Home Loan Calculator
Estimate the monthly EMI, total interest and total cost of a home loan from home price, down payment, rate and term.
Inputs
Result
Monthly EMI
₹34,712.93
20 years
Related calculators
Formula
Loan = Home price − Down payment. EMI = L × r × (1 + r)^n / ((1 + r)^n − 1), where L is the loan amount, r is the monthly rate and n is the term in months.
How it works
A home loan calculator estimates your monthly EMI, total interest and total cost on a housing loan from home price, down payment, interest rate and term.
Example
Example: A ₹50,00,000 home with ₹10,00,000 down at 8.5% over 20 years produces an EMI of ₹34,712.93. Total interest over the life of the loan is about ₹43,31,105.
Frequently Asked Questions
Related Calculators
Mortgage Calculator
Estimate monthly mortgage payments, interest and amortization.
Loan Calculator
Calculate EMI for any loan amount, tenure and interest rate.
Auto Loan Calculator
Work out monthly car loan payments and total interest.
Compound Interest Calculator
See how money grows with compounding over time.
Simple Interest Calculator
Quickly compute simple interest on a principal amount.
Credit Card Payoff Calculator
Plan how fast you can pay off credit card debt.