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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.

270 Comments, read them below or add one
  • 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
      • VISHAL       July 18, 2014 4:49 pm
        DEAR SIR,I AM DOING A PRIVATE JOB OF RS 130000 PER ANNUAL CAN I GET RS10 LAKH LOAN FOR BUYING A LAND AND WHAT IS THE MINIMUM EMI FOR 10 TO 15 YEARS AND WHAT IS THE MINIMUM INTEREST RATE
        Post Reply
        • Loan Expert      July 19, 2014 11:44 am
          Dear Vishal, Minimum 12000 income required for home loan if you are a resident of metro city. Otherwise you can get upto Rs.5 lac of loan amount for which you have to pay a EMI os Rs.4900 approx per month for 20 years. Thanks
          Post Reply
        • Babu Kumar      July 18, 2014 11:54 am
          my net salary is around 31000 per month , I want to get home loan ,preference bank SBI. How much loan I could get,and what will be EMI per month.Loan Tenure preference 25-30 yrs.
          Post Reply
          • Loan Expert      July 18, 2014 12:11 pm
            Dear sir, You can get maximum loan amount between 18-20 lakhs for 30 years tenure, If you are going for 20 years tenure you can get maximum upto Rs 15 lac. EMI depends on Interest Rate. 10.15% for 20 lac for 30 years - EMI = Rs.17773.52, 10.15% for 20 lac for 20 years - EMI = Rs.14624.71
            Post Reply
          • anis naikwadi      July 17, 2014 1:14 pm
            dear sir, now i am working in saudi arabia last 5 months my family in pune i need home loan. my salary is 80000 per month. i can send all documents scan copy. so my brother can apply for home loan cause my vacation will come in next march pls reply.
            Post Reply
            • Loan Expert      July 18, 2014 12:08 pm
              Sir, You need following documents for apply nri home loan in India, Documents required for NRI Home Loans Full Passport copy and Work Visa copy Overseas address proof e.g. utility bill, card statement, House lease agreement, bank statement etc. Salary Slip for three months Appointment letter or Contract Copy Salary a/c and NRE/ NRO a/c statement for six months General Power Of Attorney
              Post Reply

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