Home Loan EMI Calculator

Plan your future home with precision. Get instant breakdowns of your monthly payments and interest costs.

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₹1 Lakh ₹10 Crore
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Yrs
1 Year 30 Years

Loan Summary

Monthly EMI ₹0
Total Interest ₹0
Total Amount ₹0

Amortization Schedule

Year Opening Balance Interest Paid Principal Paid Closing Balance

Detailed Amortization

View the full year-by-year principal and interest breakdown to plan your repayment strategy.

Frequently Asked Questions

What is a Home Loan EMI?
EMI stands for Equated Monthly Installment. It is a fixed amount paid by a borrower to a lender at a specified date each month. EMIs are applied to both interest and principal each month so that over a specified number of years, the loan is paid off in full.
How is Home Loan EMI calculated?
The mathematical formula for calculating EMI is: $E = P \times r \times \frac{(1+r)^n}{(1+r)^n - 1}$, where $E$ is EMI, $P$ is Principal Loan Amount, $r$ is monthly interest rate, and $n$ is loan duration in months.