Calculate Your Home Loan
Calculate home loan EMI, total interest, and payment schedule
Loan Details
Adjust the sliders to calculate
Payment Breakdown
Yearly Payment Breakdown
About Home Loan Calculator
A home loan calculator helps you estimate your monthly EMI, total interest payable, and plan your home purchase effectively. It uses the standard EMI formula to calculate your repayment schedule.
Key Benefits
- Plan your home purchase budget effectively
- Compare different loan options and interest rates
- Understand the total cost of your home loan
- Plan your finances for the loan tenure
Frequently Asked Questions
Home loan eligibility depends on your income, age, existing loans, credit score, and property value. Generally, banks offer up to 80-90% of the property value or 60 times your monthly income.
Most banks offer home loans with a maximum tenure of 30 years, depending on your age and retirement age. Longer tenure reduces EMI but increases total interest paid.
Home loan interest rates vary by bank and can be fixed or floating. Current rates typically range from 8.5% to 10% per annum in India, depending on various factors.