Home Loan Calculator
Plan your dream home purchase with our Home Loan Calculator. Get instant EMI, total interest payable, and a month-by-month amortization schedule with beautiful visualizations.
Monthly EMI
₹43,391
Total Interest
₹54,13,879
Total Amount
₹1,04,13,879
Interest %
108.3%
Year-wise Principal vs Interest
Home Loan EMI
EMI = P × r × (1 + r)^n / ((1 + r)^n - 1) For home loans: P = Loan amount (property value - down payment) r = Monthly interest rate n = Tenure in months (up to 30 years)
Examples
₹50L home loan, 8.5%, 20 years
Result: EMI: ₹43,391 | Total Interest: ₹54.14L
On a ₹50L home loan, you end up paying ₹1.04 crore total.
₹25L home loan, 9%, 15 years
Result: EMI: ₹25,377 | Total Interest: ₹20.68L
Shorter tenure saves significant interest.
₹1Cr home loan, 8.75%, 25 years
Result: EMI: ₹82,002 | Total Interest: ₹1.46Cr
For premium properties, the total cost can be 2.5x the loan amount.
Frequently Asked Questions
What is the maximum home loan tenure?
Most banks offer home loans up to 30 years. Longer tenure reduces EMI but increases total interest paid.
How much home loan am I eligible for?
Typically, lenders offer up to 80% of property value (LTV ratio). Eligibility also depends on income, credit score, and existing obligations.
Are home loan interest rates fixed or floating?
Most home loans in India are on floating rates linked to repo rate. Fixed-rate loans are available at slightly higher rates.