Work out your monthly instalment, total interest, and total repayment before you commit to a home loan.
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EMI is calculated using the standard reducing-balance loan formula:
Where P is the loan principal, r is the monthly interest rate (annual rate ÷ 12 ÷ 100), and n is the number of monthly instalments. Early in the loan, most of each EMI goes toward interest; later instalments pay down more principal — this calculator shows the lifetime totals rather than a month-by-month schedule.
Actual EMI may vary slightly by lender depending on processing fees, rate resets (for floating-rate loans), and rounding conventions. This is an educational estimate, not a loan offer — please read our full disclaimer.