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Home Loan EMI Calculator

Home Loan Amount    Rs.
Interest Rate % Per Annum
Loan Tenure Years
Loan Amount
Rs. 2,000,000
Monthly Instalment (EMI)
Rs. 19,968
Total Interest Amount
Rs. 2,792,223
Total Amount (Principal + Interest)
Rs. 4,792,223
Get Customized Free Home Loan Emi Quote from 10 Banks
Home Loan Emi Quotes as low as 9.95%, Cashback Schemes, Last year Emi waive off Offers. | Minimum Tenure - 6 Months
Professional Details
Required Loan Amount :
Occupation :
Annual Income :
City :
 
Year Principal Interest Balance Amount
1 Rs. 31,083 Rs. 208,533 Rs. 1,968,917
2 Rs. 34,509 Rs. 205,107 Rs. 1,934,408
3 Rs. 38,311 Rs. 201,305 Rs. 1,896,097
4 Rs. 42,537 Rs. 197,079 Rs. 1,853,560
5 Rs. 47,221 Rs. 192,395 Rs. 1,806,339
6 Rs. 52,426 Rs. 187,190 Rs. 1,753,913
7 Rs. 58,203 Rs. 181,413 Rs. 1,695,710
8 Rs. 64,618 Rs. 174,998 Rs. 1,631,092
9 Rs. 71,740 Rs. 167,876 Rs. 1,559,352
10 Rs. 79,644 Rs. 159,972 Rs. 1,479,708
11 Rs. 88,422 Rs. 151,194 Rs. 1,391,286
12 Rs. 98,165 Rs. 141,451 Rs. 1,293,121
13 Rs. 108,983 Rs. 130,633 Rs. 1,184,138
14 Rs. 120,994 Rs. 118,622 Rs. 1,063,144
15 Rs. 134,327 Rs. 105,289 Rs. 928,817
16 Rs. 149,132 Rs. 90,484 Rs. 779,685
17 Rs. 165,567 Rs. 74,049 Rs. 614,118
18 Rs. 183,812 Rs. 55,804 Rs. 430,306
19 Rs. 204,069 Rs. 35,547 Rs. 226,237
20 Rs. 226,407 Rs. 13,056 Rs. 0
Bank Name Interest Rate
Estimated EMI as Per Loan Amount
HDFC LTD 10.15% - 10.40%
Rs. 19,500 - Rs. 19,834
ICICI Bank 10.15% - 10.50%
Rs. 19,632 - Rs. 19,968
SBI 10.30% - 10.50%
Rs. 19,700 - Rs. 19,967
PNB Housing 10.50% - 11.25%
Rs. 19,968 - Rs. 20,985

A customer needs to know how much he has to pay per month for the home loan he has taken is called Home loan emi.

How is Home loan emi calculated?

To calculate exact per month emi, it is based on the loan you have taken and theĀ interestĀ on is calculated and the amount is paid within the decided period ie tenure.
So if you take a 3000000 home loan and the interest is 10.5% for 20 years, your emi will be 29951.So Home loan emi depends upon.
  • 1. Loan amount
  • 2. Tenure
  • 3. Interest rate-Floating or Fixed
How to get my Home loan Emi across Major Banks?
  • 1. Put the rate of interest for all banks in the calculator above
  • 2. Apply and get detailed information.

354 Comments, read them below or add one
  • joe      March 4, 2015 11:23 pm
    Hi,My salary is 18000 per month and i require a home loan for 3000000; am i eligible for loan and what will be the emi?? If not eligible for complete amount is there another way to get the rest amount?
    Post Reply
    • Rahul      March 5, 2015 3:23 pm
      Dear Sir, as per your income you are eligible for 10 lac of home loan amount. EMI for 30 Lac loan amount for 20 years will be Rs.29249 per month.
      Post Reply
    • M Majid Qureshi      March 3, 2015 3:01 pm
      If property rate is less than government registery stamp duty rate loan would be 80 percent of actual cost or 80 percent of registry cost pls help
      Post Reply
      • GOVIDIYA BHAVANA      February 25, 2015 12:27 am
        hello sir, I am govt employee . my monthly salary is 22000.00..only 5 month join in my job. plz tell me how many home loan is possible.i want 1000000 lakh for 20 years period?this is possible
        Post Reply
        • Rahul      February 26, 2015 5:56 pm
          Dear sir, as per your income around 11 lakh of home loan amount you can get from Bank. Thanks
          Post Reply
        • basil      February 21, 2015 12:40 pm
          my salary is 15000 per month.i want 1500000 lakh for 20 years period?this is possible?
          Post Reply
          • Deal4loans Team      February 26, 2015 5:56 pm
            Dear Basil, You are eligible for around 8 lakh of loan amount for 20 years at current income. Thanks
            Post Reply
          • atul dubey      February 20, 2015 6:21 pm
            hello i am looking for home. i and my wife we both r in govt. sum of both monthly saly is 70000. looking for home near about 6000000. m i eligible and what willbe the EMI. our job is near about 34 year both
            Post Reply
            • Rahul      February 26, 2015 5:57 pm
              Dear Sir, as per combined income & eligibility you can get maximum upto Rs.36 lakh of loan amount for 20 years tenure period. For 36 lakh you have to pay around 35600 per month EMI.
              Post Reply

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