हर साल का मूलधन-ब्याज बँटवारा देखें। पेज पर भरे आँकड़े केवल उदाहरण हैं। अपने बैंक की दर डालें, क्योंकि फ़्लोटिंग दर बदलती रहती है।
Questions
How is a home loan EMI calculated?
With the reducing-balance formula EMI = P × r × (1 + r)^n ÷ ((1 + r)^n − 1). ₹50 lakh at 8.5% for 20 years is about ₹43,391 a month.
Is 8.5% my home loan rate?
Not necessarily. It's a placeholder. Rates differ by lender and profile and may be floating, so enter your sanctioned rate.
Does a shorter tenure save money?
Yes. The EMI is higher, but total interest falls sharply. Try 15 versus 20 years to see.
Is there a tax benefit on home loan interest?
Under the old tax regime, interest on a self-occupied home qualifies for a limited deduction. See the income tax calculator and verify current rules.