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Home Loan Calculator

All you need to know about your home loan

TopSellingLoans

₹

You are Eligible for EMI Amount

₹0
Principal Amount
₹80.00 Lac
Interest Amount
₹0

Why TopSelling?

Offers from 34+ Banks
Lowest Interest Rate
Highest Loan Value

Home Loan Offers

New Schemes

Get personalised home loan offers from top banks in just 2 mins...

Loan req. - ₹50,00,000
Credit Score - 820
Ongoing EMI - ₹10,000
Monthly Income - ₹1,00,000
SBI

State Bank of India

Recommended
8.5%
Interest
₹50L
Loan Amount
30 Yr
Tenure
₹50L
Monthly EMI
Get Loan disbursed under 18 Days
Upto ₹10,000 Cash Reward
BOM

Bank of Maharashtra

8.3%
Interest
₹1Cr
Loan Amount
30 Yr
Tenure
₹75.5K
Monthly EMI
Get Loan disbursed under 18 Days
Upto ₹20,000 Cash Reward
BOB

Bank of Baroda

8.4%
Interest
₹70L
Loan Amount
30 Yr
Tenure
₹53.3K
Monthly EMI
Get Loan disbursed under 18 Days
Upto ₹14,000 Cash Reward
HDFC

HDFC Bank

8.7%
Interest
₹60L
Loan Amount
30 Yr
Tenure
₹60L
Monthly EMI
Get Loan disbursed under 18 Days
Luxury Stay @ Taj Hotel

Home Loan Calculator - Calculate EMI, Interest & Eligibility

What is a Home Loan EMI Calculator?

A Home Loan EMI Calculator is a digital tool that helps you calculate your monthly EMI (Equated Monthly Installment) for a home loan based on the loan amount, interest rate, and tenure. Our advanced calculator provides instant results and helps you plan your finances better.

Key Features:

  • Instant EMI calculation with accurate results
  • Loan eligibility assessment based on income
  • Balance transfer savings calculator
  • Prepayment impact analysis
  • Rate change impact calculator
  • Compare offers from 34+ banks

How to Use the Home Loan Calculator?

  1. Enter your desired loan amount
  2. Select the loan tenure (5-30 years)
  3. Input the interest rate offered by your bank
  4. Click 'Calculate EMI' to get instant results
  5. View detailed breakdown of principal and interest

EMI Calculation Formula:

EMI = [P x R x (1+R)^N] / [(1+R)^N-1]

Where P = Principal loan amount, R = Monthly interest rate, N = Number of monthly installments

Frequently Asked Questions

What is the maximum home loan tenure?

Most banks offer home loans for a maximum tenure of 30 years, though this may vary based on your age and income.

Can I prepay my home loan?

Yes, you can prepay your home loan partially or fully. Use our prepayment calculator to see potential savings.

What documents are required for home loan?

Common documents include income proof, identity proof, address proof, property documents, and bank statements.

How is loan eligibility calculated?

Loan eligibility is based on your monthly income, existing EMIs, credit score, and the bank's debt-to-income ratio criteria.

Why Choose Our Home Loan Calculator?

Accurate Calculations

Our calculator uses the latest interest rates and formulas to provide precise EMI calculations.

Trusted by Millions

Used by over 2 million customers for home loan planning and comparison.

Compare Best Offers

Compare home loan offers from 34+ banks and choose the best deal for you.

Start your home loan journey today with our comprehensive calculator and expert guidance. Get personalized loan offers and make informed financial decisions.