Work out your monthly payment on any home loan. Enter the property price, your down payment, your bank's interest rate and the loan period — the numbers update as you type.
You pay ₹108 in interest for every ₹100 borrowed
Use the left and right arrow keys to move between years. Press Home or End to jump to the first or last year.
Principal and interest, stacked by year
From year 13 you repay more principal than interest.
| Year | Interest | Principal | Balance Left |
|---|---|---|---|
| 1 | ₹ 5.4 L | ₹ 1.3 L | ₹ 62.7 L |
| 2 | ₹ 5.3 L | ₹ 1.4 L | ₹ 61.3 L |
| 3 | ₹ 5.2 L | ₹ 1.5 L | ₹ 59.8 L |
| 4 | ₹ 5 L | ₹ 1.6 L | ₹ 58.2 L |
| 5 | ₹ 4.9 L | ₹ 1.8 L | ₹ 56.4 L |
| 6 | ₹ 4.7 L | ₹ 1.9 L | ₹ 54.5 L |
| 7 | ₹ 4.5 L | ₹ 2.1 L | ₹ 52.3 L |
| 8 | ₹ 4.4 L | ₹ 2.3 L | ₹ 50 L |
| 9 | ₹ 4.2 L | ₹ 2.5 L | ₹ 47.5 L |
| 10 | ₹ 3.9 L | ₹ 2.7 L | ₹ 44.8 L |
| 11 | ₹ 3.7 L | ₹ 3 L | ₹ 41.8 L |
| 12 | ₹ 3.4 L | ₹ 3.2 L | ₹ 38.6 L |
| 13 | ₹ 3.1 L | ₹ 3.5 L | ₹ 35.1 L |
| 14 | ₹ 2.8 L | ₹ 3.8 L | ₹ 31.2 L |
| 15 | ₹ 2.5 L | ₹ 4.2 L | ₹ 27.1 L |
| 16 | ₹ 2.1 L | ₹ 4.5 L | ₹ 22.5 L |
| 17 | ₹ 1.7 L | ₹ 4.9 L | ₹ 17.6 L |
| 18 | ₹ 1.3 L | ₹ 5.4 L | ₹ 12.2 L |
| 19 | ₹ 81,414 | ₹ 5.9 L | ₹ 6.4 L |
| 20 | ₹ 29,698 | ₹ 6.4 L | ₹ 0 |
An EMI (equated monthly instalment) is the fixed amount you pay your lender every month until a loan is fully repaid. Each instalment is part interest, part principal — early payments are mostly interest, later ones mostly principal.
Use the rate your bank has actually quoted you. Home loan rates vary by lender, loan amount and your credit profile, so a single default rate would be wrong for most buyers.
This calculator lets you try any down payment amount. Lenders also apply their own minimum, which varies by property price and lender policy — confirm the exact figure with your bank.