Home Loan EMI Calculator

Calculate your home loan EMI and total interest payable.

Principal loan amount.
Annual interest rate.
%
Loan duration.
Yr

Tax Benefits

Claim up to ₹2L deduction on interest (Sec 24b) and ₹1.5L on principal (Sec 80C).

Monthly EMI

₹ 0

For 20 years at 8.5% interest

Principal

50 L

Interest

0

Total Payment

0

Documentation

EMI Formula

EMI = P × r × (1 + r)^n / ((1 + r)^n - 1)

P = Principal, r = Monthly interest rate, n = Total months.