Home Loan EMI Calculator
Plan your housing loan monthly installments, interest rates, and total payable interest.
Finance Engine
Home Loan EMI Calculator
₹35,00,000
8.5%
20 Years (240 Months)
Monthly Loan EMI
₹30,374
Principal (48%)Interest (52%)
Principal Loan Amount:₹35,00,000
Total Interest Payable:₹37,89,715
Total Repayment Amount:₹72,89,715
Total Tenure Months:240 Months
Complete Repayment Schedule (20 Years Full Report)
How to Use the Home Loan EMI Calculator
- Input your parameters in the fields or drag the interactive sliders.
- The algorithm updates the primary metric and schedules in real-time.
- Click “Copy Result” to copy structured values to your clipboard.
Calculation Formula
EMI = [P × r × (1 + r)^n] / [(1 + r)^n - 1]
Frequently Asked Questions
Can I claim tax deductions on home loan EMI?
Yes, under the Old Tax Regime in India, you can claim principal repayment under Section 80C (up to ₹1.5 Lakh) and interest payment under Section 24(b) (up to ₹2 Lakh for self-occupied property).
Important NoticeResults are estimates based on the inputs and mathematical assumptions shown on this page. Actual financial outcomes, loan approvals, and investment returns may vary based on product terms and market conditions.