Home Loan EMI Calculator (India)

Loan Amount (₹)

Interest Rate (% p.a.)

Tenure

Start Date

Processing Fee (₹)

GST on Fee (%)

Prepayment Strategy

Monthly Top-Up (extra principal)

Lumpsum Prepayments

No lumpsums added.

Floating Rate Resets

No resets added.

Summary

EMI (first)

₹43,391

EMI (last)

₹43,391

Total Interest

₹54,13,879

Total Paid

₹1,04,13,879

APR (incl. fee)

Net Disbursal: ₹49,88,200 (Fee ₹10,000 + GST ₹1,800)

8.87%

APR ignores voluntary prepayments; based on base EMI ₹43,391 for 240 months.

Exports

PDF contains summary, charts, and first 30 rows of schedule. Full schedule is in CSV.

Outstanding Balance Over Time

Yearly Interest vs Principal

Amortization Schedule

240 months

Month	Date	Opening	Interest	Principal	Extra	EMI	Closing	Rate (p.m.)
1	2025-08-19	₹50,00,000	₹35,417	₹7,974	₹0	₹43,391	₹49,92,026	0.708%
2	2025-09-19	₹49,92,026	₹35,360	₹8,031	₹0	₹43,391	₹49,83,995	0.708%
3	2025-10-19	₹49,83,995	₹35,303	₹8,088	₹0	₹43,391	₹49,75,907	0.708%
4	2025-11-19	₹49,75,907	₹35,246	₹8,145	₹0	₹43,391	₹49,67,762	0.708%
5	2025-12-19	₹49,67,762	₹35,188	₹8,203	₹0	₹43,391	₹49,59,559	0.708%
6	2026-01-19	₹49,59,559	₹35,130	₹8,261	₹0	₹43,391	₹49,51,298	0.708%
7	2026-02-19	₹49,51,298	₹35,072	₹8,319	₹0	₹43,391	₹49,42,978	0.708%
8	2026-03-19	₹49,42,978	₹35,013	₹8,378	₹0	₹43,391	₹49,34,600	0.708%
9	2026-04-19	₹49,34,600	₹34,953	₹8,438	₹0	₹43,391	₹49,26,162	0.708%
10	2026-05-19	₹49,26,162	₹34,894	₹8,498	₹0	₹43,391	₹49,17,665	0.708%
11	2026-06-19	₹49,17,665	₹34,833	₹8,558	₹0	₹43,391	₹49,09,107	0.708%
12	2026-07-19	₹49,09,107	₹34,773	₹8,618	₹0	₹43,391	₹49,00,489	0.708%
13	2026-08-19	₹49,00,489	₹34,712	₹8,679	₹0	₹43,391	₹48,91,809	0.708%
14	2026-09-19	₹48,91,809	₹34,650	₹8,741	₹0	₹43,391	₹48,83,068	0.708%
15	2026-10-19	₹48,83,068	₹34,588	₹8,803	₹0	₹43,391	₹48,74,266	0.708%
16	2026-11-19	₹48,74,266	₹34,526	₹8,865	₹0	₹43,391	₹48,65,400	0.708%
17	2026-12-19	₹48,65,400	₹34,463	₹8,928	₹0	₹43,391	₹48,56,473	0.708%
18	2027-01-19	₹48,56,473	₹34,400	₹8,991	₹0	₹43,391	₹48,47,481	0.708%
19	2027-02-19	₹48,47,481	₹34,336	₹9,055	₹0	₹43,391	₹48,38,427	0.708%
20	2027-03-19	₹48,38,427	₹34,272	₹9,119	₹0	₹43,391	₹48,29,308	0.708%
21	2027-04-19	₹48,29,308	₹34,208	₹9,184	₹0	₹43,391	₹48,20,124	0.708%
22	2027-05-19	₹48,20,124	₹34,143	₹9,249	₹0	₹43,391	₹48,10,875	0.708%
23	2027-06-19	₹48,10,875	₹34,077	₹9,314	₹0	₹43,391	₹48,01,561	0.708%
24	2027-07-19	₹48,01,561	₹34,011	₹9,380	₹0	₹43,391	₹47,92,181	0.708%
25	2027-08-19	₹47,92,181	₹33,945	₹9,447	₹0	₹43,391	₹47,82,735	0.708%
26	2027-09-19	₹47,82,735	₹33,878	₹9,513	₹0	₹43,391	₹47,73,221	0.708%
27	2027-10-19	₹47,73,221	₹33,810	₹9,581	₹0	₹43,391	₹47,63,640	0.708%
28	2027-11-19	₹47,63,640	₹33,742	₹9,649	₹0	₹43,391	₹47,53,992	0.708%
29	2027-12-19	₹47,53,992	₹33,674	₹9,717	₹0	₹43,391	₹47,44,275	0.708%
30	2028-01-19	₹47,44,275	₹33,605	₹9,786	₹0	₹43,391	₹47,34,489	0.708%
31	2028-02-19	₹47,34,489	₹33,536	₹9,855	₹0	₹43,391	₹47,24,633	0.708%
32	2028-03-19	₹47,24,633	₹33,466	₹9,925	₹0	₹43,391	₹47,14,708	0.708%
33	2028-04-19	₹47,14,708	₹33,396	₹9,995	₹0	₹43,391	₹47,04,713	0.708%
34	2028-05-19	₹47,04,713	₹33,325	₹10,066	₹0	₹43,391	₹46,94,647	0.708%
35	2028-06-19	₹46,94,647	₹33,254	₹10,137	₹0	₹43,391	₹46,84,510	0.708%
36	2028-07-19	₹46,84,510	₹33,182	₹10,209	₹0	₹43,391	₹46,74,300	0.708%
37	2028-08-19	₹46,74,300	₹33,110	₹10,282	₹0	₹43,391	₹46,64,019	0.708%
38	2028-09-19	₹46,64,019	₹33,037	₹10,354	₹0	₹43,391	₹46,53,665	0.708%
39	2028-10-19	₹46,53,665	₹32,963	₹10,428	₹0	₹43,391	₹46,43,237	0.708%
40	2028-11-19	₹46,43,237	₹32,890	₹10,502	₹0	₹43,391	₹46,32,735	0.708%
41	2028-12-19	₹46,32,735	₹32,815	₹10,576	₹0	₹43,391	₹46,22,159	0.708%
42	2029-01-19	₹46,22,159	₹32,740	₹10,651	₹0	₹43,391	₹46,11,508	0.708%
43	2029-02-19	₹46,11,508	₹32,665	₹10,726	₹0	₹43,391	₹46,00,782	0.708%
44	2029-03-19	₹46,00,782	₹32,589	₹10,802	₹0	₹43,391	₹45,89,980	0.708%
45	2029-04-19	₹45,89,980	₹32,512	₹10,879	₹0	₹43,391	₹45,79,101	0.708%
46	2029-05-19	₹45,79,101	₹32,435	₹10,956	₹0	₹43,391	₹45,68,145	0.708%
47	2029-06-19	₹45,68,145	₹32,358	₹11,033	₹0	₹43,391	₹45,57,112	0.708%
48	2029-07-19	₹45,57,112	₹32,280	₹11,112	₹0	₹43,391	₹45,46,000	0.708%
49	2029-08-19	₹45,46,000	₹32,201	₹11,190	₹0	₹43,391	₹45,34,810	0.708%
50	2029-09-19	₹45,34,810	₹32,122	₹11,270	₹0	₹43,391	₹45,23,540	0.708%
51	2029-10-19	₹45,23,540	₹32,042	₹11,349	₹0	₹43,391	₹45,12,191	0.708%
52	2029-11-19	₹45,12,191	₹31,961	₹11,430	₹0	₹43,391	₹45,00,761	0.708%
53	2029-12-19	₹45,00,761	₹31,880	₹11,511	₹0	₹43,391	₹44,89,250	0.708%
54	2030-01-19	₹44,89,250	₹31,799	₹11,592	₹0	₹43,391	₹44,77,658	0.708%
55	2030-02-19	₹44,77,658	₹31,717	₹11,674	₹0	₹43,391	₹44,65,983	0.708%
56	2030-03-19	₹44,65,983	₹31,634	₹11,757	₹0	₹43,391	₹44,54,226	0.708%
57	2030-04-19	₹44,54,226	₹31,551	₹11,840	₹0	₹43,391	₹44,42,386	0.708%
58	2030-05-19	₹44,42,386	₹31,467	₹11,924	₹0	₹43,391	₹44,30,462	0.708%
59	2030-06-19	₹44,30,462	₹31,382	₹12,009	₹0	₹43,391	₹44,18,453	0.708%
60	2030-07-19	₹44,18,453	₹31,297	₹12,094	₹0	₹43,391	₹44,06,359	0.708%
61	2030-08-19	₹44,06,359	₹31,212	₹12,179	₹0	₹43,391	₹43,94,180	0.708%
62	2030-09-19	₹43,94,180	₹31,125	₹12,266	₹0	₹43,391	₹43,81,914	0.708%
63	2030-10-19	₹43,81,914	₹31,039	₹12,353	₹0	₹43,391	₹43,69,561	0.708%
64	2030-11-19	₹43,69,561	₹30,951	₹12,440	₹0	₹43,391	₹43,57,121	0.708%
65	2030-12-19	₹43,57,121	₹30,863	₹12,528	₹0	₹43,391	₹43,44,593	0.708%
66	2031-01-19	₹43,44,593	₹30,774	₹12,617	₹0	₹43,391	₹43,31,976	0.708%
67	2031-02-19	₹43,31,976	₹30,685	₹12,706	₹0	₹43,391	₹43,19,270	0.708%
68	2031-03-19	₹43,19,270	₹30,595	₹12,796	₹0	₹43,391	₹43,06,473	0.708%
69	2031-04-19	₹43,06,473	₹30,504	₹12,887	₹0	₹43,391	₹42,93,586	0.708%
70	2031-05-19	₹42,93,586	₹30,413	₹12,978	₹0	₹43,391	₹42,80,608	0.708%
71	2031-06-19	₹42,80,608	₹30,321	₹13,070	₹0	₹43,391	₹42,67,538	0.708%
72	2031-07-19	₹42,67,538	₹30,228	₹13,163	₹0	₹43,391	₹42,54,375	0.708%
73	2031-08-19	₹42,54,375	₹30,135	₹13,256	₹0	₹43,391	₹42,41,119	0.708%
74	2031-09-19	₹42,41,119	₹30,041	₹13,350	₹0	₹43,391	₹42,27,769	0.708%
75	2031-10-19	₹42,27,769	₹29,947	₹13,444	₹0	₹43,391	₹42,14,325	0.708%
76	2031-11-19	₹42,14,325	₹29,851	₹13,540	₹0	₹43,391	₹42,00,785	0.708%
77	2031-12-19	₹42,00,785	₹29,756	₹13,636	₹0	₹43,391	₹41,87,150	0.708%
78	2032-01-19	₹41,87,150	₹29,659	₹13,732	₹0	₹43,391	₹41,73,417	0.708%
79	2032-02-19	₹41,73,417	₹29,562	₹13,829	₹0	₹43,391	₹41,59,588	0.708%
80	2032-03-19	₹41,59,588	₹29,464	₹13,927	₹0	₹43,391	₹41,45,661	0.708%
81	2032-04-19	₹41,45,661	₹29,365	₹14,026	₹0	₹43,391	₹41,31,634	0.708%
82	2032-05-19	₹41,31,634	₹29,266	₹14,125	₹0	₹43,391	₹41,17,509	0.708%
83	2032-06-19	₹41,17,509	₹29,166	₹14,225	₹0	₹43,391	₹41,03,284	0.708%
84	2032-07-19	₹41,03,284	₹29,065	₹14,326	₹0	₹43,391	₹40,88,957	0.708%
85	2032-08-19	₹40,88,957	₹28,963	₹14,428	₹0	₹43,391	₹40,74,530	0.708%
86	2032-09-19	₹40,74,530	₹28,861	₹14,530	₹0	₹43,391	₹40,60,000	0.708%
87	2032-10-19	₹40,60,000	₹28,758	₹14,633	₹0	₹43,391	₹40,45,367	0.708%
88	2032-11-19	₹40,45,367	₹28,655	₹14,736	₹0	₹43,391	₹40,30,630	0.708%
89	2032-12-19	₹40,30,630	₹28,550	₹14,841	₹0	₹43,391	₹40,15,790	0.708%
90	2033-01-19	₹40,15,790	₹28,445	₹14,946	₹0	₹43,391	₹40,00,844	0.708%
91	2033-02-19	₹40,00,844	₹28,339	₹15,052	₹0	₹43,391	₹39,85,792	0.708%
92	2033-03-19	₹39,85,792	₹28,233	₹15,158	₹0	₹43,391	₹39,70,633	0.708%
93	2033-04-19	₹39,70,633	₹28,125	₹15,266	₹0	₹43,391	₹39,55,367	0.708%
94	2033-05-19	₹39,55,367	₹28,017	₹15,374	₹0	₹43,391	₹39,39,993	0.708%
95	2033-06-19	₹39,39,993	₹27,908	₹15,483	₹0	₹43,391	₹39,24,511	0.708%
96	2033-07-19	₹39,24,511	₹27,799	₹15,593	₹0	₹43,391	₹39,08,918	0.708%
97	2033-08-19	₹39,08,918	₹27,688	₹15,703	₹0	₹43,391	₹38,93,215	0.708%
98	2033-09-19	₹38,93,215	₹27,577	₹15,814	₹0	₹43,391	₹38,77,401	0.708%
99	2033-10-19	₹38,77,401	₹27,465	₹15,926	₹0	₹43,391	₹38,61,475	0.708%
100	2033-11-19	₹38,61,475	₹27,352	₹16,039	₹0	₹43,391	₹38,45,435	0.708%
101	2033-12-19	₹38,45,435	₹27,239	₹16,153	₹0	₹43,391	₹38,29,283	0.708%
102	2034-01-19	₹38,29,283	₹27,124	₹16,267	₹0	₹43,391	₹38,13,016	0.708%
103	2034-02-19	₹38,13,016	₹27,009	₹16,382	₹0	₹43,391	₹37,96,633	0.708%
104	2034-03-19	₹37,96,633	₹26,893	₹16,498	₹0	₹43,391	₹37,80,135	0.708%
105	2034-04-19	₹37,80,135	₹26,776	₹16,615	₹0	₹43,391	₹37,63,520	0.708%
106	2034-05-19	₹37,63,520	₹26,658	₹16,733	₹0	₹43,391	₹37,46,787	0.708%
107	2034-06-19	₹37,46,787	₹26,540	₹16,851	₹0	₹43,391	₹37,29,936	0.708%
108	2034-07-19	₹37,29,936	₹26,420	₹16,971	₹0	₹43,391	₹37,12,965	0.708%
109	2034-08-19	₹37,12,965	₹26,300	₹17,091	₹0	₹43,391	₹36,95,874	0.708%
110	2034-09-19	₹36,95,874	₹26,179	₹17,212	₹0	₹43,391	₹36,78,662	0.708%
111	2034-10-19	₹36,78,662	₹26,057	₹17,334	₹0	₹43,391	₹36,61,328	0.708%
112	2034-11-19	₹36,61,328	₹25,934	₹17,457	₹0	₹43,391	₹36,43,871	0.708%
113	2034-12-19	₹36,43,871	₹25,811	₹17,580	₹0	₹43,391	₹36,26,291	0.708%
114	2035-01-19	₹36,26,291	₹25,686	₹17,705	₹0	₹43,391	₹36,08,586	0.708%
115	2035-02-19	₹36,08,586	₹25,561	₹17,830	₹0	₹43,391	₹35,90,755	0.708%
116	2035-03-19	₹35,90,755	₹25,435	₹17,957	₹0	₹43,391	₹35,72,799	0.708%
117	2035-04-19	₹35,72,799	₹25,307	₹18,084	₹0	₹43,391	₹35,54,715	0.708%
118	2035-05-19	₹35,54,715	₹25,179	₹18,212	₹0	₹43,391	₹35,36,503	0.708%
119	2035-06-19	₹35,36,503	₹25,050	₹18,341	₹0	₹43,391	₹35,18,162	0.708%
120	2035-07-19	₹35,18,162	₹24,920	₹18,471	₹0	₹43,391	₹34,99,691	0.708%
121	2035-08-19	₹34,99,691	₹24,789	₹18,602	₹0	₹43,391	₹34,81,089	0.708%
122	2035-09-19	₹34,81,089	₹24,658	₹18,733	₹0	₹43,391	₹34,62,356	0.708%
123	2035-10-19	₹34,62,356	₹24,525	₹18,866	₹0	₹43,391	₹34,43,490	0.708%
124	2035-11-19	₹34,43,490	₹24,391	₹19,000	₹0	₹43,391	₹34,24,490	0.708%
125	2035-12-19	₹34,24,490	₹24,257	₹19,134	₹0	₹43,391	₹34,05,356	0.708%
126	2036-01-19	₹34,05,356	₹24,121	₹19,270	₹0	₹43,391	₹33,86,086	0.708%
127	2036-02-19	₹33,86,086	₹23,985	₹19,406	₹0	₹43,391	₹33,66,679	0.708%
128	2036-03-19	₹33,66,679	₹23,847	₹19,544	₹0	₹43,391	₹33,47,136	0.708%
129	2036-04-19	₹33,47,136	₹23,709	₹19,682	₹0	₹43,391	₹33,27,453	0.708%
130	2036-05-19	₹33,27,453	₹23,569	₹19,822	₹0	₹43,391	₹33,07,632	0.708%
131	2036-06-19	₹33,07,632	₹23,429	₹19,962	₹0	₹43,391	₹32,87,670	0.708%
132	2036-07-19	₹32,87,670	₹23,288	₹20,104	₹0	₹43,391	₹32,67,566	0.708%
133	2036-08-19	₹32,67,566	₹23,145	₹20,246	₹0	₹43,391	₹32,47,320	0.708%
134	2036-09-19	₹32,47,320	₹23,002	₹20,389	₹0	₹43,391	₹32,26,931	0.708%
135	2036-10-19	₹32,26,931	₹22,857	₹20,534	₹0	₹43,391	₹32,06,397	0.708%
136	2036-11-19	₹32,06,397	₹22,712	₹20,679	₹0	₹43,391	₹31,85,718	0.708%
137	2036-12-19	₹31,85,718	₹22,566	₹20,826	₹0	₹43,391	₹31,64,892	0.708%
138	2037-01-19	₹31,64,892	₹22,418	₹20,973	₹0	₹43,391	₹31,43,919	0.708%
139	2037-02-19	₹31,43,919	₹22,269	₹21,122	₹0	₹43,391	₹31,22,797	0.708%
140	2037-03-19	₹31,22,797	₹22,120	₹21,271	₹0	₹43,391	₹31,01,526	0.708%
141	2037-04-19	₹31,01,526	₹21,969	₹21,422	₹0	₹43,391	₹30,80,104	0.708%
142	2037-05-19	₹30,80,104	₹21,817	₹21,574	₹0	₹43,391	₹30,58,530	0.708%
143	2037-06-19	₹30,58,530	₹21,665	₹21,727	₹0	₹43,391	₹30,36,804	0.708%
144	2037-07-19	₹30,36,804	₹21,511	₹21,880	₹0	₹43,391	₹30,14,923	0.708%
145	2037-08-19	₹30,14,923	₹21,356	₹22,035	₹0	₹43,391	₹29,92,888	0.708%
146	2037-09-19	₹29,92,888	₹21,200	₹22,192	₹0	₹43,391	₹29,70,696	0.708%
147	2037-10-19	₹29,70,696	₹21,042	₹22,349	₹0	₹43,391	₹29,48,347	0.708%
148	2037-11-19	₹29,48,347	₹20,884	₹22,507	₹0	₹43,391	₹29,25,840	0.708%
149	2037-12-19	₹29,25,840	₹20,725	₹22,666	₹0	₹43,391	₹29,03,174	0.708%
150	2038-01-19	₹29,03,174	₹20,564	₹22,827	₹0	₹43,391	₹28,80,347	0.708%
151	2038-02-19	₹28,80,347	₹20,402	₹22,989	₹0	₹43,391	₹28,57,358	0.708%
152	2038-03-19	₹28,57,358	₹20,240	₹23,152	₹0	₹43,391	₹28,34,207	0.708%
153	2038-04-19	₹28,34,207	₹20,076	₹23,316	₹0	₹43,391	₹28,10,891	0.708%
154	2038-05-19	₹28,10,891	₹19,910	₹23,481	₹0	₹43,391	₹27,87,410	0.708%
155	2038-06-19	₹27,87,410	₹19,744	₹23,647	₹0	₹43,391	₹27,63,763	0.708%
156	2038-07-19	₹27,63,763	₹19,577	₹23,815	₹0	₹43,391	₹27,39,949	0.708%
157	2038-08-19	₹27,39,949	₹19,408	₹23,983	₹0	₹43,391	₹27,15,966	0.708%
158	2038-09-19	₹27,15,966	₹19,238	₹24,153	₹0	₹43,391	₹26,91,813	0.708%
159	2038-10-19	₹26,91,813	₹19,067	₹24,324	₹0	₹43,391	₹26,67,489	0.708%
160	2038-11-19	₹26,67,489	₹18,895	₹24,496	₹0	₹43,391	₹26,42,992	0.708%
161	2038-12-19	₹26,42,992	₹18,721	₹24,670	₹0	₹43,391	₹26,18,322	0.708%
162	2039-01-19	₹26,18,322	₹18,546	₹24,845	₹0	₹43,391	₹25,93,477	0.708%
163	2039-02-19	₹25,93,477	₹18,370	₹25,021	₹0	₹43,391	₹25,68,457	0.708%
164	2039-03-19	₹25,68,457	₹18,193	₹25,198	₹0	₹43,391	₹25,43,259	0.708%
165	2039-04-19	₹25,43,259	₹18,015	₹25,376	₹0	₹43,391	₹25,17,882	0.708%
166	2039-05-19	₹25,17,882	₹17,835	₹25,556	₹0	₹43,391	₹24,92,326	0.708%
167	2039-06-19	₹24,92,326	₹17,654	₹25,737	₹0	₹43,391	₹24,66,589	0.708%
168	2039-07-19	₹24,66,589	₹17,472	₹25,919	₹0	₹43,391	₹24,40,670	0.708%
169	2039-08-19	₹24,40,670	₹17,288	₹26,103	₹0	₹43,391	₹24,14,566	0.708%
170	2039-09-19	₹24,14,566	₹17,103	₹26,288	₹0	₹43,391	₹23,88,278	0.708%
171	2039-10-19	₹23,88,278	₹16,917	₹26,474	₹0	₹43,391	₹23,61,804	0.708%
172	2039-11-19	₹23,61,804	₹16,729	₹26,662	₹0	₹43,391	₹23,35,143	0.708%
173	2039-12-19	₹23,35,143	₹16,541	₹26,851	₹0	₹43,391	₹23,08,292	0.708%
174	2040-01-19	₹23,08,292	₹16,350	₹27,041	₹0	₹43,391	₹22,81,251	0.708%
175	2040-02-19	₹22,81,251	₹16,159	₹27,232	₹0	₹43,391	₹22,54,019	0.708%
176	2040-03-19	₹22,54,019	₹15,966	₹27,425	₹0	₹43,391	₹22,26,594	0.708%
177	2040-04-19	₹22,26,594	₹15,772	₹27,619	₹0	₹43,391	₹21,98,974	0.708%
178	2040-05-19	₹21,98,974	₹15,576	₹27,815	₹0	₹43,391	₹21,71,159	0.708%
179	2040-06-19	₹21,71,159	₹15,379	₹28,012	₹0	₹43,391	₹21,43,147	0.708%
180	2040-07-19	₹21,43,147	₹15,181	₹28,211	₹0	₹43,391	₹21,14,937	0.708%
181	2040-08-19	₹21,14,937	₹14,981	₹28,410	₹0	₹43,391	₹20,86,526	0.708%
182	2040-09-19	₹20,86,526	₹14,780	₹28,612	₹0	₹43,391	₹20,57,915	0.708%
183	2040-10-19	₹20,57,915	₹14,577	₹28,814	₹0	₹43,391	₹20,29,100	0.708%
184	2040-11-19	₹20,29,100	₹14,373	₹29,018	₹0	₹43,391	₹20,00,082	0.708%
185	2040-12-19	₹20,00,082	₹14,167	₹29,224	₹0	₹43,391	₹19,70,858	0.708%
186	2041-01-19	₹19,70,858	₹13,960	₹29,431	₹0	₹43,391	₹19,41,427	0.708%
187	2041-02-19	₹19,41,427	₹13,752	₹29,639	₹0	₹43,391	₹19,11,788	0.708%
188	2041-03-19	₹19,11,788	₹13,542	₹29,849	₹0	₹43,391	₹18,81,938	0.708%
189	2041-04-19	₹18,81,938	₹13,330	₹30,061	₹0	₹43,391	₹18,51,878	0.708%
190	2041-05-19	₹18,51,878	₹13,117	₹30,274	₹0	₹43,391	₹18,21,604	0.708%
191	2041-06-19	₹18,21,604	₹12,903	₹30,488	₹0	₹43,391	₹17,91,116	0.708%
192	2041-07-19	₹17,91,116	₹12,687	₹30,704	₹0	₹43,391	₹17,60,412	0.708%
193	2041-08-19	₹17,60,412	₹12,470	₹30,922	₹0	₹43,391	₹17,29,490	0.708%
194	2041-09-19	₹17,29,490	₹12,251	₹31,141	₹0	₹43,391	₹16,98,350	0.708%
195	2041-10-19	₹16,98,350	₹12,030	₹31,361	₹0	₹43,391	₹16,66,988	0.708%
196	2041-11-19	₹16,66,988	₹11,808	₹31,583	₹0	₹43,391	₹16,35,405	0.708%
197	2041-12-19	₹16,35,405	₹11,584	₹31,807	₹0	₹43,391	₹16,03,598	0.708%
198	2042-01-19	₹16,03,598	₹11,359	₹32,032	₹0	₹43,391	₹15,71,566	0.708%
199	2042-02-19	₹15,71,566	₹11,132	₹32,259	₹0	₹43,391	₹15,39,306	0.708%
200	2042-03-19	₹15,39,306	₹10,903	₹32,488	₹0	₹43,391	₹15,06,819	0.708%
201	2042-04-19	₹15,06,819	₹10,673	₹32,718	₹0	₹43,391	₹14,74,101	0.708%
202	2042-05-19	₹14,74,101	₹10,442	₹32,950	₹0	₹43,391	₹14,41,151	0.708%
203	2042-06-19	₹14,41,151	₹10,208	₹33,183	₹0	₹43,391	₹14,07,968	0.708%
204	2042-07-19	₹14,07,968	₹9,973	₹33,418	₹0	₹43,391	₹13,74,550	0.708%
205	2042-08-19	₹13,74,550	₹9,736	₹33,655	₹0	₹43,391	₹13,40,895	0.708%
206	2042-09-19	₹13,40,895	₹9,498	₹33,893	₹0	₹43,391	₹13,07,002	0.708%
207	2042-10-19	₹13,07,002	₹9,258	₹34,133	₹0	₹43,391	₹12,72,869	0.708%
208	2042-11-19	₹12,72,869	₹9,016	₹34,375	₹0	₹43,391	₹12,38,494	0.708%
209	2042-12-19	₹12,38,494	₹8,773	₹34,618	₹0	₹43,391	₹12,03,875	0.708%
210	2043-01-19	₹12,03,875	₹8,527	₹34,864	₹0	₹43,391	₹11,69,012	0.708%
211	2043-02-19	₹11,69,012	₹8,280	₹35,111	₹0	₹43,391	₹11,33,901	0.708%
212	2043-03-19	₹11,33,901	₹8,032	₹35,359	₹0	₹43,391	₹10,98,542	0.708%
213	2043-04-19	₹10,98,542	₹7,781	₹35,610	₹0	₹43,391	₹10,62,932	0.708%
214	2043-05-19	₹10,62,932	₹7,529	₹35,862	₹0	₹43,391	₹10,27,070	0.708%
215	2043-06-19	₹10,27,070	₹7,275	₹36,116	₹0	₹43,391	₹9,90,954	0.708%
216	2043-07-19	₹9,90,954	₹7,019	₹36,372	₹0	₹43,391	₹9,54,582	0.708%
217	2043-08-19	₹9,54,582	₹6,762	₹36,630	₹0	₹43,391	₹9,17,952	0.708%
218	2043-09-19	₹9,17,952	₹6,502	₹36,889	₹0	₹43,391	₹8,81,063	0.708%
219	2043-10-19	₹8,81,063	₹6,241	₹37,150	₹0	₹43,391	₹8,43,913	0.708%
220	2043-11-19	₹8,43,913	₹5,978	₹37,413	₹0	₹43,391	₹8,06,500	0.708%
221	2043-12-19	₹8,06,500	₹5,713	₹37,678	₹0	₹43,391	₹7,68,821	0.708%
222	2044-01-19	₹7,68,821	₹5,446	₹37,945	₹0	₹43,391	₹7,30,876	0.708%
223	2044-02-19	₹7,30,876	₹5,177	₹38,214	₹0	₹43,391	₹6,92,662	0.708%
224	2044-03-19	₹6,92,662	₹4,906	₹38,485	₹0	₹43,391	₹6,54,177	0.708%
225	2044-04-19	₹6,54,177	₹4,634	₹38,757	₹0	₹43,391	₹6,15,419	0.708%
226	2044-05-19	₹6,15,419	₹4,359	₹39,032	₹0	₹43,391	₹5,76,387	0.708%
227	2044-06-19	₹5,76,387	₹4,083	₹39,308	₹0	₹43,391	₹5,37,079	0.708%
228	2044-07-19	₹5,37,079	₹3,804	₹39,587	₹0	₹43,391	₹4,97,492	0.708%
229	2044-08-19	₹4,97,492	₹3,524	₹39,867	₹0	₹43,391	₹4,57,625	0.708%
230	2044-09-19	₹4,57,625	₹3,242	₹40,150	₹0	₹43,391	₹4,17,475	0.708%
231	2044-10-19	₹4,17,475	₹2,957	₹40,434	₹0	₹43,391	₹3,77,041	0.708%
232	2044-11-19	₹3,77,041	₹2,671	₹40,720	₹0	₹43,391	₹3,36,321	0.708%
233	2044-12-19	₹3,36,321	₹2,382	₹41,009	₹0	₹43,391	₹2,95,312	0.708%
234	2045-01-19	₹2,95,312	₹2,092	₹41,299	₹0	₹43,391	₹2,54,013	0.708%
235	2045-02-19	₹2,54,013	₹1,799	₹41,592	₹0	₹43,391	₹2,12,421	0.708%
236	2045-03-19	₹2,12,421	₹1,505	₹41,887	₹0	₹43,391	₹1,70,534	0.708%
237	2045-04-19	₹1,70,534	₹1,208	₹42,183	₹0	₹43,391	₹1,28,351	0.708%
238	2045-05-19	₹1,28,351	₹909	₹42,482	₹0	₹43,391	₹85,869	0.708%
239	2045-06-19	₹85,869	₹608	₹42,783	₹0	₹43,391	₹43,086	0.708%
240	2045-07-19	₹43,086	₹305	₹43,086	₹0	₹43,391	₹0	0.708%

Rounding to nearest rupee each month; final EMI adjusted to clear residuals. Lender results may vary slightly based on methodology.

HOME LOAN CALCULATOR-

What is a home loan?

A home loan is money borrowed from a bank or financial institution to buy, build, or renovate a house. The property is kept as collateral until the loan is fully paid.

What is Home Loan EMI?

A Home Loan EMI (Equated Monthly Installment) is the fixed amount you pay every month to the bank or lender for repaying your home loan.

Formula of home loan EMI

EMI = P × r × (1 + r)ⁿ / ((1 + r)ⁿ − 1)

Where P = loan amount, r = monthly interest rate (annual rate / 12), n = total number of months.

Example

Loan Amount = ₹30,00,000
Tenure = 20 years (240 months)
Interest Rate = 8% p.a.
Calculated EMI: ₹25,093

Amortization snapshot (selected months)

Month	EMI (₹)	Principal (₹)	Interest (₹)	Balance Loan (₹)
1	25,093	5,093	20,000	29,94,907
2	25,093	5,127	19,966	29,89,780
3	25,093	5,161	19,932	29,84,619
4	25,093	5,196	[x]	[x]
...	...	...	...	...
239	25,093	24,761	332	25,093
240	25,093	24,925	168	0

Note: The above is a snapshot; intermediate rows are omitted.

Summary

EMI: ₹25,093
Total Interest: ₹30,22,368
Total Paid: ₹60,22,368

This is due to the reducing balance method of loan repayment, where interest is calculated on the outstanding loan amount. In the beginning, the outstanding principal is high, so the interest portion is larger. As you keep repaying, the outstanding principal reduces, lowering the interest amount and increasing the share of the principal in each EMI.

It includes two parts

Principal: The part of the EMI that reduces your outstanding loan amount.
Interest: The cost charged by the bank for lending you the money.

Types of Home Loan

A Standard Home Loan: The most common type, taken to buy a house, flat, or apartment. Disbursed in one go for ready properties or in stages for under-construction ones. Repaid via EMIs.
Home Construction Loan: For constructing a new house on a plot you own. Funds are released in stages as construction progresses.
Home Renovation Loans: For renovation, repairs, or upgrades (e.g., kitchen, bedrooms, bathrooms). Usually smaller amounts, often disbursed as a lump sum.
Plot Loan / Land Loan: To purchase land for building a house later or as an investment. Typically does not cover construction costs.
Joint Home Loans: Taken by two or more applicants (often spouses/family). Combined income/credit can increase eligibility; all share repayment responsibility.

Types of Home Loan Interest Rates

Fixed rate

The interest stays the same for the entire loan period or a set initial period, so your EMI never changes. It’s usually a bit higher and you won’t benefit if market rates drop.

Example: You take a ₹50 lakh home loan for 20 years at a fixed 8% p.a. Your EMI will be ₹41,822 every month for the entire tenure; even if RBI increases repo rates, your EMI remains ₹41,822.

Floating rate

The interest changes with the market, so your EMI can go up or down. It often starts lower than fixed rates, but can rise if market rates increase.

Example: If after 1 year the market rate rises to 9% p.a., your EMI may increase (e.g., from ₹41,822 to ₹44,986) or your tenure may get extended.

What is a Home Loan EMI Calculator and How Does It Help?

A Home Loan EMI calculator helps you estimate how much you’ll pay every month. Enter a few details and see your EMI, total interest, and total repayment instantly.

Loan amount (e.g., ₹50,00,000)
Loan tenure (e.g., 20 years)
Interest rate (e.g., 8.5% per year)

It’s not a commitment from the bank—just an estimate to help you plan your budget better.

How to Use Finanjo’s Home Loan EMI Calculator – Step-by-Step

Enter your loan amount (e.g., ₹40,00,000)
Select your loan tenure (e.g., 15 years)
Enter the interest rate offered by your bank (e.g., 7.8% per year)
The calculator will instantly show your monthly EMI, total interest cost, and overall repayment amount
You can adjust tenure or interest rate to compare different scenarios

Frequently Asked Questions About Home Loan EMI

Is the EMI fixed for the entire tenure?

Not always. If you have a floating interest rate, your EMI may change with market rates.

Can I repay my home loan early?

Yes. Most banks allow part-prepayment or full repayment, though some may have conditions.

Does the EMI include insurance?

Usually, no Home loan EMI is for principal + interest. Insurance is a separate cost.

What happens if I miss an EMI?

You may face penalties, and it can affect your credit score.

Which is better fixed or floating rate?

Fixed is stable but may be costlier over time. Floating can be cheaper if rates fall, but risky if rates rise.

Home Loan EMI Report

Loan Amount: ₹50,00,000

Rate: 8.5% p.a.

Tenure: 240 months

Start Date: I2025-08-19

Strategy: Reduce Tenure

Processing Fee: ₹10,000

GST on Fee: 18%

Net Disbursal: ₹49,88,200

APR (incl. fee): 8.87%

Base EMI (no prepay): ₹43,391

Amortization (first 30 months)

M	Date	Opening	Interest	Principal	Extra	EMI	Closing
1	2025-08-19	₹50,00,000	₹35,417	₹7,974	₹0	₹43,391	₹49,92,026
2	2025-09-19	₹49,92,026	₹35,360	₹8,031	₹0	₹43,391	₹49,83,995
3	2025-10-19	₹49,83,995	₹35,303	₹8,088	₹0	₹43,391	₹49,75,907
4	2025-11-19	₹49,75,907	₹35,246	₹8,145	₹0	₹43,391	₹49,67,762
5	2025-12-19	₹49,67,762	₹35,188	₹8,203	₹0	₹43,391	₹49,59,559
6	2026-01-19	₹49,59,559	₹35,130	₹8,261	₹0	₹43,391	₹49,51,298
7	2026-02-19	₹49,51,298	₹35,072	₹8,319	₹0	₹43,391	₹49,42,978
8	2026-03-19	₹49,42,978	₹35,013	₹8,378	₹0	₹43,391	₹49,34,600
9	2026-04-19	₹49,34,600	₹34,953	₹8,438	₹0	₹43,391	₹49,26,162
10	2026-05-19	₹49,26,162	₹34,894	₹8,498	₹0	₹43,391	₹49,17,665
11	2026-06-19	₹49,17,665	₹34,833	₹8,558	₹0	₹43,391	₹49,09,107
12	2026-07-19	₹49,09,107	₹34,773	₹8,618	₹0	₹43,391	₹49,00,489
13	2026-08-19	₹49,00,489	₹34,712	₹8,679	₹0	₹43,391	₹48,91,809
14	2026-09-19	₹48,91,809	₹34,650	₹8,741	₹0	₹43,391	₹48,83,068
15	2026-10-19	₹48,83,068	₹34,588	₹8,803	₹0	₹43,391	₹48,74,266
16	2026-11-19	₹48,74,266	₹34,526	₹8,865	₹0	₹43,391	₹48,65,400
17	2026-12-19	₹48,65,400	₹34,463	₹8,928	₹0	₹43,391	₹48,56,473
18	2027-01-19	₹48,56,473	₹34,400	₹8,991	₹0	₹43,391	₹48,47,481
19	2027-02-19	₹48,47,481	₹34,336	₹9,055	₹0	₹43,391	₹48,38,427
20	2027-03-19	₹48,38,427	₹34,272	₹9,119	₹0	₹43,391	₹48,29,308
21	2027-04-19	₹48,29,308	₹34,208	₹9,184	₹0	₹43,391	₹48,20,124
22	2027-05-19	₹48,20,124	₹34,143	₹9,249	₹0	₹43,391	₹48,10,875
23	2027-06-19	₹48,10,875	₹34,077	₹9,314	₹0	₹43,391	₹48,01,561
24	2027-07-19	₹48,01,561	₹34,011	₹9,380	₹0	₹43,391	₹47,92,181
25	2027-08-19	₹47,92,181	₹33,945	₹9,447	₹0	₹43,391	₹47,82,735
26	2027-09-19	₹47,82,735	₹33,878	₹9,513	₹0	₹43,391	₹47,73,221
27	2027-10-19	₹47,73,221	₹33,810	₹9,581	₹0	₹43,391	₹47,63,640
28	2027-11-19	₹47,63,640	₹33,742	₹9,649	₹0	₹43,391	₹47,53,992
29	2027-12-19	₹47,53,992	₹33,674	₹9,717	₹0	₹43,391	₹47,44,275
30	2028-01-19	₹47,44,275	₹33,605	₹9,786	₹0	₹43,391	₹47,34,489