Home Loan EMI Calculator — Plan Your Dream Home
Before buying a home, you must know your monthly EMI. Here is a complete guide with calculations for different loan amounts.
EMI Formula
EMI = P × r × (1+r)^n / [(1+r)^n - 1], where P = principal, r = monthly interest rate, n = total months.
EMI Table at 8.5% Interest
| Loan Amount | 10 Years | 15 Years | 20 Years | 25 Years |
|---|---|---|---|---|
| ₹20 Lakh | ₹24,788 | ₹19,692 | ₹17,356 | ₹16,055 |
| ₹30 Lakh | ₹37,182 | ₹29,538 | ₹26,034 | ₹24,082 |
| ₹50 Lakh | ₹61,970 | ₹49,230 | ₹43,391 | ₹40,137 |
| ₹75 Lakh | ₹92,955 | ₹73,845 | ₹65,086 | ₹60,206 |
Tips to Reduce Your EMI
Make a larger down payment (20-30%), choose longer tenure for lower EMI, compare rates across 5-6 banks, and consider home loan balance transfer if rates drop.
Use our EMI calculator for exact calculations.