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Home Loan EMI Calculator

Home Loan Amount    Rs.
Interest Rate % Per Annum
Loan Tenure Years
Loan Amount
Rs. 20,00,000
Monthly Instalment (EMI)
Rs. 19,968
Total Interest Amount
Rs. 27,92,223
Total Amount (Principal + Interest)
Rs. 47,92,223
Get Instant home loan emi quotes from top 17 Banks online
 Home Loan Emi Quotes as low as 9.35%, Lowest EMI, Last year EMI waive off Offers | Minimum Tenure 6 Months 
Loan Amount
Occupation
Annual income
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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 9.40% - 9.45%
Rs. 18,512 - Rs. 18,577
ICICI Bank 9.40% - 9.55%
Rs. 18,512 - Rs. 18,708
SBI 9.35%(Women) - 9.40%(For Others)
Rs. 18,447(Women) - Rs. 18,512(For Others)
PNB Housing 9.55% - 10.50%
Rs. 18,708 - Rs. 19,968
Axis Bank 9.45% - 9.75%
Rs. 18,577 - Rs. 18,970
LIC Housing 9.50% - 9.60%
Rs. 18,643 - Rs. 18,773
Fed Bank 9.68% - 10.08%
Rs. 18,878 - Rs. 19,407
PNB Home Loan 9.60%
Rs. 18,773
IDBI Home Loan 9.75%
Rs. 18,970
DHFL Home Loan 9.55% - 9.65%
Rs. Rs. 18,708 - Rs. 18,839
Indiabulls Home Loan 9.40%(For Women) - 9.45% - 10.25%(For Others)
Rs. 18,512(For Women) - Rs.18,577 - Rs. 19,633(For Others)
Union Bank 9.65% - 10.40%
Rs. 18,839 - Rs. 19,833
Vijaya Bank 9.65%
Rs. 18,839
Standard Chartered Bank 9.75%
Rs. 18,970
Indian Bank 9.65% - 9.90%
Rs. 18,839 - Rs. 19,168
Shubham Housing Development Finance Company 12%-14%(For Salaried) - 15%-17%(For Self-employed)
Rs. 22,022-Rs.24,870(For Salaried) - Rs.26,336-Rs.29,336(For Self-employed)

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 the interest 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 9.50% for 20 years, your emi will be Rs. 27,964. 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.

You Can Calculate Home loan EMI for below mentioned Banks: list as follows:

SBI, HDFC, Axis Bank, Bank of Baroda, Bank of India, Union Bank, DHFL, LIC Housing, SBP, Canara Bank, Allahabad Bank, ICICI Bank, Yes Bank, Citibank, PNB, uco bank, Indiabulls & others.

 

424 Comments, read them below or add one
  • rams      July 9, 2016 11:11 am
    monthly income is 60K. I want to take home loan. Would like know Max Eligibility amount, EMI, tenure. Thanks in advance.
    Post Reply
    • Atal      July 19, 2016 4:47 pm
      Dear sir, your maximum loan eligibility around Rs.32 lakh, emi would be close to Rs.30000 for 20 years repayment period. Regards
      Post Reply
    • francis yemmi      July 8, 2016 4:33 pm
      I need to buy my brother's house and he owns a loan from a bank and which bank can help me with home loan upto 3000000 my annual income is 474000
      Post Reply
      • Ghanshyam      July 19, 2016 4:48 pm
        Dear, As per current income you are not eligible for 30 lakh of loan amount, you can get maximum loan amount of upto Rs.20 lakh.
        Post Reply
      • Akshay joshi      July 6, 2016 7:02 pm
        I have to transfer my home loan of Rs.11 lac to the national bank. I am salaried and Rs.216000 p.a. and my property value must be above 22 lakhs. kindly adivse.
        Post Reply
        • Atal      July 19, 2016 4:50 pm
          Dear, Current interest rates on home loans are 9.40% for men, so please check with the bank on processing fee & other charges before balance transfer.
          Post Reply
        • Rahul Chauhan      June 8, 2016 1:21 pm
          sir my annual income is 180000.rs my age 24 yr how much home lone provide in bank
          Post Reply
          • Ghanshyam      June 10, 2016 12:20 pm
            Maximum upto 10 lakh of loan amount for 20 years.
            Post Reply
          • DILIP YADAV      June 8, 2016 11:30 am
            I desire to take a housing loan of 3000000 for a period of 12 years. Does the rate of interest change on duration of the loan. Kindly suggest the best available option.
            Post Reply
            • Rani      June 10, 2016 12:21 pm
              Yes, Home loan comes in floating rate and fixed rate option, if you chose fixed rate than rate would be same for entire period of loan. if you opt for floating option than it would change with MCLR rate of bank.
              Post Reply

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