EMICalc

Home Loan EMI Calculator

Free EMI calculator for home loan in India. Compute monthly EMI, total interest payable and a full amortization schedule for housing loans with current 2026 rates.

Typical Rate
8.5% – 11%
p.a. floating
Max Tenure
30 years
salaried borrowers
Max LTV
Up to 90%
of property value
Processing Fee
0.5% – 1%
of loan amount

Home Loan Details

₹50.00 L
8.8% p.a.
20 yrs
Monthly EMI
₹44,186
for 240 months · 20 years tenure
Principal
₹50.00 L
47.1%
Total Interest
₹56.05 L
52.9%
Total Payment
₹1.06 Cr
Over full tenure
Avg Interest/Month
₹23.4 K
Across tenure

Principal vs Interest

Distribution of your total payment

Principal Interest

Yearly Breakdown

Principal and interest paid each year (first 15)

Amortization Schedule

Total Principal
₹50,00,000
Total Interest
₹56,04,527
Total Amount Paid
₹1,06,04,530
MonthOpening BalanceEMIPrincipalInterestClosing Balance
1₹50,00,000₹44,186₹7,727₹36,458₹49,92,273
2₹49,92,273₹44,186₹7,784₹36,402₹49,84,489
3₹49,84,489₹44,186₹7,840₹36,345₹49,76,649
4₹49,76,649₹44,186₹7,897₹36,288₹49,68,751
5₹49,68,751₹44,186₹7,955₹36,230₹49,60,796
6₹49,60,796₹44,186₹8,013₹36,172₹49,52,783
7₹49,52,783₹44,186₹8,071₹36,114₹49,44,712
8₹49,44,712₹44,186₹8,130₹36,055₹49,36,581
9₹49,36,581₹44,186₹8,190₹35,996₹49,28,392
10₹49,28,392₹44,186₹8,249₹35,936₹49,20,143
11₹49,20,143₹44,186₹8,310₹35,876₹49,11,833
12₹49,11,833₹44,186₹8,370₹35,815₹49,03,463

Frequently Asked Questions

In early 2026, home loan rates in India range from 8.40% to 9.65% for prime salaried borrowers. Public sector banks like SBI offer the lowest floor rates; private banks like HDFC and ICICI charge a small premium for faster service.