Home Loan Calculator

🏠 Loan Details
₹1L ₹1Cr
0.1% 20%
1 year 30 years
💡 Home Loan Basics
Home loans are long-term loans typically used to purchase property. The EMI calculation uses standard amortization, ensuring you pay principal and interest equally over the loan period. Lower interest rates and longer tenure result in lower monthly payments but higher total interest.
Your EMI Breakdown
Monthly EMI
₹35,845
Per month payment
Total Interest
₹36,28,800
Interest over loan period
Total Amount Payable
₹86,28,800
Principal + Interest
📊 Loan Summary
Principal Amount ₹50,00,000
Total Interest Paid ₹36,28,800
Monthly Payment ₹35,845
Total Duration 240 months (20 years)
⚠️ Key Insights
• Interest comprises 42.1% of your total payment
• You’ll pay approximately ₹15,120 in interest per month
• Increasing tenure reduces EMI but increases total interest paid