Home Loan Calculator

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₹10,000₹1,00,00,000

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1 Year30 Years

EMI Breakdown

Principal amount

₹1,00,000

Interest amount

₹542

Total amount payable

₹1,00,542

Your Monthly EMI is ₹8,379

Frequently Asked Questions

Everything You Need To Know

An EMI (Equated Monthly Installment) is a fixed monthly payment made to repay a home loan. It consists of both principal and interest amounts.

Your EMI is calculated based on the loan amount, interest rate, and the loan tenure (duration). The formula takes into account the interest rate and the loan term to determine the amount you will pay monthly.

Yes, the calculator allows you to adjust the loan tenure to see how it affects your EMI. Longer tenures reduce monthly EMI, but the total interest paid over time may increase.

No, the EMI calculator only calculates your monthly installment based on the loan amount, interest rate, and tenure. Processing fees and other charges are not included.

Yes, you can input various loan amounts in the calculator to see how different loan sums affect your EMI.

Higher interest rates result in higher EMIs, while lower rates reduce your monthly payments. You can adjust the rate in the calculator to check how it impacts your loan repayment.

Yes, the calculator works for all types of home loans, including fixed-rate and variable-rate loans. The calculations are based on the loan parameters you input.

Yes, the EMI calculator will show the total repayment amount over the loan tenure, helping you understand how much you will pay in total (principal + interest).

The EMI will be fixed if you have a fixed-rate home loan. However, for a variable-rate loan, the EMI may change depending on fluctuations in the interest rate during the loan tenure.

By comparing EMIs for different loan amounts, tenures, and interest rates, you can find the home loan option that best fits your budget and repayment capacity.