Home Loan EMI Calculator


Month Payment Date Principal Interest EMI Balance

Home Loan EMI Calculator User Guide

This tool is designed to help you estimate your home loan Equated Monthly Installment (EMI), total interest payable, and monthly repayment schedule, you can use this tool to analyze home loan EMI, the principal and interest you are paying, and maybe even help you to optimize the loan for you. Follow this user guide to make the most out of the calculator.

Getting Started:

  1. Loan Amount (INR): Enter the total amount you plan to borrow for your home loan.
  2. Interest Rate (%): Input the annual interest rate for your home loan. Ensure the rate is in percentage format.
  3. Loan Tenure Type: Choose either "Years" or "Months" from the drop-down menu based on your preferred loan tenure unit.
  4. Loan Tenure: Enter the loan tenure in the chosen unit (years or months).
  5. Calculate Home Loan EMI: Click the "Calculate Home Loan EMI" button to generate the results.


After clicking the "Calculate" button, you'll get detailed information about your home loan:

  • Monthly EMI: This is the Equated Monthly Installment you'll need to pay. It includes both principal and interest.
  • Total Interest Payable: The total interest amount you'll pay over the entire loan tenure.
  • Total Payable Amount: The sum of the loan amount and total interest payable.

Monthly Repayment Schedule:

  • Repayment Schedule Table: Below the results, you'll find a detailed monthly repayment schedule. It includes columns for the month number, principal paid, interest paid, EMI, and remaining balance.
  • Combined Chart: A graphical representation of the principal paid, interest paid, and the remaining balance over the loan tenure.

Tips for Effective Use:

  • Adjust Loan Details: Feel free to experiment with different loan amounts, interest rates, and tenures to find a comfortable repayment plan.
  • Understanding the Results: Use the results to assess the affordability of your home loan and make informed financial decisions.
  • Graphical Representation: The combined chart provides a visual breakdown of your monthly payments, making it easier to understand the contribution of principal and interest over time.

This Home Loan EMI Calculator is a powerful tool to help you plan your home loan effectively. Use the insights gained to choose a loan structure that aligns with your financial goals.