Financial Planning Tool
Home Loan EMI Calculator
Model a possible repayment using your expected loan amount, interest rate and tenure.
Your home loan summary
A view of your repayment.
Monthly EMI
- Principal Amount
- ₹1,00,00,000
- Total Interest
- ₹1,08,27,758
- Total Payment
- ₹2,08,27,758
This is an indicative calculation only. Actual lender rates, fees, insurance, taxes, floating-rate changes and repayment schedules are not included.
How the EMI estimate works
EMI is the estimated fixed monthly repayment made up of principal and interest. Increasing the amount or interest rate raises the repayment. A longer tenure can reduce the monthly EMI but generally increases the total interest paid.
EMI = P × r × (1 + r)ⁿ ÷ ((1 + r)ⁿ − 1), where P is principal, r is the monthly interest rate and n is the number of monthly instalments. At zero interest, EMI equals principal divided by the number of instalments.
Discuss Your Property Plans