🏠 Home Loan EMI Calculator India 2025

🏠

Home Loan

8.40–10.5%

🚗

Car Loan

7.99–12%

💳

Personal

10.5–24%

🎓

Education

8.15–15%

Loan Amount

₹

Down Payment optional

₹

Interest Rate

8.50%

Tenure

20 yrs

Processing Fee optional

True Cost (with fee)

Enter % above to see true cost

Processing Fee optional

₹

Monthly Salary take-home

₹

Monthly EMI

—

📅 Tenure Comparison

🏦 Bank Rate Comparison 2025-26

* Indicative rates. Actual depends on credit score and profile.

💰 Prepayment Simulator

Enter any extra monthly payment — see exact interest saved and time cut.

Extra payment per month

₹

Without prepayment—

With prepayment—

⏱ Time saved—

💰 Interest saved —

📊 Payment Breakdown

⭐ CIBIL Score → Interest Rate Guide

Your credit score directly affects the rate you get. Here's what each score range means for your EMI:

💹 Invest While You Repay

Even ₹2,000/month in SIP alongside your EMI builds serious wealth. Start on Groww — India's most trusted platform.

Start SIP on Groww →

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About This Calculator

Taking a home loan is one of the biggest financial decisions you'll make. Use this free home loan EMI calculator to know exactly how much you'll pay every month — before walking into any bank.

Simply enter your loan amount, interest rate, and tenure to get your EMI instantly. Plus see the full amortisation schedule, prepayment impact, and bank-by-bank rate comparison for 2025-26.

📊 Home Loan EMI — Real Example (₹50 Lakh, 20 Years)

Meet Arjun, 32, software engineer in Bengaluru. He's buying a 2BHK for ₹65 lakh, making a ₹15 lakh down payment, and taking a ₹50 lakh home loan.

Bank	Rate (2025-26)	Monthly EMI	Total Interest
SBI	8.50%	₹43,391	₹54.1 lakh
HDFC Bank	8.75%	₹44,349	₹56.4 lakh
ICICI Bank	8.75%	₹44,349	₹56.4 lakh
Kotak	8.70%	₹44,158	₹56.0 lakh
Axis Bank	8.75%	₹44,349	₹56.4 lakh

Key insight: Going with SBI at 8.50% vs HDFC at 8.75% saves Arjun ₹958/month — that's ₹2.3 lakh in total savings over 20 years. Always negotiate your rate!

💡 5 Tips to Reduce Your Home Loan EMI

Make a larger down payment: Every extra lakh reduces principal, which reduces both EMI and total interest paid.
Choose the right tenure: 20 years vs 25 years can mean ₹5,000 less EMI/month — but 12 lakh more in total interest.
Prepay when possible: Even ₹5,000/month extra can cut 4 years off a 20-year loan. Use the prepayment simulator above.
Check CIBIL before applying: Score above 750 = best rates. Score below 650 = 1–2% higher rate, costing ₹10–20 lakh extra.
Time your loan with rate cycles: RBI rate cuts in 2025 have brought home loan rates to 4-year lows — good time to lock in.

📋 Home Loan EMI Table — Popular Loan Amounts (8.5%, 20 Years)

Loan Amount	Monthly EMI	Total Interest	Total Amount Paid
₹20 lakh	₹17,356	₹21.7 lakh	₹41.7 lakh
₹30 lakh	₹26,035	₹32.5 lakh	₹62.5 lakh
₹40 lakh	₹34,713	₹43.3 lakh	₹83.3 lakh
₹50 lakh	₹43,391	₹54.1 lakh	₹1.04 crore
₹75 lakh	₹65,087	₹81.2 lakh	₹1.56 crore
₹1 crore	₹86,782	₹1.08 crore	₹2.08 crore

Frequently Asked Questions

What is the EMI for a ₹30 lakh home loan for 20 years? ▼

At 8.5% interest rate, the EMI for a ₹30 lakh home loan for 20 years is approximately ₹26,035 per month. You can use the calculator above to try different rates and tenures.

How much home loan can I get on ₹50,000 salary? ▼

Generally, banks allow EMI up to 40–50% of your net monthly salary. On a ₹50,000 salary, your maximum EMI can be ₹20,000–₹25,000, which qualifies you for roughly ₹20–24 lakh home loan at 8.5% for 20 years. Use our Loan Eligibility Calculator for a precise figure.

What is the difference between EMI and interest? ▼

EMI (Equated Monthly Instalment) is the total monthly payment = principal repayment + interest. In early years, most of your EMI goes toward interest. In later years, more goes toward principal — this is called the amortisation schedule.

Is a 25-year or 20-year home loan better? ▼

A 25-year loan has lower EMI (easier on monthly budget) but you pay significantly more interest. For example, on ₹50L at 8.5%: 20-year EMI = ₹43,391 (total interest = ₹54L); 25-year EMI = ₹40,149 (total interest = ₹70L). Choose based on your salary growth expectations.

What is the current home loan interest rate in India 2025? ▼

As of 2025-26, home loan interest rates range from 8.40% (SBI, for salaried with 750+ CIBIL) to 10.5% (for self-employed or lower credit scores). After RBI rate cuts, rates are at their lowest in 4 years — a good time to buy.

How does prepayment help reduce my home loan? ▼

Prepaying even ₹5,000/month extra on a ₹50L loan at 8.5% for 20 years can save ₹11 lakh in interest and cut 4 years off your loan tenure. Use the Prepayment Simulator in the calculator above to see your exact savings.