Home Loan Calculator

Prepayment during early tenure saves maximum interest.

Buying a home is the biggest financial decision most Indians make in their lifetime. Our home loan EMI calculator helps you understand exactly how much you will pay each month before you commit to a mortgage. Enter the property value, down payment percentage, loan interest rate, and tenure to instantly see your EMI, total interest outgo, and full repayment schedule.

With home loan interest rates between 8.35%–9.5% in 2026, the difference in lender rates can mean lakhs of rupees over a 20–30 year tenure. Our housing loan calculator India lets you compare different rate scenarios instantly. It also shows the year-wise amortization — how much of your EMI is principal versus interest each year — which is crucial for planning prepayments.

A smart home buyer always calculates: (1) Can I afford the EMI? (keep EMI below 40% of monthly income), (2) What is the total cost of the loan?, (3) When should I prepay to save maximum interest? This free tool answers all three questions in seconds.