Home Loan EMI Calculator
Work out your monthly EMI, total interest and total cost for any home, car or personal loan.
How is EMI calculated?
EMI = P × r × (1+r)^n ÷ ((1+r)^n − 1), where P is the loan, r the monthly rate and n the number of months.
Does a longer tenure save money?
It lowers the EMI but raises total interest. Prepaying even one EMI a year cuts years off a home loan.
Results are estimates for planning, not an offer. Lenders decide final amounts and rates.