India Home Loan Calculator
Estimate your monthly EMI (equated monthly installment) and total interest on a home loan.
Monthly EMI
₹34,712.93
- Loan amount
- ₹40,00,000
- Down payment
- ₹10,00,000
- Total interest
- ₹43,31,103
Assumptions
- Fixed interest rate for the full loan term
- Does not include processing fees or stamp duty
How it's calculated
EMI = P * r / (1 - (1 + r)^-n), where P is the loan amount, r is the monthly interest rate, and n is the number of monthly installments.
Worked example
A ₹50,00,000 property with a 20% down payment (₹10,00,000) leaves a ₹40,00,000 loan. At 8.5% over 20 years, the EMI is shown live above.
Frequently asked questions
Does this include processing fees?
No — lender processing fees and stamp duty are separate one-off costs not included here.