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EMI calculator: home, car and personal loan EMI
A ₹50,00,000 home loan at 8.5% for 20 years costs ₹43,391 a month — ₹54,13,879 in total interest on top of the principal. Change the amount, rate and tenure; the table shows how much of each year's payments is interest.
Your numbers
Result
Monthly EMI
Principal
Total interest
Total payment
| Year | Principal | Interest | Balance |
|---|
Home loan EMI by amount (8.5%, 20 years)
| Loan amount | 10 yrs | 15 yrs | 20 yrs | 25 yrs | 30 yrs |
|---|---|---|---|---|---|
| ₹10 lakh | ₹12,399 | ₹9,847 | ₹8,678 | ₹8,052 | ₹7,689 |
| ₹15 lakh | ₹18,598 | ₹14,771 | ₹13,017 | ₹12,078 | ₹11,534 |
| ₹20 lakh | ₹24,797 | ₹19,695 | ₹17,356 | ₹16,105 | ₹15,378 |
| ₹25 lakh | ₹30,996 | ₹24,618 | ₹21,696 | ₹20,131 | ₹19,223 |
| ₹30 lakh | ₹37,196 | ₹29,542 | ₹26,035 | ₹24,157 | ₹23,067 |
| ₹40 lakh | ₹49,594 | ₹39,390 | ₹34,713 | ₹32,209 | ₹30,757 |
| ₹50 lakh | ₹61,993 | ₹49,237 | ₹43,391 | ₹40,261 | ₹38,446 |
| ₹60 lakh | ₹74,391 | ₹59,084 | ₹52,069 | ₹48,314 | ₹46,135 |
| ₹75 lakh | ₹92,989 | ₹73,855 | ₹65,087 | ₹60,392 | ₹57,669 |
| ₹100 lakh | ₹1,23,986 | ₹98,474 | ₹86,782 | ₹80,523 | ₹76,891 |
Frequently asked
How is EMI calculated?
EMI = P × r × (1+r)^n / ((1+r)^n − 1), with P the loan, r the monthly rate (annual ÷ 12) and n the number of months. Early EMIs are mostly interest; the principal share grows every year.
Should I take a longer tenure?
A longer tenure lowers the EMI but raises total interest a lot: ₹50 lakh at 8.5% costs ₹54 lakh interest over 20 years and ₹88 lakh over 30. Prepaying even one extra EMI a year cuts years off the loan.