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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
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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 9.10% - 9.15%
Rs. 18,123 - Rs. 18,188
ICICI Bank 9.10% - 9.15%
Rs.18,123 - Rs.18,188
SBI 9.10%(Women) - 9.15%(For Others)
Offer valid till 31 Dec 2016
Rs. 18,123(Women) - Rs. 18,188(For Others)
Offer valid till 31 Dec 2016
PNB Housing 9.30% - 9.75%
Rs. 18,382 - Rs. 18,970
Axis Bank 9.10% - 9.15%
Rs.18,123 - Rs.18,188
LIC Housing 9.15%(For Govt Emp), 9.15% - 9.60%(For Others)
Rs. 18,188(For Govt Emp), Rs. 18,188 - Rs. 18,773(For Others)
Fed Bank 9.57% - 9.82%
Rs. 18,734 - Rs. 19,063
PNB Home Loan 9.30%
Rs. 18,382
IDBI Home Loan 9.75%
Rs. 18,970
DHFL Home Loan 9.35%
Rs. Rs. 18,447
Indiabulls Home Loan 9.10% - 9.15%
Rs. 18,123 - Rs. 18,188
Union Bank 9.50%
Rs. 18,643
Vijaya Bank 9.65%
Rs. 18,839
Standard Chartered Bank 9.35%
Rs. 18,447
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)
Allahabad Bank 9.45% - 9.70%
Rs. 18,577 - Rs. 18,905
Bank of India 9.70% - 9.95%
Rs. 18,905 - Rs. 19,234
Corporation Bank 9.60%
Rs. 18,773
L & T Housing Finance 9.90%
Rs. 19,168
Citibank 9.30%
Rs. 18,382

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.

 

434 Comments, read them below or add one
  • a k sharma      November 27, 2016 11:13 pm
    Sir, I retired in July 2016 from GoI. My pension is 49300/- pm. Can I get home loan from bank ? If Yes, how much?
    Post Reply
    • Atal      November 29, 2016 5:50 pm
      Dear sir, you are eligible for home loan, but loan amount depends on your age. most of the banks considers upto 65 years of age for home loan.
      Post Reply
    • Puran       November 14, 2016 10:07 am
      Hi, Is GICHFL a good company to apply home loan. the rates seems higher in comparison to others as per your chart. Please advise. Regards Puran
      Post Reply
      • Pandey JI      November 29, 2016 5:54 pm
        Yes, LICHFL offers little bit higher rates, because its a Housing Finance Company.
        Post Reply
      • SHIVA KUMAR GOUD      November 11, 2016 2:08 pm
        Sir I Have Got Salary 156000 Per Annum. I Need of 150000 Rs INR. What I Will do for Loan Sanction.
        Post Reply
        • Ravindra      October 4, 2016 10:09 am
          Hi my annual income is 1,86,000, what is my eligibility loan amount?? Iam in need of 10Lakhs loan amount.
          Post Reply
          • Pandey JI      October 4, 2016 11:57 am
            Mr. Ravindra, Your eligibility is near to Rs- 9 lakhs for 30 years tenure.
            Post Reply
          • KRISHNA      October 2, 2016 11:23 am
            Dear sir, i want mortage loan, my annual income is 6,40,000. Let me know how much maximum loan amount will get?
            Post Reply
            • Pandey JI      October 4, 2016 11:56 am
              Mr. Krishna, your eligibility for home loan are Rs.30 lakh for 30 years tenure.
              Post Reply

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