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

INR
INR
%

Result

Monthly EMI

₹34,712.93

20 years

Loan Amount₹4,000,000.00
Total Interest₹4,331,103.04
Total Cost₹9,331,103.04

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

Disclaimer: Results are estimates for informational purposes only and should not be considered financial, medical, legal, or professional advice. Always consult a qualified professional before making decisions.