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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 :
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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 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 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.

289 Comments, read them below or add one
  • gladys      September 1, 2014 9:54 am
    sir my salary is Rs 25000. I am buying an apartment of 2100000.Sir can you tell me how much will i get a loan for 30 years?
    Post Reply
    • Loan Expert      September 1, 2014 4:01 pm
      Dear Sir, Before going for home loan for 30 years check the data and After that choose the best offer: Loan Amount for 20 years – 12 lac loan amount, EMI – 11700, Total Interest Amount - Rs. 1,607,945, Total Amount (Principal + Interest)= Rs. 2,807,945 and Loan Amount for 30 years – 13.5 lac loan amount, EMI - Rs. 11,997, Total Interest Amount - Rs. 2,968,966, Total Amount (Principal + Interest)= Rs. 4,318,966
      Post Reply
    • Harish Bhandari      August 31, 2014 6:07 pm
      sir, l want to take home loan of rs.3500000 for 20 years and my monthly income is 45000. pls,give me information about monthly emi.
      Post Reply
      • Loan Expert      September 1, 2014 4:05 pm
        Dear sir, As per your salary you are eligible for only Rs. 25.5 lakh of loan amount for 20 years. EMI for 35 lakh for 20 years are - Rs. 34,124 and Rs. 24,862 EMI for 25.5 lakh loan amount
        Post Reply
      • savin       August 31, 2014 4:46 pm
        Sir, I get a loan from SBI for 25 years my Question is pre payment is benefical or I have to go with only EMI.please explain in simple language.
        Post Reply
        • Loan Expert      September 1, 2014 4:07 pm
          Dear Sir, Pre Payment is beneficial in home loan, it helps you to save interest on loan amount or your loan closed early.
          Post Reply
        • Venkatesan      August 27, 2014 12:34 pm
          Sir, I need bank loan of Rs.1000000 for 15 years. Including interest total amount to be repay will be around Rs.2000000 for 15 years. In case i will finish my repayment of loan within 10 years, how much amount benefit for me.
          Post Reply
          • Loan Expert      August 27, 2014 3:51 pm
            Mr Venkatesan, If you repay your loan with 10 years than you can save around 3.5 lakh of amount. You have to pay almost 1595793 rupees for 10 years including principal loan amount and interest amount.
            Post Reply
          • Hasmukh Solanki      August 25, 2014 10:12 am
            Dear Sir, i want home loan and my monthly income is 18000 so how much is possible & which bank provide me in lowest interest. and how calculate the interest monthly or yearly
            Post Reply
            • Loan Expert      August 25, 2014 6:16 pm
              Dear sir, you can get maximum loan amount of Rs.9 lac on current salary, EMI would be Rs.8775 for 20 years. Interest rates are charged as 10.15% on yearly floating rate.
              Post Reply

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