Online Home Loan EMI Calculator is tool used to calculate ✔ Monthly EMI ✔ EMI Per Lakh ✔ Lowest EMI ✔ Saving on EMIs.

Home loan emi calculator is simple and easy tool to use. Just you need to enter 3 main components to calculate your home loan EMIs- loan amount, tenure and interest rate. Home loan EMI calculator will give an approximate figure for the total monthly installment payments.

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Home Loan EMI Calculator

Use EMI Calculator to calculate emi’s for your home loan depends on loan amount, interest rate and tenure. EMI calculator for home loan provides an idea about monthly emi to repay home loan.

Loan Amount Interest Rates  EMI For 10 Years EMI For 20 Years EMI For 30 Years
5 lakh 8.85% Rs. 6,293 Rs. 4,451 Rs. 3,969
6 lakh 8.85% Rs. 7,552 Rs. 5,341 Rs. 4,763
7 lakh 8.85% Rs. 8,811 Rs. 6,231 Rs. 5,557
8 lakh 8.85% Rs. 10,069 Rs. 7,121 Rs. 6,351
9 lakh 8.85% Rs. 11,328 Rs. 8,011 Rs. 7,145
10 lakh 8.85% Rs. 12,587 Rs. 8,901 Rs. 7,939
11 lakh 8.85% Rs. 13,845 Rs. 9,791 Rs. 8,732
12 lakh 8.85% Rs. 15,104 Rs. 10,681 Rs. 9,526
13 lakh 8.85% Rs. 16,363 Rs. 11,571 Rs. 10,320
14 lakh 8.85% Rs. 17,621 Rs. 12,461 Rs. 11,114
15 lakh 8.85% Rs. 18,880 Rs. 13,352 Rs. 11,908
16 lakh 8.85% Rs. 20,138 Rs. 14,242 Rs. 12,702
17 lakh 8.85% Rs. 21,397 Rs. 15,132 Rs. 13,496
18 lakh 8.85% Rs. 22,656 Rs. 16,022 Rs. 14,289
19 lakh 8.85% Rs. 23,914 Rs. 16,912 Rs. 15,083
20 lakh 8.85% Rs. 25,173 Rs. 17,802 Rs. 15,877
21 lakh 8.85% Rs. 26,432 Rs. 18,692 Rs. 16,671
22 lakh 8.85% Rs. 27,690 Rs. 19,582 Rs. 17,465
23 lakh 8.85% Rs. 28,949 Rs. 20,472 Rs. 18,259
24 lakh 8.85% Rs. 30,208 Rs. 21,362 Rs. 19,052
25 lakh 8.85% Rs. 31,466 Rs. 22,253 Rs. 19,846
26 lakh 8.85% Rs. 32,725 Rs. 23,143 Rs. 20,640
27 lakh 8.85% Rs. 33,984 Rs. 24,033 Rs. 21,434
28 lakh 8.85% Rs. 35,242 Rs. 24,923 Rs. 22,228
29 lakh 8.85% Rs. 36,501 Rs. 25,813 Rs. 23,022
30 lakh 8.85% Rs. 37,760 Rs. 26,703 Rs. 23,816

Home Loan EMI Calculator Helps You In Saving Money

Loan Amount EMI @ 8.85% Tenure in Years Total Amount To Be Paid Total Interest Amount
2000000 Rs. 15,877 30 Rs. 57,15,745 Rs. 37,15,745
2000000 Rs. 16,579 25 Rs. 49,73,691 Rs. 29,73,691
2000000 Rs. 17,802 20 Rs. 42,72,487 Rs. 22,72,487
2000000 Rs. 20,107 15 Rs. 36,19,307 Rs. 16,19,307
2000000 Rs. 25,173 10 Rs. 30,20,770 Rs. 10,20,770
2000000 Rs. 41,371 5 Rs. 24,82,276 Rs. 4,82,276
You Can Save If you choose repayment of 25 years instead of 30 years then you can save approx. Rs. 7,42,054 by paying Rs. 702 approx. extra emi per month

What Is EMI

EMI stands for Equated Monthly Installment. EMI is a fixed amount made by a borrower to a lender at a specified date. Equated monthly installments are used to pay off both interest and principal to repay the loan amount.
Home Loan EMI Formula-
Equated Monthly Installment (EMI) = P x r x (1+r)^n/((1+r)^n -1)
P : Principal or loan amount.
r : Rate of interest per month.
n : Loan tenure in months.

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Home Loan EMI Calculator April 2019

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