Calculate your home loan EMI instantly. Enter the loan amount, interest rate and tenure to see your monthly EMI, total interest payable and total repayment — before you commit to a property.
EMI Calculator
Monthly EMI
Total interest
Total payment
Indicative only. Banks add processing fees and may quote floating rates; confirm the effective rate with your lender.
How EMI is calculated
EMI = P × r × (1+r)n / ((1+r)n − 1), where P is the loan amount, r the monthly interest rate and n the number of months. A ₹50 lakh loan at 8.5% for 20 years costs about ₹43,391/month — roughly ₹54 lakh in interest over the tenure.
Tips before you borrow
- Keep EMI under 40% of monthly take-home income.
- A 5-year shorter tenure often saves 20–30% of total interest.
- Compare effective rates, not headline rates — processing fees and insurance add up.
- Prepay when possible; most floating-rate home loans have no prepayment penalty.
Found your budget? Browse properties for sale or post your requirement and let Broker Network agents find options that fit your EMI.
