Home Loan
Home loan EMI calculator
See your monthly EMI, total interest and total repayment for any property price, down payment, tenure and rate.
Your monthly EMI
₹55,541
- Loan amount
- ₹64 L
- Total interest
- ₹69.3 L
- Total you repay
- ₹1.33 Cr
Reducing-balance maths at a fixed rate. Home loan rates usually float, so your EMI or tenure can change. The lender sets the final rate. RBI caps the loan at 75% to 90% of the property value depending on loan size.
How your EMI is worked out
An EMI is a fixed monthly payment covering interest and part of the loan. Early payments are mostly interest, later ones mostly principal.
A longer tenure lowers the EMI but raises the total interest, often sharply. A small prepayment in the early years saves far more than the same amount later.
Questions people ask
How much down payment do I need?
RBI caps a home loan at 90% of the property's value for loans up to ₹30 L, 80% for ₹30–75 L and 75% above that. Stamp duty and registration are also paid by you.
Will my EMI change?
Most home loans float with a benchmark such as the repo rate, so the lender can change your EMI or your tenure when the rate moves.
Is this the EMI I will get?
It is the maths on the numbers you enter. The lender decides the actual rate and amount.
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