Home Loan EMI Calculator
Monthly EMI for a home loan in India — principal, interest, tenure. Standard EMI formula used by all Indian banks.
Result
- Principal₹5,000,000
- Total interest₹5,413,879
- Total payment (P + I)₹10,413,879
- Interest / Principal ratioHow much extra you pay over the principal108%
Personal-finance essentials
Amazon affiliateAs an Amazon Associate we may earn from qualifying purchases. This does not add cost for you.
How to use this calculator
- Enter the loan amount (principal) you plan to borrow.
- Enter the annual interest rate quoted by your bank.
- Enter tenure in years (typically 15-30 for home loans).
- Read the monthly EMI + total interest cost.
About this tool
A Home Loan EMI (Equated Monthly Installment) is the fixed monthly amount you pay a bank to repay both principal and interest on a home loan. All Indian banks use the standard reducing-balance formula. This calculator shows the exact EMI, plus your total interest cost over the loan tenure. Use it before signing to compare 15-year vs 20-year vs 30-year offers, or to check the impact of a 25 bps rate change from your bank.
Frequently asked
Related calculators
More tools you might like
Hand-picked tools that pair well with this one — same audience, same intent.
Monthly payment, total interest, full amortization, plus an early-payoff scenario showing months and interest saved by adding to each payment.
Full PITI estimate plus a month-by-month amortization schedule (downloadable as CSV).
Break-even months and lifetime savings from refinancing your mortgage.
How much interest + tenure you save by making a lump-sum or increased-EMI prepayment on your Indian home loan.
Auto-loan monthly payment with trade-in, down payment, and optional state sales tax — tax computed on (price − trade-in) per the most common US "trade-in tax credit" rule.
Monthly payment and total cost for any unsecured personal loan.
Gold loan EMI + eligibility — based on gold weight, purity, current price, and lender LTV (loan-to-value) ratio. Muthoot, Manappuram, and bank rates.
Auto loan payment via amortization. Principal, APR, term → monthly + total interest.