Home Loan Emi Calculator

Loan Amount

Annual Interest Rate (%)

Loan Tenure (Years)

Display by

Monthly EMI Amount: 23,259

Total Principal Paid: 3,000,000

Total Interest Paid: 2,582,152

Total Amount Paid: 5,582,152

Extra Amount Paid: 2,582,152 (86.07%)

No	Period	EMI	Principal	Interest	Outstanding	Paid%
1	DEC-2024	23,259	5,759	17,500	2,994,241	0.19%
2	JAN-2025	23,259	5,793	17,466	2,988,448	0.39%
3	FEB-2025	23,259	5,826	17,433	2,982,622	0.58%
4	MAR-2025	23,259	5,860	17,399	2,976,762	0.77%
5	APR-2025	23,259	5,895	17,364	2,970,867	0.97%
6	MAY-2025	23,259	5,929	17,330	2,964,938	1.17%
7	JUN-2025	23,259	5,963	17,295	2,958,975	1.37%
8	JUL-2025	23,259	5,998	17,261	2,952,977	1.57%
9	AUG-2025	23,259	6,033	17,226	2,946,943	1.77%
10	SEP-2025	23,259	6,068	17,191	2,940,875	1.97%
11	OCT-2025	23,259	6,104	17,155	2,934,771	2.17%
12	NOV-2025	23,259	6,139	17,119	2,928,631	2.38%
13	DEC-2025	23,259	6,175	17,084	2,922,456	2.58%
14	JAN-2026	23,259	6,211	17,048	2,916,245	2.79%
15	FEB-2026	23,259	6,248	17,011	2,909,997	3.00%
16	MAR-2026	23,259	6,284	16,975	2,903,713	3.21%
17	APR-2026	23,259	6,321	16,938	2,897,393	3.42%
18	MAY-2026	23,259	6,358	16,901	2,891,035	3.63%
19	JUN-2026	23,259	6,395	16,864	2,884,641	3.85%
20	JUL-2026	23,259	6,432	16,827	2,878,209	4.06%
21	AUG-2026	23,259	6,469	16,790	2,871,739	4.28%
22	SEP-2026	23,259	6,507	16,752	2,865,232	4.49%
23	OCT-2026	23,259	6,545	16,714	2,858,687	4.71%
24	NOV-2026	23,259	6,583	16,676	2,852,104	4.93%
25	DEC-2026	23,259	6,622	16,637	2,845,482	5.15%
26	JAN-2027	23,259	6,660	16,599	2,838,822	5.37%
27	FEB-2027	23,259	6,699	16,560	2,832,123	5.60%
28	MAR-2027	23,259	6,738	16,521	2,825,384	5.82%
29	APR-2027	23,259	6,778	16,481	2,818,607	6.05%
30	MAY-2027	23,259	6,817	16,442	2,811,790	6.27%
31	JUN-2027	23,259	6,857	16,402	2,804,933	6.50%
32	JUL-2027	23,259	6,897	16,362	2,798,036	6.73%
33	AUG-2027	23,259	6,937	16,322	2,791,099	6.96%
34	SEP-2027	23,259	6,978	16,281	2,784,121	7.20%
35	OCT-2027	23,259	7,018	16,241	2,777,103	7.43%
36	NOV-2027	23,259	7,059	16,200	2,770,044	7.67%
37	DEC-2027	23,259	7,100	16,159	2,762,943	7.90%
38	JAN-2028	23,259	7,142	16,117	2,755,802	8.14%
39	FEB-2028	23,259	7,183	16,076	2,748,618	8.38%
40	MAR-2028	23,259	7,225	16,034	2,741,393	8.62%
41	APR-2028	23,259	7,268	15,991	2,734,125	8.86%
42	MAY-2028	23,259	7,310	15,949	2,726,815	9.11%
43	JUN-2028	23,259	7,353	15,906	2,719,463	9.35%
44	JUL-2028	23,259	7,395	15,864	2,712,067	9.60%
45	AUG-2028	23,259	7,439	15,820	2,704,629	9.85%
46	SEP-2028	23,259	7,482	15,777	2,697,147	10.10%
47	OCT-2028	23,259	7,526	15,733	2,689,621	10.35%
48	NOV-2028	23,259	7,570	15,689	2,682,052	10.60%
49	DEC-2028	23,259	7,614	15,645	2,674,438	10.85%
50	JAN-2029	23,259	7,658	15,601	2,666,780	11.11%
51	FEB-2029	23,259	7,703	15,556	2,659,077	11.36%
52	MAR-2029	23,259	7,748	15,511	2,651,330	11.62%
53	APR-2029	23,259	7,793	15,466	2,643,537	11.88%
54	MAY-2029	23,259	7,838	15,421	2,635,698	12.14%
55	JUN-2029	23,259	7,884	15,375	2,627,814	12.41%
56	JUL-2029	23,259	7,930	15,329	2,619,884	12.67%
57	AUG-2029	23,259	7,976	15,283	2,611,908	12.94%
58	SEP-2029	23,259	8,023	15,236	2,603,885	13.20%
59	OCT-2029	23,259	8,070	15,189	2,595,815	13.47%
60	NOV-2029	23,259	8,117	15,142	2,587,699	13.74%
61	DEC-2029	23,259	8,164	15,095	2,579,535	14.02%
62	JAN-2030	23,259	8,212	15,047	2,571,323	14.29%
63	FEB-2030	23,259	8,260	14,999	2,563,063	14.56%
64	MAR-2030	23,259	8,308	14,951	2,554,756	14.84%
65	APR-2030	23,259	8,356	14,903	2,546,399	15.12%
66	MAY-2030	23,259	8,405	14,854	2,537,994	15.40%
67	JUN-2030	23,259	8,454	14,805	2,529,540	15.68%
68	JUL-2030	23,259	8,503	14,756	2,521,037	15.97%
69	AUG-2030	23,259	8,553	14,706	2,512,484	16.25%
70	SEP-2030	23,259	8,603	14,656	2,503,881	16.54%
71	OCT-2030	23,259	8,653	14,606	2,495,228	16.83%
72	NOV-2030	23,259	8,703	14,555	2,486,525	17.12%
73	DEC-2030	23,259	8,754	14,505	2,477,771	17.41%
74	JAN-2031	23,259	8,805	14,454	2,468,965	17.70%
75	FEB-2031	23,259	8,857	14,402	2,460,109	18.00%
76	MAR-2031	23,259	8,908	14,351	2,451,200	18.29%
77	APR-2031	23,259	8,960	14,299	2,442,240	18.59%
78	MAY-2031	23,259	9,013	14,246	2,433,228	18.89%
79	JUN-2031	23,259	9,065	14,194	2,424,162	19.19%
80	JUL-2031	23,259	9,118	14,141	2,415,044	19.50%
81	AUG-2031	23,259	9,171	14,088	2,405,873	19.80%
82	SEP-2031	23,259	9,225	14,034	2,396,648	20.11%
83	OCT-2031	23,259	9,279	13,980	2,387,370	20.42%
84	NOV-2031	23,259	9,333	13,926	2,378,037	20.73%
85	DEC-2031	23,259	9,387	13,872	2,368,650	21.04%
86	JAN-2032	23,259	9,442	13,817	2,359,208	21.36%
87	FEB-2032	23,259	9,497	13,762	2,349,711	21.68%
88	MAR-2032	23,259	9,552	13,707	2,340,159	21.99%
89	APR-2032	23,259	9,608	13,651	2,330,551	22.31%
90	MAY-2032	23,259	9,664	13,595	2,320,887	22.64%
91	JUN-2032	23,259	9,720	13,539	2,311,167	22.96%
92	JUL-2032	23,259	9,777	13,482	2,301,389	23.29%
93	AUG-2032	23,259	9,834	13,425	2,291,555	23.61%
94	SEP-2032	23,259	9,892	13,367	2,281,664	23.94%
95	OCT-2032	23,259	9,949	13,310	2,271,714	24.28%
96	NOV-2032	23,259	10,007	13,252	2,261,707	24.61%
97	DEC-2032	23,259	10,066	13,193	2,251,641	24.95%
98	JAN-2033	23,259	10,124	13,135	2,241,517	25.28%
99	FEB-2033	23,259	10,183	13,076	2,231,334	25.62%
100	MAR-2033	23,259	10,243	13,016	2,221,091	25.96%
101	APR-2033	23,259	10,303	12,956	2,210,788	26.31%
102	MAY-2033	23,259	10,363	12,896	2,200,425	26.65%
103	JUN-2033	23,259	10,423	12,836	2,190,002	27.00%
104	JUL-2033	23,259	10,484	12,775	2,179,518	27.35%
105	AUG-2033	23,259	10,545	12,714	2,168,973	27.70%
106	SEP-2033	23,259	10,607	12,652	2,158,367	28.05%
107	OCT-2033	23,259	10,668	12,590	2,147,698	28.41%
108	NOV-2033	23,259	10,731	12,528	2,136,967	28.77%
109	DEC-2033	23,259	10,793	12,466	2,126,174	29.13%
110	JAN-2034	23,259	10,856	12,403	2,115,318	29.49%
111	FEB-2034	23,259	10,920	12,339	2,104,398	29.85%
112	MAR-2034	23,259	10,983	12,276	2,093,415	30.22%
113	APR-2034	23,259	11,047	12,212	2,082,367	30.59%
114	MAY-2034	23,259	11,112	12,147	2,071,256	30.96%
115	JUN-2034	23,259	11,177	12,082	2,060,079	31.33%
116	JUL-2034	23,259	11,242	12,017	2,048,837	31.71%
117	AUG-2034	23,259	11,307	11,952	2,037,530	32.08%
118	SEP-2034	23,259	11,373	11,886	2,026,156	32.46%
119	OCT-2034	23,259	11,440	11,819	2,014,717	32.84%
120	NOV-2034	23,259	11,506	11,753	2,003,210	33.23%
121	DEC-2034	23,259	11,574	11,685	1,991,637	33.61%
122	JAN-2035	23,259	11,641	11,618	1,979,995	34.00%
123	FEB-2035	23,259	11,709	11,550	1,968,286	34.39%
124	MAR-2035	23,259	11,777	11,482	1,956,509	34.78%
125	APR-2035	23,259	11,846	11,413	1,944,663	35.18%
126	MAY-2035	23,259	11,915	11,344	1,932,748	35.58%
127	JUN-2035	23,259	11,985	11,274	1,920,763	35.97%
128	JUL-2035	23,259	12,055	11,204	1,908,709	36.38%
129	AUG-2035	23,259	12,125	11,134	1,896,584	36.78%
130	SEP-2035	23,259	12,196	11,063	1,884,389	37.19%
131	OCT-2035	23,259	12,267	10,992	1,872,122	37.60%
132	NOV-2035	23,259	12,338	10,921	1,859,784	38.01%
133	DEC-2035	23,259	12,410	10,849	1,847,373	38.42%
134	JAN-2036	23,259	12,483	10,776	1,834,891	38.84%
135	FEB-2036	23,259	12,555	10,704	1,822,335	39.26%
136	MAR-2036	23,259	12,629	10,630	1,809,707	39.68%
137	APR-2036	23,259	12,702	10,557	1,797,004	40.10%
138	MAY-2036	23,259	12,776	10,483	1,784,228	40.53%
139	JUN-2036	23,259	12,851	10,408	1,771,377	40.95%
140	JUL-2036	23,259	12,926	10,333	1,758,451	41.38%
141	AUG-2036	23,259	13,001	10,258	1,745,450	41.82%
142	SEP-2036	23,259	13,077	10,182	1,732,372	42.25%
143	OCT-2036	23,259	13,153	10,106	1,719,219	42.69%
144	NOV-2036	23,259	13,230	10,029	1,705,989	43.13%
145	DEC-2036	23,259	13,307	9,952	1,692,681	43.58%
146	JAN-2037	23,259	13,385	9,874	1,679,296	44.02%
147	FEB-2037	23,259	13,463	9,796	1,665,833	44.47%
148	MAR-2037	23,259	13,542	9,717	1,652,292	44.92%
149	APR-2037	23,259	13,621	9,638	1,638,671	45.38%
150	MAY-2037	23,259	13,700	9,559	1,624,971	45.83%
151	JUN-2037	23,259	13,780	9,479	1,611,191	46.29%
152	JUL-2037	23,259	13,860	9,399	1,597,331	46.76%
153	AUG-2037	23,259	13,941	9,318	1,583,390	47.22%
154	SEP-2037	23,259	14,023	9,236	1,569,367	47.69%
155	OCT-2037	23,259	14,104	9,155	1,555,263	48.16%
156	NOV-2037	23,259	14,187	9,072	1,541,076	48.63%
157	DEC-2037	23,259	14,269	8,990	1,526,807	49.11%
158	JAN-2038	23,259	14,353	8,906	1,512,454	49.58%
159	FEB-2038	23,259	14,436	8,823	1,498,018	50.07%
160	MAR-2038	23,259	14,521	8,738	1,483,497	50.55%
161	APR-2038	23,259	14,605	8,654	1,468,892	51.04%
162	MAY-2038	23,259	14,690	8,569	1,454,202	51.53%
163	JUN-2038	23,259	14,776	8,483	1,439,425	52.02%
164	JUL-2038	23,259	14,862	8,397	1,424,563	52.51%
165	AUG-2038	23,259	14,949	8,310	1,409,614	53.01%
166	SEP-2038	23,259	15,036	8,223	1,394,578	53.51%
167	OCT-2038	23,259	15,124	8,135	1,379,454	54.02%
168	NOV-2038	23,259	15,212	8,047	1,364,242	54.53%
169	DEC-2038	23,259	15,301	7,958	1,348,941	55.04%
170	JAN-2039	23,259	15,390	7,869	1,333,551	55.55%
171	FEB-2039	23,259	15,480	7,779	1,318,071	56.06%
172	MAR-2039	23,259	15,570	7,689	1,302,501	56.58%
173	APR-2039	23,259	15,661	7,598	1,286,840	57.11%
174	MAY-2039	23,259	15,752	7,507	1,271,087	57.63%
175	JUN-2039	23,259	15,844	7,415	1,255,243	58.16%
176	JUL-2039	23,259	15,937	7,322	1,239,306	58.69%
177	AUG-2039	23,259	16,030	7,229	1,223,277	59.22%
178	SEP-2039	23,259	16,123	7,136	1,207,153	59.76%
179	OCT-2039	23,259	16,217	7,042	1,190,936	60.30%
180	NOV-2039	23,259	16,312	6,947	1,174,624	60.85%
181	DEC-2039	23,259	16,407	6,852	1,158,217	61.39%
182	JAN-2040	23,259	16,503	6,756	1,141,715	61.94%
183	FEB-2040	23,259	16,599	6,660	1,125,116	62.50%
184	MAR-2040	23,259	16,696	6,563	1,108,420	63.05%
185	APR-2040	23,259	16,793	6,466	1,091,627	63.61%
186	MAY-2040	23,259	16,891	6,368	1,074,735	64.18%
187	JUN-2040	23,259	16,990	6,269	1,057,746	64.74%
188	JUL-2040	23,259	17,089	6,170	1,040,657	65.31%
189	AUG-2040	23,259	17,188	6,070	1,023,469	65.88%
190	SEP-2040	23,259	17,289	5,970	1,006,180	66.46%
191	OCT-2040	23,259	17,390	5,869	988,790	67.04%
192	NOV-2040	23,259	17,491	5,768	971,299	67.62%
193	DEC-2040	23,259	17,593	5,666	953,706	68.21%
194	JAN-2041	23,259	17,696	5,563	936,010	68.80%
195	FEB-2041	23,259	17,799	5,460	918,212	69.39%
196	MAR-2041	23,259	17,903	5,356	900,309	69.99%
197	APR-2041	23,259	18,007	5,252	882,302	70.59%
198	MAY-2041	23,259	18,112	5,147	864,189	71.19%
199	JUN-2041	23,259	18,218	5,041	845,972	71.80%
200	JUL-2041	23,259	18,324	4,935	827,647	72.41%
201	AUG-2041	23,259	18,431	4,828	809,216	73.03%
202	SEP-2041	23,259	18,539	4,720	790,678	73.64%
203	OCT-2041	23,259	18,647	4,612	772,031	74.27%
204	NOV-2041	23,259	18,755	4,504	753,276	74.89%
205	DEC-2041	23,259	18,865	4,394	734,411	75.52%
206	JAN-2042	23,259	18,975	4,284	715,436	76.15%
207	FEB-2042	23,259	19,086	4,173	696,350	76.79%
208	MAR-2042	23,259	19,197	4,062	677,153	77.43%
209	APR-2042	23,259	19,309	3,950	657,845	78.07%
210	MAY-2042	23,259	19,422	3,837	638,423	78.72%
211	JUN-2042	23,259	19,535	3,724	618,888	79.37%
212	JUL-2042	23,259	19,649	3,610	599,239	80.03%
213	AUG-2042	23,259	19,763	3,496	579,476	80.68%
214	SEP-2042	23,259	19,879	3,380	559,597	81.35%
215	OCT-2042	23,259	19,995	3,264	539,603	82.01%
216	NOV-2042	23,259	20,111	3,148	519,491	82.68%
217	DEC-2042	23,259	20,229	3,030	499,263	83.36%
218	JAN-2043	23,259	20,347	2,912	478,916	84.04%
219	FEB-2043	23,259	20,465	2,794	458,451	84.72%
220	MAR-2043	23,259	20,585	2,674	437,866	85.40%
221	APR-2043	23,259	20,705	2,554	417,161	86.09%
222	MAY-2043	23,259	20,826	2,433	396,336	86.79%
223	JUN-2043	23,259	20,947	2,312	375,389	87.49%
224	JUL-2043	23,259	21,069	2,190	354,320	88.19%
225	AUG-2043	23,259	21,192	2,067	333,128	88.90%
226	SEP-2043	23,259	21,316	1,943	311,812	89.61%
227	OCT-2043	23,259	21,440	1,819	290,372	90.32%
228	NOV-2043	23,259	21,565	1,694	268,807	91.04%
229	DEC-2043	23,259	21,691	1,568	247,116	91.76%
230	JAN-2044	23,259	21,817	1,442	225,298	92.49%
231	FEB-2044	23,259	21,945	1,314	203,354	93.22%
232	MAR-2044	23,259	22,073	1,186	181,281	93.96%
233	APR-2044	23,259	22,201	1,057	159,079	94.70%
234	MAY-2044	23,259	22,331	928	136,748	95.44%
235	JUN-2044	23,259	22,461	798	114,287	96.19%
236	JUL-2044	23,259	22,592	667	91,695	96.94%
237	AUG-2044	23,259	22,724	535	68,971	97.70%
238	SEP-2044	23,259	22,857	402	46,114	98.46%
239	OCT-2044	23,259	22,990	269	23,124	99.23%
240	NOV-2044	23,259	23,124	135	0	100.00%
		5,582,152	3,000,000	2,582,152

Considering a home loan to finance your dream home? Our Home Loan EMI Calculator helps you estimate your monthly payments, understand your financial commitment, and plan your budget effectively. Below, you'll find essential information about home loans, their benefits and drawbacks, and a guide on how to use our calculator for accurate results.

What is a Home Loan?

A home loan is a type of financial product provided by banks or financial institutions to help individuals purchase or construct a home. The borrower receives a lump sum amount and agrees to repay it in equal monthly installments (EMIs) over a specified period, known as the tenure. The amount of EMI depends on the principal loan amount, the interest rate, and the tenure.

Types of Home Loans

Fixed-Rate Loans: Interest rate remains constant throughout the loan tenure, providing stable monthly payments.
Variable-Rate Loans: Interest rate fluctuates based on market conditions, which can affect EMI amounts.

Pros of a Home Loan

Ownership: Enables you to own your home sooner, rather than waiting to save the entire amount.
Tax Benefits: Home loans often come with tax benefits on both principal repayment and interest payments under tax laws.
Equity Building: Regular EMI payments increase your equity in the property, which can be advantageous for future financial needs.
Affordable Financing: Competitive interest rates and flexible repayment terms make home loans a viable financing option for many borrowers.

Cons of a Home Loan

Long-Term Commitment: Home loans are typically long-term, requiring careful long-term financial planning.
Interest Costs: You may end up paying a significant amount in interest over the life of the loan.
Additional Costs: Be mindful of additional costs such as processing fees, insurance, and property taxes, which can increase your total expenditure.
Default Risk: Failure to make payments could lead to foreclosure, where the lender may seize the property.

How to Use the Home Loan EMI Calculator

Follow these steps to use our Home Loan EMI Calculator effectively:

Principal Amount: Enter the total loan amount you plan to borrow for your home. This is the principal amount upon which interest will be calculated.
Annual Interest Rate: Input the annual interest rate offered by your lender. Ensure this rate is annual and not monthly.
Loan Tenure: Specify the number of years over which you plan to repay the loan. The tenure affects the EMI amount; longer tenures usually result in lower EMIs but higher total interest.
Calculate EMI: Click the 'Calculate' button to view your EMI amount. This helps you understand how much you need to budget for monthly payments.
Review Results: Check the EMI amount, total interest payable, and total repayment amount. Make sure these figures fit within your financial plans and adjust as needed.

Understanding Your EMI

Your EMI consists of two parts: the principal repayment and the interest component. In the initial years, a larger portion of your EMI goes towards paying off the interest, while a smaller portion goes towards the principal. Over time, as the principal reduces, the interest component decreases, and more of your EMI goes towards repaying the principal.

Additional Tips for Managing Your Home Loan

Prepayment: If possible, make prepayments to reduce the principal amount and save on interest costs.
EMI Rescheduling: If your financial situation changes, discuss options for rescheduling your EMI with your lender.
Budgeting: Ensure that the EMI fits comfortably within your monthly budget, taking into account other expenses and financial goals.
Review Loan Terms: Periodically review your loan terms and rates to ensure you’re getting the best deal available.

Common Fees and Charges

Be aware of additional fees associated with home loans, such as processing fees, documentation charges, and insurance. These costs can impact your overall loan expense and should be factored into your financial planning.

Loan Approval Criteria

Lenders typically consider factors such as your credit score, income, existing debt, and employment stability when approving a home loan. Ensure you meet these criteria to increase your chances of approval.

Use this calculator to make informed decisions about your home loan and ensure it aligns with your financial planning. For any queries or assistance, feel free to reach out to our support team.