Home Loan EMI Calculator
Calculate your monthly home-loan EMI, total interest and total payment from the loan amount, interest rate and tenure.
Monthly EMI
₹43,391
Total interest
₹54,13,879
Total payment
₹1,04,13,879
Frequently asked questions
How is home loan EMI calculated?
EMI = P × r × (1+r)^n / ((1+r)^n − 1), where P is the loan amount, r is the monthly interest rate (annual rate ÷ 12 ÷ 100) and n is the number of monthly instalments.
Does a longer tenure reduce my EMI?
Yes — a longer tenure lowers the monthly EMI but increases the total interest you pay over the life of the loan.
