Loans

Home Loan / Mortgage EMI Calculator

Calculate your monthly home loan EMI with full amortization schedule and payment breakdown.

📥 Input Parameters

5000000
10000050000000
1000000
010000000

Loan = Value − Down Payment

8.5
%
520

SBI 8.35% | HDFC 8.35% | ICICI 8.5%

20
yrs
130

📊 Results

Monthly EMI
Total Interest
Total Payment
Principal %
⚠️

Educational purposes only.

🥧 Payment Breakdown

📋 Yearly Amortization

YearEMI/yrPrincipalInterestBalance

📈 Chart

FAQs

How is EMI calculated?+

EMI = P × r × (1+r)^n / ((1+r)^n − 1). Each EMI has decreasing interest and increasing principal.

What tax benefits on home loan?+

Old regime: ₹1.5L under 80C (principal), ₹2L under 24b (interest). New regime: no home loan deductions.