Home Loan EMI Calculator
Calculate your home loan EMI, interest and repayment schedule
Enter Loan Details
₹1L₹5 Cr
6%15%
1 Year30 Years
Monthly EMI
₹43.39 K
Per month for 20 years
Total Interest
₹54.14 L
@ 8.5% interest
Total Payment
₹1.04 Cr
Principal + Interest
Loan Breakdown
Principal Amount
₹50.00 LTotal Interest
₹54.14 LPrincipal vs Interest Over Time
Year-wise Amortization Schedule
| Year | Principal | Interest | Total Paid | Balance |
|---|---|---|---|---|
| 0 | ₹0 | ₹0 | ₹0 | ₹50.00 L |
| 1 | ₹99.51 K | ₹4.21 L | ₹5.21 L | ₹49.00 L |
| 2 | ₹1.08 L | ₹4.12 L | ₹10.41 L | ₹47.92 L |
| 3 | ₹1.18 L | ₹4.03 L | ₹15.62 L | ₹46.74 L |
| 4 | ₹1.28 L | ₹3.92 L | ₹20.83 L | ₹45.46 L |
| 5 | ₹1.40 L | ₹3.81 L | ₹26.03 L | ₹44.06 L |
| 6 | ₹1.52 L | ₹3.69 L | ₹31.24 L | ₹42.54 L |
| 7 | ₹1.65 L | ₹3.55 L | ₹36.45 L | ₹40.89 L |
| 8 | ₹1.80 L | ₹3.41 L | ₹41.66 L | ₹39.09 L |
| 9 | ₹1.96 L | ₹3.25 L | ₹46.86 L | ₹37.13 L |
| 10 | ₹2.13 L | ₹3.07 L | ₹52.07 L | ₹35.00 L |
| 11 | ₹2.32 L | ₹2.89 L | ₹57.28 L | ₹32.68 L |
| 12 | ₹2.53 L | ₹2.68 L | ₹62.48 L | ₹30.15 L |
| 13 | ₹2.75 L | ₹2.46 L | ₹67.69 L | ₹27.40 L |
| 14 | ₹2.99 L | ₹2.21 L | ₹72.90 L | ₹24.41 L |
| 15 | ₹3.26 L | ₹1.95 L | ₹78.10 L | ₹21.15 L |
| 16 | ₹3.55 L | ₹1.66 L | ₹83.31 L | ₹17.60 L |
| 17 | ₹3.86 L | ₹1.35 L | ₹88.52 L | ₹13.75 L |
| 18 | ₹4.20 L | ₹1.01 L | ₹93.72 L | ₹9.55 L |
| 19 | ₹4.57 L | ₹63.61 K | ₹98.93 L | ₹4.98 L |
| 20 | ₹4.97 L | ₹23.21 K | ₹1.04 Cr | ₹101 |
About Home Loan Calculator
A home loan EMI calculator helps you estimate your monthly repayment amount based on loan amount, interest rate, and tenure. EMI consists of both principal and interest components, with interest being higher in initial years.
Tips: Shorter tenure means higher EMI but lower total interest. Make prepayments when possible to reduce interest burden.Tax benefits: Get deduction up to ₹2L on interest (Section 24b) and ₹1.5L on principal (Section 80C). Compare rates from multiple banks before finalizing.