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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% - 10.50%
Rs. 19,500 - Rs. 19,968
ICICI Bank 10.15% - 10.50%
Rs. 19,632 - Rs. 19,968
SBI 10.10% - 10.15%
Rs. 19,433 - Rs. 19,499
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.

301 Comments, read them below or add one
  • salek       September 20, 2014 2:39 pm
    sir my salary 8000 pm I want to home loan for ewc d d a house. scheme is there any option
    Post Reply
    • Loan Expert      September 20, 2014 4:22 pm
      Yes,Sir for DDA Scheme you have to check with the bank in which you submitted your application form, they will provide you enough information on the basis of your current income or profile. Some times at the time of Draw results dda launches special schemes for low income peoples. So in this regard check with the bank where you submit your application form of DDA.
      Post Reply
    • Mohamed      September 18, 2014 5:20 am
      Is there any option to get a 5Lac home loan?
      Post Reply
      • Loan Expert      September 18, 2014 4:29 pm
        If you have enough income to pay off EMI of 5 lac of loan amount every month than you get loan from any bank. OR Apply with us to get loans at lowest rates.
        Post Reply
      • vijay      September 18, 2014 3:48 am
        Hie sir my salary is 16000/- per month i want a two wheeler loan can you tell me how much EMI i have to pay per month?
        Post Reply
        • Loan Expert      September 18, 2014 4:29 pm
          Dear Vijay, Loan for 2 wheeler is easily available for you if you have all required documents and proofs. EMI for loan depends on how much loan amount is taken by you. Currently 15-19% rate of interest charged by banks on two wheeler loans.
          Post Reply
        • Ramesh Sharma      September 17, 2014 9:53 am
          Dear sir, we (husband & wife)are earning net 30000 per month, we have a land plot valued approx Rs 600000/- we want to take a housing loan from SBI for 15 years, please tell me till what amount we will get from SBI.
          Post Reply
          • Loan Expert      September 18, 2014 4:31 pm
            Dear Sir, You can get around between 13-15 lacs of loan amount for 15 years.
            Post Reply
          • Hari sunder Sharma      September 15, 2014 1:03 pm
            I want to get Rs. 50000/- for 3 years Plz tell me which documents I have to submit.
            Post Reply
            • Loan Expert      September 16, 2014 10:50 am
              Dear sir, for 50000 of loan you have to apply in personal loan, General documents like KYC and Salary slips of last 3 months are required.
              Post Reply

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