Home Loan EMI
Calculate your home loan EMI and total housing loan interest
Home Loan EMI Calculator
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Yr
Monthly EMI₹0Estimated monthly payment
Principal amount₹0
Total interest₹0
Total payment₹0
Principal amount
Total interest
Your Amortization Details (Yearly/Monthly)
| Year | Principal (A) | Interest (B) | Total (A + B) | Balance |
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How to use this calculator
What is home loan EMI?
Home loan EMI is the fixed monthly payment you make to repay a housing loan. It includes principal and interest components spread across the loan tenure.
Factors affecting home loan EMI
EMI depends on loan amount, interest rate, and tenure. A longer tenure lowers EMI but increases total interest. Most Indian home loans run 15–25 years.
Formula
EMI = P × r × (1 + r)^n / ((1 + r)^n − 1)Examples
- ₹50,00,000 home loan at 8.5% for 20 years → EMI ≈ ₹43,391
- ₹30,00,000 home loan at 8% for 15 years → EMI ≈ ₹28,670
Frequently asked questions
What is a typical home loan interest rate in India?
Rates vary by bank and profile, often roughly 8–9.5% p.a. Use your bank’s offered rate for accurate planning.
Does this include registration or insurance charges?
No. This calculator estimates EMI on the loan principal only. Processing fees and insurance are extra.