Home Loan EMI Calculator

Summary

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

How it works

1. Enter the principal loan amount — the total amount you plan to borrow.
2. Enter the annual interest rate as a percentage offered by your lender.
3. Set the loan tenure in years (or switch to months for shorter terms).
4. The EMI, total interest, and total payment update instantly.
5. Review the pie chart for a visual breakdown of principal versus interest.
6. Scroll through the year-by-year summary table to track your outstanding balance.

Use cases

• Estimating monthly mortgage payments before applying for a home loan.
• Comparing EMIs across different loan amounts, rates, or tenures.
• Planning a home purchase budget based on affordable monthly installments.
• Understanding the total interest cost of a long-term housing loan.
• Evaluating whether to take a shorter tenure to save on interest.
• Checking how a change in interest rate affects your monthly obligation.
• Preparing for refinancing by comparing current and new loan terms.
• Helping first-time home buyers understand their repayment commitment.

Frequently Asked Questions