EMI and Home Loan Calculator: Monthly, Yearly EMI and Interest

Calculate monthly EMI, yearly EMI, total interest and a year-wise principal and interest table for a home loan, with optional extra payment to see interest saved.

मासिक और सालाना EMI, कुल ब्याज और साल-दर-साल बैलेंस।

Enter the property price and down payment, or the loan amount directly. See monthly and yearly EMI, total interest and what an extra monthly payment can save.

Property price (₹, optional)Down payment (%)Loan amount (₹)Interest rate (% per year)Tenure

Processing fee (% of loan, optional)Extra payment every month (₹, optional)

Rates differ by bank and borrower profile. Ask each bank for a written offer.

How the numbers work

EMI = P × r × (1+r)^n ÷ ((1+r)^n − 1), where P is the loan, r is the monthly rate and n is the number of months. The table shows how much of each year’s payments goes to principal and how much to interest. In the early years interest is the bigger share. Adding even a small extra payment every month can shorten the loan and save a lot of interest.

Keep the EMI comfortable

As a risk-management guideline, keep the EMI within about 30 to 35 percent of stable monthly take-home income. Check your budget in the affordability calculator, and read our home loan guide and the investment maths guide.