Home Loan EMI Calculator
Inputs
Loan details
Calculations update automaticallyPrepayments and part-payments
Explore how extra payments may reduce your tenure and interest
Estimated interest savings
Estimated reduction in loan tenure
Monthly home loan EMI
Total payment breakdown
Principal + interest + fees🏛️ Illustrative tax deductions (first 12 EMIs)
Old tax regimeIllustrative first-12-EMI deductions: ₹ 3,50,000. At an assumed 30% tax rate plus 4% cess, the illustrative saving is ₹ 1,09,200.
These figures use the first 12 installments, not a financial year, and exclude prepaid principal. They assume an eligible self-occupied home and available deduction limits; Section 80C is shared with other eligible investments. Actual eligibility, tax regime, income, existing deductions and property status affect the benefit. Consult a tax professional.
Repayment schedule and outstanding balance
Annual principal, interest, prepayments and outstanding balance
Detailed repayment schedule
Select a year to see monthly payments and balances
| Period (year / month) | Opening balance | Principal (A) | Interest (B) | Prepayment (C) | Total payment (A+B+C) | Closing balance | Principal repaid |
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- EMI is calculated using a monthly reducing balance and a constant interest rate.
- Part-payments reduce outstanding principal and shorten the loan term while the scheduled EMI stays unchanged. The model excludes prepayment charges.
- Actual floating rates, fees, repayment dates and lender terms can change the outcome.