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© 2026 ToolsToIndia. All calculations are estimates — verify with an official source before relying on them.

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  1. Home
  2. Finance
  3. Home Loan Calculator
Finance

Home Loan Calculator

Estimate EMI and eligibility for a home loan.

Enter your values below — results update instantly as you type.

Monthly EMI
₹43,391
Total interest
₹54,13,879
Total payment
₹1,04,13,879
Interest as % of total payment
52.0%
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Formula used

EMI = P × r × (1+r)^n / ((1+r)^n − 1), where P = loan amount, r = monthly rate, n = tenure in months.

How to use this home loan calculator

  1. Enter your values in the fields above — results update instantly as you type.
  2. Adjust any figure to see how it changes the outcome.
  3. Use Share, Copy, or Print to save your result for later.

Tips

  • Even 1 extra EMI per year can reduce a 20-year loan by 3-4 years.
  • Check if your lender offers a step-up EMI option — it increases EMI annually with your salary.

Frequently asked questions

Most home loans run 15-30 years. Longer tenure means lower EMI but significantly higher total interest paid.

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