Calculate your monthly EMI, total interest, and total payable for home loans in India. Plan your housing finance with transparent calculations.
Estimated Monthly EMI
₹ 16607.15
Total Interest: ₹ 97857.58
Total Payable: ₹ 597857.58
EMI = P × r × (1 + r)n / ((1 + r)n − 1), where P is principal, r is monthly interest rate, and n is number of months.
For guidance only. Actual EMI depends on lender terms.
You need to enter the loan amount, annual interest rate, and loan tenure in months to calculate EMI accurately.
No. This calculation is for EMI only. Additional charges like taxes, insurance, or processing fees may apply depending on the lender.
Yes. This calculator works for most banks and NBFCs in India as the EMI formula is standard across lenders.
Yes. You can change the loan amount, interest rate, or tenure to find an EMI that fits your budget comfortably.
Yes. Each EMI includes both principal repayment and interest. Over time, the interest portion decreases as the principal is paid down.
Yes. Prepayments can reduce your outstanding principal, helping you lower future EMIs or shorten the tenure. Terms depend on your lender.