Loans & debt
Home Loan Calculator
EMI, total interest and the effect of prepaying.
Your figures
Monthly EMI
₹43,391
- Total interest
- ₹54,13,879
- Total repayment
- ₹1,04,13,879
- Interest as a share of repayment
- 51.99%
Home Loan Calculator — principal vs interest
- Principal₹50 L
- Interest₹54.14 L
Amortisation schedule
Monthly schedule. Early instalments are mostly interest — this is why prepayments made early save disproportionately more.
| Month | Payment | Interest | Principal | Balance |
|---|---|---|---|---|
| 1 | ₹43,391 | ₹35,417 | ₹7,974 | ₹49,92,026 |
| 2 | ₹43,391 | ₹35,360 | ₹8,031 | ₹49,83,995 |
| 3 | ₹43,391 | ₹35,303 | ₹8,088 | ₹49,75,907 |
| 4 | ₹43,391 | ₹35,246 | ₹8,145 | ₹49,67,762 |
| 5 | ₹43,391 | ₹35,188 | ₹8,203 | ₹49,59,559 |
| 6 | ₹43,391 | ₹35,130 | ₹8,261 | ₹49,51,298 |
| 7 | ₹43,391 | ₹35,072 | ₹8,319 | ₹49,42,978 |
| 8 | ₹43,391 | ₹35,013 | ₹8,378 | ₹49,34,600 |
| 9 | ₹43,391 | ₹34,953 | ₹8,438 | ₹49,26,162 |
| 10 | ₹43,391 | ₹34,894 | ₹8,498 | ₹49,17,665 |
| 11 | ₹43,391 | ₹34,833 | ₹8,558 | ₹49,09,107 |
| 12 | ₹43,391 | ₹34,773 | ₹8,618 | ₹49,00,489 |
How this is calculated
EMI = P × i × (1 + i)^n ÷ ((1 + i)^n − 1), where i = annual rate ÷ 12 and n = tenure in months.
- Monthly rate used
- 0.7083%
- Instalments
- 240
Over a twenty-year home loan, total interest often approaches the amount borrowed. The prepayment field shows what even a modest monthly addition does to that figure.
Assumptions used
- A fixed interest rate is assumed for the whole tenure. On a floating-rate loan the EMI or the tenure will change when the rate resets.
- Processing fees, insurance bundled with the loan and statutory charges are excluded.
Any figure you enter overrides the assumption above for your calculation.
Educational calculation, not personal advice
This calculator is provided for education and illustration. It applies the assumptions shown to the figures you entered; it does not take account of your circumstances, goals, tax position or risk tolerance, and it is not a personal recommendation. Projections are not forecasts, and no return is guaranteed. Investment values can fall as well as rise. Speak to a qualified adviser before acting on anything here.
Want this checked against your actual position?
A calculator works with the numbers you give it. A planner works with the ones you have — including the tax, protection and liquidity questions this tool does not ask.
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