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Home Loan EMI
Home loan EMI & amortisation schedule
₹30,00,000
₹10,000₹5,00,00,000
8.5%
1%30%
20 yrs
1 yrs30 yrs
Invested (48%)
Returns (52%)
What is Home Loan EMI?
A Home Loan EMI calculator helps you plan your home purchase by estimating the monthly instalment on your housing loan. Home loan rates in India typically range from 8–10% p.a. In 2025, SBI's home loan rate starts at 8.50%, HDFC at 8.70%, and ICICI at 8.75%. With the right planning, a home loan can be one of the most tax-efficient borrowings — you get deductions under Section 24(b) and Section 80C.
📐 Formula Used
EMI = P × r × (1+r)^n / ((1+r)^n – 1) For home loans, r = monthly rate, n = tenure in months (typically 240 for 20 years)
📖 How to Use
Enter your loan amount (typically 80% of property value), interest rate, and tenure. The calculator shows EMI, total interest, and a complete amortisation summary.