India Mortgage Calculator

Enter your loan amount, interest rate, and tenure to get your monthly EMI, total interest, and total repayment for an India home loan.

Use the India Mortgage Calculator

Loan Details

Rs.

Results

Monthly EMI
Rs. 0
Total Interest
Rs. 0
Total Repayment
Rs. 0
Principal: 50% Interest: 50%

EMI is calculated on a reducing-balance basis and assumes a fixed interest rate for the full tenure. It does not include processing fees, insurance, or other lender charges.

Summary

This calculator works out the monthly EMI (Equated Monthly Installment) for an India home loan using the standard reducing-balance formula banks use. Enter the loan amount, annual interest rate, and tenure in years to see your monthly payment, total interest paid over the loan, and the total amount repaid.

How it works

  1. Enter the loan (principal) amount in rupees.
  2. Enter the annual interest rate offered by your lender.
  3. Enter the loan tenure in years.
  4. The EMI, total interest, and total repayment update instantly.
  5. Adjust any value to see how it changes your monthly payment.

Use cases

  • Compare EMI across different interest rate offers before choosing a lender.
  • Check how a shorter or longer tenure changes your monthly outgo.
  • Estimate total interest cost over the life of a home loan.
  • Plan a household budget around a fixed monthly EMI.
  • Sanity-check the EMI quoted by a bank or housing finance company.
  • See the effect of a larger down payment by lowering the loan amount.

Frequently Asked Questions

Last updated: 2026-07-13 · Reviewed by Nham Vu