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Home Loan EMI Calculator

Estimate your home loan EMI, total interest and total repayment.

Last updated: 8 Aug 2026

Quick answer

Your home loan EMI is calculated on a reducing-balance basis from the loan amount, interest rate and tenure. For example, a ₹50 lakh loan at 8.5% for 20 years works out to an EMI of about ₹43,391. Enter your figures above for an instant EMI, total interest and total payment.

₹
% p.a.
years

Planning a home purchase? This home loan EMI calculator shows your monthly instalment, the total interest over the loan, and the total repayment — so you can compare tenures and rates before you borrow.

How to calculate home loan EMI

  1. 1 Enter the home loan amount.
  2. 2 Enter the interest rate (p.a.) and tenure in years.
  3. 3 We apply the reducing-balance EMI formula.
  4. 4 See your EMI, total interest and total repayment.

Frequently asked questions

What is the EMI on a 50 lakh home loan?
At 8.5% p.a. over 20 years, the EMI on ₹50 lakh is about ₹43,391 per month; it changes with the rate and tenure you choose.
Can I reduce my home loan EMI?
Yes — a longer tenure, a lower interest rate, or a larger down payment (smaller loan) all reduce the EMI. A longer tenure raises total interest, though.
Are home loan tax benefits included?
No, this shows the EMI only. Home loan interest and principal may qualify for tax deductions — see our home loan tax benefit calculator.

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