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Home Loan Calculator

Calculate your home loan EMI and repayment details

๐Ÿ‡ฎ๐Ÿ‡ณ Indian Rupee (โ‚น)
Loan Amount
โ‚น
Interest Rate 8.5%
% p.a.
Tenure 20 Yrs
Years
Monthly EMI
-
-
Principal
-
Total Interest
-
Total Payment
Principal
Interest

Home Loan Tips

A home loan is usually the biggest financial commitment in your life. Understanding the math behind it helps you make better decisions and save lakhs in interest.

Tip: Even small prepayments can reduce your loan tenure by years. A โ‚น1 lakh prepayment on a โ‚น30L loan at 8.5% for 20 years can save over โ‚น3 lakhs in interest.

What is the maximum home loan tenure?
Most banks offer home loans for up to 30 years. The longer the tenure, the lower the EMI but higher total interest paid.
What documents are needed for home loan?
Identity proof, address proof, income proof (salary slips/ITR), property documents, bank statements of last 6 months.