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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.

273 Comments, read them below or add one
  • arun chettri      July 29, 2014 4:39 pm
    iam doing my own bussiness of tuition institute ,what are document required to get lone of rs 2000000 at minimum monthly instellment and what would be my minimum monthly instellment
    Post Reply
    • Loan Expert      July 30, 2014 10:48 am
      Dear, You have to submit General KYC documents with Income Proof's, Bank statement & Last 3 years ITR for apply home loan. EMI for 20 lac of home loan amount for 20 years are approx - Rs.19500 per month.
      Post Reply
    • subodh Dahule      July 27, 2014 7:47 am
      I want to purchase NA plot at nagpur and i want to loan up to 8 lac. i am working at ambuja cement also lic agent both income up 35000 per month. con i get loan for purchase of plot only
      Post Reply
      • Loan Expert      July 28, 2014 11:18 am
        Yes, you can easily get a 8 lac of loan amount for the purchase of Plot.
        Post Reply
      • manoj      July 25, 2014 8:21 pm
        Sir, I am looking for a loan. Me and wife both salaried with a salary of 70000 per month and we have 1 acre land too. So what would be the amount I can get as loan
        Post Reply
        • RANJEET DHOTE      July 24, 2014 1:24 pm
          Hi sir, my monthly income 38000 and in hand 34000. I m work at jr college teacher maharashtra goverment.need 20lac purchase land in nagpur
          Post Reply
          • Loan Expert      July 25, 2014 11:37 am
            Sir, You can get upto Rs.17 lac of loan amount or maximum upto 80% of the property value.
            Post Reply
          • Kumar       July 22, 2014 11:08 am
            I am having 20 thousand gross salary PM & getting in hand is Rs. 18,000/- & I am also doing part time jobs and getting rs. 12,000/- pm, but i am not having any payment made details for the Rs. 12,000/- . So what amount i will be eligible for loan. kindly suggest
            Post Reply
            • Loan Expert      July 25, 2014 11:39 am
              Dear sir, on the basis of In hand salary you can get upto Rs.9 lac of loan amount. If your 12000 income from other source directly submitted in bank account or any other slip which shows it as an income than you will be able to get around rs. 15 lac of loan amount.
              Post Reply

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