Tools

Home Loan EMI

Home loan EMI calculator with prepayment and amortization

Calculate your home loan EMI with complete amortization schedule and interest breakdown.

₹50,00,000
100000
500000000
8.5%
6
15
20Y
1
30
Monthly EMI

₹43,391

₹5,20,692/year • ₹1,04,13,840 total

Tenure: 20 years (240 months)
Type: Reducing Balance
Tax: 80C + 24(b) Benefits

Monthly EMI

₹43,391

Total Payment

₹1,04,13,840

Total Interest

₹54,13,941

Interest/Loan

108.3%

Visual Analysis

Year-by-Year Breakdown

PeriodPrincipalInterestBalance
Year 1₹99,509₹4,21,183₹49,00,491
Year 2₹1,08,305₹4,12,387₹47,92,185
Year 3₹1,17,878₹4,02,814₹46,74,307
Year 4₹1,28,298₹3,92,394₹45,46,009
Year 5₹1,39,638₹3,81,054₹44,06,371
Year 6₹1,51,981₹3,68,711₹42,54,390
Year 7₹1,65,415₹3,55,277₹40,88,976
Year 8₹1,80,036₹3,40,656₹39,08,940
Year 9₹1,95,949₹3,24,743₹37,12,991
Year 10₹2,13,269₹3,07,423₹34,99,722
Year 11₹2,32,120₹2,88,572₹32,67,601
Year 12₹2,52,638₹2,68,054₹30,14,963
Year 13₹2,74,969₹2,45,723₹27,39,995
Year 14₹2,99,273₹2,21,419₹24,40,721
Year 15₹3,25,726₹1,94,966₹21,14,995
Year 16₹3,54,518₹1,66,174₹17,60,477
Year 17₹3,85,854₹1,34,838₹13,74,624
Year 18₹4,19,960₹1,00,732₹9,54,664
Year 19₹4,57,080₹63,612₹4,97,583
Year 20₹4,97,482₹23,210₹101
Tax Benefits (Year 1)

Sec 80C (Principal)

₹99,509

Up to ₹1.5L/year

Sec 24(b) (Interest)

₹2,00,000

Up to ₹2L/year (self-occupied)

Total Tax Saving

₹89,853

At 30% tax bracket

Tax benefits available under Old Tax Regime. New Tax Regime does not offer 80C or 24(b) deductions for home loans.

Stamp Duty & Registration
₹60,00,000
100000
500000000

Stamp Duty (6%)

₹3,60,000

Registration (~1%)

₹60,000

Total Upfront Cost

₹4,20,000

Repayment Milestones

25% Repaid

Year 9 • Balance: ₹37,12,991

45%

50% Repaid

Year 14 • Balance: ₹24,40,721

70%

75% Repaid

Year 18 • Balance: ₹9,54,664

90%
Quick Facts

Loan Amount

₹50,00,000

Monthly EMI

₹43,391

Interest Rate

8.5%

Total Interest

₹54,13,941

Tenure

20 years

Total Payment

₹1,04,13,840

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