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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.

330 Comments, read them below or add one
  • PRAVEENA      December 17, 2014 11:47 am
    my property worth is 100000 but my take home salary for per month is 14000 shall i eligible for home loan
    Post Reply
    • Deal4loans Team      December 17, 2014 2:55 pm
      Dear sir, as per you income you can get upto Rs.7 lac of loan amount.
      Post Reply
    • Raman      December 16, 2014 1:01 am
      My take home salary is Rs. 68000 and want to take a loan of Rs. 2000000 (twenty lakhs)and the affordable tenure of repayment is 6 years. From where I can chose to have loan? My monthly saving capacity is Rs. 38000. What is better, whether to get loan 100% of the total cost of the home or to pay some lump-sum (say from my own savings)as part of the repayment. Advance thanks.
      Post Reply
      • Deal4loans Team      December 17, 2014 3:25 pm
        Dear sir, EMI for 20 lac of loan amount for 6 years will be Rs.37,203/-. You can use part payments at regular interval to repayment the loan amount on fast process.
        Post Reply
      • B Datta      December 15, 2014 9:46 pm
        My home loan is approved by lichfl of Rs 2700000/- for 10 years under 10.1% scheme. After two years what may be the rate of interest?
        Post Reply
        • Deal4loans Team      December 17, 2014 12:51 pm
          It depends on your scheme if your scheme is fixed it will be same for 10 years if its floating than interest rates fluctuate with Repo rates it may be increase or decrease all depends on market conditions.
          Post Reply
        • vishal kumar singh      December 12, 2014 10:59 pm
          hi,my take home salary is 18000/-Rs and i facing much more difficulty for home,i need urgent loan for making new home so can you please tel me what will be my loan amount and interest.
          Post Reply
          • Deal4loans Team      December 17, 2014 3:26 pm
            Dear sir, As per your income you are eligible for Rs.9 lac of loan amount for 20 years tenure. Better to apply with us and get a loan approval on faster pace. Thanks
            Post Reply
          • puppala ramesh babu      December 8, 2014 8:05 pm
            already i am take a hm loan 2012 n IOB 2000000/Lks 20years emi 21000 thousand.AM PLAN TAKE OUR any bank lowest rate of interest. please give me some idea
            Post Reply
            • Deal4loans Team      December 17, 2014 12:04 pm
              Yes, You can switch your home loan to another bank mostly other banks offers loans at 10.15% rate of interest as per this you can save upto 100-150 rupees on per emi. You can do one thing also wait till next month may be RBI slashes repo rates next month after that interest rates for retails become more affordable and cheaper.
              Post Reply

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