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Home Loan EMI Calculator

Plan your dream home with our comprehensive Loan EMI and Amortization calculator.

Private Calculation Browser-Based No Data Stored
Home Loan
Comprehensive mortgage amortization, EMI scheduling, and interest analysis.
₹
%
Years

Monthly EMI

₹0

Total Payable

₹5,000,000

Payment Breakup

How it's calculated

Formula
EMI = [P x R x (1+R)^N] / [(1+R)^N-1]

Where:

  • PPrincipal loan amount
  • RMonthly interest rate (Annual Rate/12/100)
  • NLoan tenure in months
Example Calculation

Inputs:

Loan = ₹5,000,000, Interest = 8.5%, Tenure = 20 Years

Result:

EMI = ~₹43,391

For a ₹5,000,000 loan at 8.5% interest for 20 years, you pay roughly ₹43,391 per month. Total interest payable would be around ₹5,413,879.

Frequently Asked Questions

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Understanding Your Home Loan

Taking a home loan is a big financial decision. This calculator helps you understand exactly how much you will pay over the loan tenure.

Principal vs Interest: In the early years of your loan, a major portion of your EMI goes towards paying off interest. As the tenure progresses, the principal contribution increases. Use the Analysis tab to visualize this.

Amortization Schedule: Check the Schedule tab to see a detailed month-by-month breakdown of your repayment journey.