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Loan Calculator

Home Loan EMI Calculator

Calculate your monthly home loan EMI, total interest payable, and amortization schedule. Plan your home purchase with accurate loan repayment projections.

Enter Loan Details

Fill in the fields below to calculate your home loan EMI

₹
Enter the total home loan amount you need
Current home loan rates typically range from 8% to 10%
Maximum tenure is usually 30 years
One-time fee charged by the bank (typically 0.25% - 1%)

Prepayment Options (optional)

₹
Lump sum amount you plan to prepay
Year in which you plan to make the prepayment

Your Home Loan EMI

Enter your loan amount, interest rate, and tenure to calculate your monthly EMI and total interest.

Monthly EMI Amount Total Interest Payable Amortization Schedule

Home Loan Key Factors

  • Interest Rates8.0% - 10.5% (Current)
  • Maximum Tenure30 Years
  • LTV RatioUp to 90% of property value
  • Processing Fee0.25% - 1% of loan
  • PrepaymentAllowed with charges
  • Tax BenefitSection 24 & 80C

Rates vary by bank, CIBIL score, and loan amount.

Tax Benefits on Home Loan

  • Section 24(b)Interest up to ₹2,00,000
  • Section 80CPrincipal up to ₹1,50,000
  • Under ConstructionInterest after possession
  • Joint LoanBenefits split among co-borrowers
  • Stamp DutyDeductible under Section 80C
  • First-time BuyerAdditional deduction up to ₹50,000

Tax benefits are subject to applicable laws and conditions.