Calculate Your Home Loan EMI
Calculate your estimated monthly home loan EMI, total interest and total repayment using your loan amount, interest rate and tenure. Compare different loan scenarios and plan your home purchase with greater clarity.
Home Loan EMI Calculator
Enter your loan details below to calculate your estimated EMI, total interest and total repayment.
Loan Details
Your EMI is calculated using the standard reducing-balance EMI formula.
Your home loan EMI depends on three important numbers.
The principal amount, interest rate and repayment tenure work together to determine your monthly EMI. Changing even one of these inputs can change the overall cost of your home loan.
Use the calculator above to test different combinations instead of looking at only one loan scenario.
Understand the home loan EMI formula
The calculator uses the standard EMI formula to estimate the monthly repayment.
Standard EMI Formula
The monthly EMI depends on the principal, monthly interest rate and total number of monthly instalments.
What Each Variable Means
How to use the home loan EMI calculator
Try different loan scenarios and compare the effect on your monthly repayment.
Enter Loan Amount
Enter the amount you are considering borrowing for your home.
Add Interest Rate
Enter the annual interest rate applicable to your loan.
Select Tenure
Choose the repayment period in years.
Review Your EMI
See your estimated EMI, interest and total repayment.
Continue planning your home purchase.
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Home Loan EMI Calculator FAQs
Get clear answers about home loan EMI, interest, tenure and repayment calculations.
Home loan EMI is the regular monthly payment made towards a home loan. It generally includes both principal and interest components.
Home loan EMI is calculated using the principal loan amount, monthly interest rate and total number of monthly instalments.
A longer tenure generally reduces the monthly EMI for the same loan amount and interest rate, but it can increase the total interest paid over the life of the loan.
The primary factors are loan amount, interest rate and repayment tenure. Changes in any of these can change your monthly EMI and total repayment.
Yes. You can enter different loan amounts, interest rates and tenures to compare estimated EMI and total interest under different scenarios.
No. The result is an estimate based on the information entered. The actual EMI may differ depending on the lender's final interest rate, loan terms, charges and other applicable conditions.
Plan your home loan with clarity.
Enter your own loan details and calculate your estimated home loan EMI, total interest and repayment.
Calculate Your EMI ↑