Home Loan EMI Calculator — Know Your Monthly Payment
Calculate your exact monthly EMI in seconds. Get a full year-wise repayment schedule, total interest outgo, and see how much equity you build each year.
What you'll need
- Property purchase price (₹)
- Down payment amount
- Loan tenure (years)
- Interest rate (%)
How It Works
Enter property & loan details
Input property price, down payment, loan tenure, and interest rate.
Get your EMI instantly
See monthly EMI, total interest outgo, and total repayment amount.
View full repayment schedule
Explore the year-wise amortization breakdown and equity build-up.
Home Loan EMI Reference Table (₹40L loan)
| Interest Rate | 10 Years | 20 Years | 30 Years |
|---|---|---|---|
| 8.5% | ₹49,488 | ₹34,717 | ₹30,769 |
| 9.0% | ₹50,689 | ₹35,989 | ₹32,155 |
| 9.5% | ₹51,905 | ₹37,278 | ₹33,579 |
| 10.0% | ₹53,133 | ₹38,601 | ₹35,132 |
Principal + interest only. Excludes processing fees, GST, and insurance premium.
Frequently asked questions
How is home loan EMI calculated in India?
EMI = P × r × (1+r)^n / ((1+r)^n − 1), where P is the loan principal, r is the monthly interest rate (annual rate ÷ 12 ÷ 100), and n is the total number of monthly instalments (tenure in years × 12).
What is the current home loan interest rate in India?
As of 2025–26, home loan interest rates in India range from 7.10% to 8.75% per annum for repo-linked floating rate loans from major banks like SBI, HDFC, ICICI, and Kotak. Rates vary by credit score, LTV ratio, and loan amount.
What is the maximum home loan tenure in India?
Most Indian banks offer home loans for up to 30 years. The tenure depends on the borrower's age — the loan must typically be repaid before the age of 70–75. A 20-year tenure is the most common choice.
What percentage of property value do banks finance?
Indian banks typically finance 75–90% of the property value (LTV ratio) depending on loan amount. For loans up to ₹30L, LTV can be 90%. For ₹30–75L it is 80%, and above ₹75L it is 75%. You must arrange the rest as down payment.
Authoritative resources
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