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Home Loan EMI Calculator

Calculators100% freePrivate

The short answer

A home loan of 40 lakh at 8.5 percent for 20 years has an EMI of about ₹34,713. Over 20 years the interest comes to ₹43,31,103, which is more than the loan itself at ₹83,31,103 in total. The rate and years are examples, so enter your own.

Period in

For education loans: the study period plus any grace period before payments start. Interest in this time is added to the loan.

Monthly EMI

₹34,713

Loan amount

₹40,00,000

Total interest

₹43,31,103

Total payment

₹83,31,103

Loan 48% Interest 52%
Month-by-month schedule (240 payments)
Repayment schedule
MonthInterestPrincipalBalance
1₹28,333₹6,380₹39,93,620
2₹28,288₹6,425₹39,87,196
3₹28,243₹6,470₹39,80,725
4₹28,197₹6,516₹39,74,209
5₹28,151₹6,562₹39,67,647
6₹28,104₹6,609₹39,61,038
7₹28,057₹6,656₹39,54,383
8₹28,010₹6,703₹39,47,680
9₹27,963₹6,750₹39,40,930
10₹27,915₹6,798₹39,34,132
11₹27,867₹6,846₹39,27,285
12₹27,818₹6,895₹39,20,391
13₹27,769₹6,943₹39,13,447
14₹27,720₹6,993₹39,06,455
15₹27,671₹7,042₹38,99,412
16₹27,621₹7,092₹38,92,320
17₹27,571₹7,142₹38,85,178
18₹27,520₹7,193₹38,77,985
19₹27,469₹7,244₹38,70,741
20₹27,418₹7,295₹38,63,446
21₹27,366₹7,347₹38,56,099
22₹27,314₹7,399₹38,48,700
23₹27,262₹7,451₹38,41,249
24₹27,209₹7,504₹38,33,745
25₹27,156₹7,557₹38,26,188
26₹27,102₹7,611₹38,18,577
27₹27,048₹7,665₹38,10,912
28₹26,994₹7,719₹38,03,193
29₹26,939₹7,774₹37,95,420
30₹26,884₹7,829₹37,87,591
31₹26,829₹7,884₹37,79,707
32₹26,773₹7,940₹37,71,767
33₹26,717₹7,996₹37,63,771
34₹26,660₹8,053₹37,55,718
35₹26,603₹8,110₹37,47,608
36₹26,546₹8,167₹37,39,440
37₹26,488₹8,225₹37,31,215
38₹26,429₹8,283₹37,22,932
39₹26,371₹8,342₹37,14,589
40₹26,312₹8,401₹37,06,188
41₹26,252₹8,461₹36,97,727
42₹26,192₹8,521₹36,89,207
43₹26,132₹8,581₹36,80,626
44₹26,071₹8,642₹36,71,984
45₹26,010₹8,703₹36,63,281
46₹25,948₹8,765₹36,54,516
47₹25,886₹8,827₹36,45,689
48₹25,824₹8,889₹36,36,800
49₹25,761₹8,952₹36,27,848
50₹25,697₹9,016₹36,18,832
51₹25,633₹9,080₹36,09,753
52₹25,569₹9,144₹36,00,609
53₹25,504₹9,209₹35,91,400
54₹25,439₹9,274₹35,82,126
55₹25,373₹9,340₹35,72,787
56₹25,307₹9,406₹35,63,381
57₹25,241₹9,472₹35,53,909
58₹25,174₹9,539₹35,44,369
59₹25,106₹9,607₹35,34,762
60₹25,038₹9,675₹35,25,087
61₹24,969₹9,744₹35,15,344
62₹24,900₹9,813₹35,05,531
63₹24,831₹9,882₹34,95,649
64₹24,761₹9,952₹34,85,697
65₹24,690₹10,023₹34,75,674
66₹24,619₹10,094₹34,65,581
67₹24,548₹10,165₹34,55,416
68₹24,476₹10,237₹34,45,179
69₹24,403₹10,310₹34,34,869
70₹24,330₹10,383₹34,24,487
71₹24,257₹10,456₹34,14,030
72₹24,183₹10,530₹34,03,500
73₹24,108₹10,605₹33,92,895
74₹24,033₹10,680₹33,82,215
75₹23,957₹10,756₹33,71,460
76₹23,881₹10,832₹33,60,628
77₹23,804₹10,908₹33,49,720
78₹23,727₹10,986₹33,38,734
79₹23,649₹11,064₹33,27,670
80₹23,571₹11,142₹33,16,528
81₹23,492₹11,221₹33,05,308
82₹23,413₹11,300₹32,94,007
83₹23,333₹11,380₹32,82,627
84₹23,252₹11,461₹32,71,166
85₹23,171₹11,542₹32,59,624
86₹23,089₹11,624₹32,48,000
87₹23,007₹11,706₹32,36,294
88₹22,924₹11,789₹32,24,504
89₹22,840₹11,873₹32,12,632
90₹22,756₹11,957₹32,00,675
91₹22,671₹12,041₹31,88,633
92₹22,586₹12,127₹31,76,507
93₹22,500₹12,213₹31,64,294
94₹22,414₹12,299₹31,51,995
95₹22,327₹12,386₹31,39,608
96₹22,239₹12,474₹31,27,134
97₹22,151₹12,562₹31,14,572
98₹22,062₹12,651₹31,01,921
99₹21,972₹12,741₹30,89,180
100₹21,882₹12,831₹30,76,348
101₹21,791₹12,922₹30,63,426
102₹21,699₹13,014₹30,50,413
103₹21,607₹13,106₹30,37,307
104₹21,514₹13,199₹30,24,108
105₹21,421₹13,292₹30,10,816
106₹21,327₹13,386₹29,97,430
107₹21,232₹13,481₹29,83,948
108₹21,136₹13,577₹29,70,372
109₹21,040₹13,673₹29,56,699
110₹20,943₹13,770₹29,42,929
111₹20,846₹13,867₹29,29,062
112₹20,748₹13,965₹29,15,097
113₹20,649₹14,064₹29,01,032
114₹20,549₹14,164₹28,86,869
115₹20,449₹14,264₹28,72,604
116₹20,348₹14,365₹28,58,239
117₹20,246₹14,467₹28,43,772
118₹20,143₹14,570₹28,29,202
119₹20,040₹14,673₹28,14,530
120₹19,936₹14,777₹27,99,753
121₹19,832₹14,881₹27,84,872
122₹19,726₹14,987₹27,69,885
123₹19,620₹15,093₹27,54,792
124₹19,513₹15,200₹27,39,592
125₹19,405₹15,307₹27,24,285
126₹19,297₹15,416₹27,08,869
127₹19,188₹15,525₹26,93,344
128₹19,078₹15,635₹26,77,708
129₹18,967₹15,746₹26,61,963
130₹18,856₹15,857₹26,46,105
131₹18,743₹15,970₹26,30,136
132₹18,630₹16,083₹26,14,053
133₹18,516₹16,197₹25,97,856
134₹18,401₹16,311₹25,81,545
135₹18,286₹16,427₹25,65,118
136₹18,170₹16,543₹25,48,574
137₹18,052₹16,661₹25,31,914
138₹17,934₹16,779₹25,15,135
139₹17,816₹16,897₹24,98,238
140₹17,696₹17,017₹24,81,221
141₹17,575₹17,138₹24,64,083
142₹17,454₹17,259₹24,46,824
143₹17,332₹17,381₹24,29,443
144₹17,209₹17,504₹24,11,939
145₹17,085₹17,628₹23,94,310
146₹16,960₹17,753₹23,76,557
147₹16,834₹17,879₹23,58,678
148₹16,707₹18,006₹23,40,672
149₹16,580₹18,133₹23,22,539
150₹16,451₹18,262₹23,04,278
151₹16,322₹18,391₹22,85,887
152₹16,192₹18,521₹22,67,365
153₹16,061₹18,652₹22,48,713
154₹15,928₹18,785₹22,29,928
155₹15,795₹18,918₹22,11,011
156₹15,661₹19,052₹21,91,959
157₹15,526₹19,187₹21,72,773
158₹15,390₹19,322₹21,53,450
159₹15,254₹19,459₹21,33,991
160₹15,116₹19,597₹21,14,394
161₹14,977₹19,736₹20,94,658
162₹14,837₹19,876₹20,74,782
163₹14,696₹20,017₹20,54,765
164₹14,555₹20,158₹20,34,607
165₹14,412₹20,301₹20,14,306
166₹14,268₹20,445₹19,93,861
167₹14,123₹20,590₹19,73,271
168₹13,977₹20,736₹19,52,536
169₹13,830₹20,882₹19,31,653
170₹13,683₹21,030₹19,10,623
171₹13,534₹21,179₹18,89,443
172₹13,384₹21,329₹18,68,114
173₹13,232₹21,480₹18,46,634
174₹13,080₹21,633₹18,25,001
175₹12,927₹21,786₹18,03,215
176₹12,773₹21,940₹17,81,275
177₹12,617₹22,096₹17,59,179
178₹12,461₹22,252₹17,36,927
179₹12,303₹22,410₹17,14,518
180₹12,145₹22,568₹16,91,949
181₹11,985₹22,728₹16,69,221
182₹11,824₹22,889₹16,46,332
183₹11,662₹23,051₹16,23,280
184₹11,498₹23,215₹16,00,066
185₹11,334₹23,379₹15,76,686
186₹11,168₹23,545₹15,53,142
187₹11,001₹23,712₹15,29,430
188₹10,833₹23,879₹15,05,551
189₹10,664₹24,049₹14,81,502
190₹10,494₹24,219₹14,57,283
191₹10,322₹24,391₹14,32,893
192₹10,150₹24,563₹14,08,329
193₹9,976₹24,737₹13,83,592
194₹9,800₹24,912₹13,58,680
195₹9,624₹25,089₹13,33,591
196₹9,446₹25,267₹13,08,324
197₹9,267₹25,446₹12,82,878
198₹9,087₹25,626₹12,57,252
199₹8,906₹25,807₹12,31,445
200₹8,723₹25,990₹12,05,455
201₹8,539₹26,174₹11,79,281
202₹8,353₹26,360₹11,52,921
203₹8,167₹26,546₹11,26,375
204₹7,978₹26,734₹10,99,640
205₹7,789₹26,924₹10,72,716
206₹7,598₹27,115₹10,45,602
207₹7,406₹27,307₹10,18,295
208₹7,213₹27,500₹9,90,795
209₹7,018₹27,695₹9,63,100
210₹6,822₹27,891₹9,35,209
211₹6,624₹28,089₹9,07,121
212₹6,425₹28,287₹8,78,833
213₹6,225₹28,488₹8,50,346
214₹6,023₹28,690₹8,21,656
215₹5,820₹28,893₹7,92,763
216₹5,615₹29,098₹7,63,665
217₹5,409₹29,304₹7,34,362
218₹5,202₹29,511₹7,04,851
219₹4,993₹29,720₹6,75,130
220₹4,782₹29,931₹6,45,200
221₹4,570₹30,143₹6,15,057
222₹4,357₹30,356₹5,84,701
223₹4,142₹30,571₹5,54,129
224₹3,925₹30,788₹5,23,341
225₹3,707₹31,006₹4,92,336
226₹3,487₹31,226₹4,61,110
227₹3,266₹31,447₹4,29,663
228₹3,043₹31,669₹3,97,994
229₹2,819₹31,894₹3,66,100
230₹2,593₹32,120₹3,33,980
231₹2,366₹32,347₹3,01,633
232₹2,137₹32,576₹2,69,057
233₹1,906₹32,807₹2,36,250
234₹1,673₹33,039₹2,03,210
235₹1,439₹33,274₹1,69,937
236₹1,204₹33,509₹1,36,427
237₹966₹33,747₹1,02,681
238₹727₹33,986₹68,695
239₹487₹34,226₹34,469
240₹244₹34,469₹0

Everything runs in your browser. What you type is not sent anywhere.

How to: Home Loan EMI Calculator

  1. 1Type the loan amount.
  2. 2Type the yearly interest rate.
  3. 3Set the period in years, up to 40.
  4. 4Open the schedule to see how little of early EMIs reduces the loan.

At a glance

Example
40 lakh at 8.5% for 20 years
EMI
₹34,713 a month
Total interest
₹43,31,103

Frequently asked questions

Why is the interest so high on a long loan?

The interest is charged each month on what is still owed, and on a long loan the balance stays high for many years. Paying extra early makes a large difference.

Does a floating rate change the EMI?

Yes, banks change either the EMI or the number of years when the rate changes. This tool uses one fixed rate for the whole period.

More quick answers

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