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EMI Calculator

Home Loan EMI Calculator

Plan your home loan with ease. Calculate your monthly EMI based on your loan amount, tenure and interest rate.

Loan Details

1 lac10 Cr
130
015

Monthly EMI

₹43,391 /month

Payment Breakdown

PrincipalInterest
₹1.2Cr₹90L₹60L₹30L₹0
Year 1Principal left: ₹50,00,000Interest left: ₹54,13,879
1
Year 2Principal left: ₹49,00,489Interest left: ₹49,92,696
Year 3Principal left: ₹47,92,181Interest left: ₹45,80,310
Year 4Principal left: ₹46,74,300Interest left: ₹41,77,497
Year 5Principal left: ₹45,46,000Interest left: ₹37,85,103
5
Year 6Principal left: ₹44,06,359Interest left: ₹34,04,050
Year 7Principal left: ₹42,54,375Interest left: ₹30,35,340
Year 8Principal left: ₹40,88,957Interest left: ₹26,80,064
Year 9Principal left: ₹39,08,918Interest left: ₹23,39,409
Year 10Principal left: ₹37,12,965Interest left: ₹20,14,669
10
Year 11Principal left: ₹34,99,691Interest left: ₹17,07,248
Year 12Principal left: ₹32,67,566Interest left: ₹14,18,679
Year 13Principal left: ₹30,14,923Interest left: ₹11,50,628
Year 14Principal left: ₹27,39,949Interest left: ₹9,04,909
Year 15Principal left: ₹24,40,670Interest left: ₹6,83,494
15
Year 16Principal left: ₹21,14,937Interest left: ₹4,88,533
Year 17Principal left: ₹17,60,412Interest left: ₹3,22,364
Year 18Principal left: ₹13,74,550Interest left: ₹1,87,532
Year 19Principal left: ₹9,54,582Interest left: ₹86,806
Year 20Principal left: ₹4,97,492Interest left: ₹23,202
20

Years

Loan Amount: ₹50,00,000

Tenure: 20 yearsInterest Rate: 8.5%

Monthly EMI₹43,391
Total Payable₹1,04,13,879
Total Interest₹54,13,879

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Helps you plan your budget and make confident decisions.

Your EMI (Equated Monthly Instalment) is the fixed amount you pay to the bank every month until your home loan is fully repaid. It is calculated using the standard formula EMI = P × R × (1 + R)N / [(1 + R)N − 1], where P is the loan amount, R is the monthly interest rate (annual rate ÷ 12 ÷ 100) and N is the tenure in months.

Each EMI is split between interest and principal. In the early years a larger share goes towards interest; as the outstanding balance reduces, more of every payment goes towards the principal. The payment breakdown chart above shows how much principal and interest is still left to repay at the start of each year, so you can see how a longer tenure lowers the EMI but increases the total interest you pay. Actual EMIs may vary slightly based on your lender's processing fees and rate revisions.