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  5. Home Loan Calculator

Finance calculator

Home Loan Calculator

Plan your home loan EMI and long-term interest cost. Enter your details to see an estimate.

Enter your details

Update the values below and select calculate.

Total amount you plan to borrow

Rs.

Reducing-balance annual rate

%

Repayment period in years

years

Calculation result

Your estimated EMI is ₹12,399 per month

Monthly EMI
₹12,399
Principal amount
₹10,00,000
Total interest
₹4,87,828
Total repayment
₹14,87,828

Repayment composition

₹10,00,000
Principal
₹4,87,828
Interest

Calculation breakdown

Loan amountAmount borrowed from the lender
₹10,00,000
Interest rateAnnual reducing-balance rate
8.5%
Loan tenure
120 months
Interest share
32.79%
  • * This is an estimate based on a reducing-balance loan.
  • * Actual lender fees, taxes, and insurance are not included.

Frequently asked questions

How is loan EMI calculated?

EMI is calculated using the reducing-balance formula based on principal, monthly interest rate, and number of monthly instalments.

Does the EMI include processing fees?

No. Processing fees, insurance, taxes, and lender-specific charges are not included unless your lender adds them to the financed amount.

Before you decide

This calculator provides an estimate. Confirm rates, fees, taxes, and product terms with your provider.