How to use it
- Set your loan amount, interest rate, and tenure.
- Review the EMI, total interest, and total repayment.
- Switch between yearly and monthly amortization views.
- Test a prepayment amount to estimate time and interest savings.
Home Loan Calculator
Home Loan EMI Calculator
Estimate EMI, repayment split, and prepayment impact quickly.
- Instant EMI estimate
- Amortization view
- Prepayment simulator
Loan Repayment Summary
Monthly EMI:Rs 47,783
Total Interest:Rs 36,00,869
Total Payment:Rs 86,00,869
Track how each payment splits between principal and interest over the life of your home loan.
| Year | Principal Paid (Rs) | Interest Paid (Rs) | Balance (Rs) |
|---|---|---|---|
| Year 1 | 1,79,897 | 3,93,499 | 48,20,103 |
| Year 2 | 1,94,829 | 3,78,567 | 46,25,274 |
| Year 3 | 2,10,999 | 3,62,397 | 44,14,275 |
| Year 4 | 2,28,512 | 3,44,884 | 41,85,763 |
| Year 5 | 2,47,479 | 3,25,917 | 39,38,284 |
| Year 6 | 2,68,019 | 3,05,377 | 36,70,265 |
| Year 7 | 2,90,265 | 2,83,131 | 33,80,000 |
| Year 8 | 3,14,356 | 2,59,040 | 30,65,644 |
| Year 9 | 3,40,448 | 2,32,948 | 27,25,196 |
| Year 10 | 3,68,705 | 2,04,691 | 23,56,491 |
| Year 11 | 3,99,307 | 1,74,089 | 19,57,184 |
| Year 12 | 4,32,450 | 1,40,946 | 15,24,734 |
| Year 13 | 4,68,343 | 1,05,053 | 10,56,391 |
| Year 14 | 5,07,215 | 66,181 | 5,49,176 |
| Year 15 | 5,49,313 | 24,083 | 0 |
See how a lump sum prepayment could shorten your loan and reduce your interest cost.
1
Calculation is based on prepayment at the end of year 1.
0 Years
Remaining tenure
0 Years
New total tenure
0 Months
Months saved
Why it helps
- Compare affordability before applying for a home loan.
- Understand how tenure changes total borrowing cost.
- See whether prepayment could save meaningful interest.
- Share or export a summary for planning discussions.
A home loan EMI calculator helps you understand affordability before you commit. It shows how loan amount, rate, and tenure affect monthly cash flow as well as the total interest you may pay over time.
Looking beyond the EMI is important. A longer tenure may reduce monthly pressure, but it can increase the total borrowing cost significantly. That is why repayment breakdowns and prepayment simulations matter.
This tool is designed for quick scenario planning, so you can compare options with more confidence before speaking to a lender.
Home loan calculator for EMI, amortization, and prepayment planning
This calculator combines monthly EMI estimates, a full amortization schedule, and a prepayment simulator in one workflow. That makes it easier to understand not just what you will pay every month, but also how your repayment evolves over the years.
What you can do here
- Estimate EMI from loan amount, interest rate, and tenure.
- Review principal and interest split over time.
- Switch between yearly and monthly amortization views.
- Model prepayment impact on tenure and interest.
- Share or export results for easier decision-making.
Why amortization matters
In the early years of a home loan, a larger share of each EMI often goes toward interest. Understanding that pattern helps you judge whether a shorter tenure or early prepayment may be worth considering.
How prepayment may help
A one-time prepayment reduces outstanding principal, which can lower future interest and shorten loan duration. The effect is usually stronger when the prepayment happens earlier in the tenure.
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Frequently asked questions
Does a longer tenure always help?
It can reduce monthly EMI, but it usually increases total interest paid. The right choice depends on both affordability and long-term cost.
Can prepayment reduce EMI or tenure?
Depending on lender terms, prepayment may reduce the remaining tenure or the EMI burden. This simulator is focused on helping you understand the impact on tenure and interest.
Are these results exact lender quotes?
No. The outputs are planning estimates based on the inputs you provide and standard formulas. Always verify the final terms with your lender.
Disclaimer
This home loan calculator is for planning and education only. Actual lender offers, processing fees, repayment rules, and interest revisions may differ.