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Home Loan EMI Calculator

Loan Amount
₹ 10 Lac
₹ 10 Cr
Tenure (Years)
1 Y
35 Y
Interest Rate (% P.A.)
%
0.05 %
30 %

Principle Loan Amount

Total Interest

Monthly Home Loan EMI
1,000

Principal Amount
10,00,000

Interest Amount
20,00,000

Total Amount Payable
1

Home Loan EMI Calculator !

Loan Amount
₹ 10 Lac
₹ 10 Cr
Tenure (Years)
1 Y
35 Y
Interest Rate (% P.A.)
%
0.05%
30 %
Monthly Home Loan EMI
1,000
Principal Amount
10,00,000
Interest Amount
20,00,000
Total Amount Payable
1

Home Loan FAQs

Frequently Asked Questions

    A home loan is an amount borrowed by a home buyer from a bank or a financial institute. It is then repaid in EMIs (Equated Monthly Instalment) with some percent of annual interest on the borrowed amount.
      EMI (Equated Monthly Instalment) is a specific amount that needs to be paid monthly by the home loan borrower to the bank every month. It includes the principal amount and the interest.
        An EMI calculator is easy to use. In this calculator, you can select a particular home loan amount, tenure, and the applicable interest rate to know the EMI suitable for you. The tool helps with financial planning before you apply for a home loan.
          You can apply for a home loan by filling out the application form in the bank. After that, document and property verification are done, followed by the final home loan approval.