Home Loan EMI Calculator

(Equated Monthly Instalment)

Work out the monthly EMI on a home loan, how much of what you repay is interest, and when the loan ends, with what an extra payment each month would save.

The loan

What you borrow, and what the lender charges for it.

Fifty lakh

What you borrow: the price of the home less your down payment.

The yearly rate your lender quotes.

Paying it off

When the EMIs start, and anything you add to them.

First EMI

Sets the dates in your result and the schedule. Already paying? Pick the month your EMIs began.

Zero

Optional. Paid on top of your EMI, straight off what you owe, to close the loan sooner.

Your result

Your EMI
₹43,391
Interest
₹54.14 Lakhs

Every month for 20 yrs, from Oct 2026 to Sept 2046.

Your interest

You borrow ₹50 Lakhs and repay ₹1.04 Crs. ₹54.14 Lakhs of it is interest, enough to buy another ₹50 Lakh home, and ₹4.14 Lakhs more. Your interest adds up to a whole ₹50 Lakh home by Mar 2042, and is all paid by Sept 2046.

Your loan and the interest on it
FigureValue
Your loan₹50 Lakhs
Interest₹54.14 Lakhs
You repay in all₹1.04 Crs
Interest reaches a whole ₹50 Lakh home byMar 2042
All interest paid bySept 2046
You repay in all
₹1.04 Crs
Number of EMIs
24020 yrs
How this is worked outShow
The EMI
rounded to the rupee
Interest
charged monthly on what you still owe
The last EMI
adjusted to clear the loan exactly
An extra payment
comes straight off what you owe
The interest rate
fixed for the whole loan

EMI = P × r × (1 + r)ⁿ ÷ ((1 + r)ⁿ − 1), where P is the loan, r the monthly rate (the yearly rate ÷ 12) and n the number of months. A lender's figures can differ slightly: floating rates change, and processing fees and insurance are not included here.

Illustrative projection, not advice. Nothing you enter is stored.

Payment scheduleShow

What each year's EMIs pay towards the loan and in interest. Select a year to see its months.

What was paid, what went towards the loan, the interest and what was still owed, for each year of the loan
YearPaidTowards the loanInterestStill owed
₹1,30,173₹24,093₹1,06,080₹49,75,907
₹5,20,692₹1,01,640₹4,19,052₹48,74,267
₹5,20,692₹1,10,623₹4,10,069₹47,63,644
₹5,20,692₹1,20,402₹4,00,290₹46,43,242
₹5,20,692₹1,31,043₹3,89,649₹45,12,199
₹5,20,692₹1,42,626₹3,78,066₹43,69,573
₹5,20,692₹1,55,235₹3,65,457₹42,14,338
₹5,20,692₹1,68,954₹3,51,738₹40,45,384
₹5,20,692₹1,83,891₹3,36,801₹38,61,493
₹5,20,692₹2,00,144₹3,20,548₹36,61,349
₹5,20,692₹2,17,835₹3,02,857₹34,43,514
₹5,20,692₹2,37,089₹2,83,603₹32,06,425
₹5,20,692₹2,58,044₹2,62,648₹29,48,381
₹5,20,692₹2,80,855₹2,39,837₹26,67,526
₹5,20,692₹3,05,680₹2,15,012₹23,61,846
₹5,20,692₹3,32,699₹1,87,993₹20,29,147
₹5,20,692₹3,62,106₹1,58,586₹16,67,041
₹5,20,692₹3,94,113₹1,26,579₹12,72,928
₹5,20,692₹4,28,947₹91,745₹8,43,981
₹5,20,692₹4,66,864₹53,828₹3,77,117
₹3,90,602₹3,77,117₹13,485₹0

Before you rely on these numbers

  • This is an illustrative tool, not investment advice and not a recommendation to buy or sell any security or product.
  • Every figure is a projection built on the assumptions shown, which you can change. Actual returns vary and can be negative.
  • Returns are assumed to be steady year on year. Real markets are not, and a poor sequence of returns close to your goal changes the outcome even when the average does not.
  • Figures are before tax, exit loads and fund charges, and assume every contribution is made on time.
  • Nothing you type is sent anywhere. The calculation runs entirely in your browser and nothing is stored.

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