Home Loan EMI Calculator
Estimate your monthly home loan EMI instantly. Adjust the loan amount, interest rate and tenure to see your EMI, total interest and total amount payable.
₹1.0 L₹5.00 Cr
%
5%15%
yr
1 yr30 yr
Monthly EMI
₹43,391
PrincipalInterest
Principal amount₹50,00,000
Total interest₹54,13,879
Total amount payable₹1,04,13,879
Indicative only. Actual EMI depends on your lender's rate, processing fees and terms. Do your own due diligence before borrowing.
How is EMI calculated?
EMI (Equated Monthly Instalment) is the fixed amount you pay your lender every month — part interest, part principal — until the loan is repaid. It is calculated using the loan amount, the monthly interest rate, and the number of monthly instalments (tenure in months).
EMI = P × r × (1 + r)n ÷ ((1 + r)n − 1)
Where P = loan amount, r = monthly interest rate (annual rate ÷ 12 ÷ 100), and n = tenure in months. A longer tenure lowers the EMI but increases total interest paid.