Home Loan Calculator
Monthly EMI:
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Total Interest Payable:
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Total Payment (Principal + Interest):
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Payment Breakdown
Principal Amount:
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Total Interest:
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Interest to Principal Ratio:
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Payment Composition
Principal Amount
Interest Amount
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100%
Year-wise Breakdown
💡 About Home Loan EMI
EMI (Equated Monthly Installment) is the fixed payment amount made by a borrower to a lender at a specified date each calendar month.
Formula: EMI = [P × r × (1+r)^n] / [(1+r)^n – 1]
Where: P = Principal, r = Monthly interest rate, n = Loan tenure in months
Note: This calculator provides an estimate. Actual EMI may vary based on the lender’s terms and conditions, processing fees, and other charges.