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Home Loan EMI Calculator
Find your monthly home loan EMI and total interest before you apply.
About this calculator
Use this home loan EMI calculator to plan your budget before you talk to a bank. EMI = P × r × (1+r)n ÷ ((1+r)n − 1), where P is the loan amount, r is the monthly interest rate (annual rate ÷ 12 ÷ 100) and n is the number of months. For example, a loan of ₹20 lakh at 8.5% for 20 years has an EMI of about ₹17,356.
Results are estimates for information only. Please confirm important decisions with a qualified professional.
Frequently asked questions
How is the home loan EMI calculated?
The EMI depends on the loan amount, interest rate and tenure. A longer tenure lowers the EMI but increases the total interest you pay.
Does this include processing fees?
No. Processing fees, insurance and other charges are not included. Ask your bank for the full cost.