Home Loan EMI Calculator
Calculate your monthly home loan EMI, total interest, total repayment amount and view a year-wise amortization schedule.
Loan Details
Enter your property and loan details below.
₹
Enter the approximate purchase price of the property.
₹
Amount paid upfront from your own funds.
₹
Loan amount used for EMI calculation.
Loan Summary
Your estimated home loan repayment details.
Monthly EMI
₹51,929
Loan Amount
₹60.00 Lakh
Total Interest
₹64.63 Lakh
Total Payment
₹1.25 Cr
Down Payment
₹15.00 Lakh
Principal vs Interest
Principal
48.17%
Interest
51.83%
Loan-to-Value Ratio (LTV)
80.00%
Loan Information
Property Value
₹75.00 Lakh
Interest Rate
8.50% p.a.
Loan Tenure
20 Years
Number of EMIs
240
Year-wise Amortization Schedule
| Year | Opening Balance | Principal Paid | Interest Paid | Total Payment | Closing Balance |
|---|
EMI Formula
The monthly EMI is calculated using the standard reducing-balance formula:
EMI = P × r × (1 + r)ⁿ ÷ ((1 + r)ⁿ − 1)
P = Loan Principal, r = Monthly Interest Rate, n = Total Number of Monthly Payments
This calculator provides estimates for informational purposes.
Actual EMI, interest and repayment amounts may differ based on
lender terms, processing fees, insurance, taxes, rate changes
and other applicable charges.