Advance Home Loan EMI Calculator

Calculate your monthly EMI, explore yearly payment breakdowns, and analyze prepayment benefits with our comprehensive home loan calculator designed for Indian Home Loan Buyers.

Loan Calculator

Adjust the values below to see instant results

₹1L ₹25.00 L ₹10Cr
6% 8.5% 15%

Monthly EMI

₹21,696

₹21.70 T

Principal Amount

₹25,00,000

₹25.00 L

Total Interest

₹27,06,939

₹27.07 L

Total Amount

₹52,06,939

₹52.07 L

Loan Summary

Loan Amount: ₹25,00,000
Interest Rate: 8.5% per annum
Original Tenure: 20 years
Total Months: 240 months
Monthly EMI: ₹21,696
Total Interest: ₹27,06,939
Total Amount: ₹52,06,939
Interest Percentage: 52.0%

Yearly Payment Schedule

Smart EMI Tips

  • 40% Rule: Keep your EMI under 40% of monthly income for financial comfort
  • Prepayment Strategy: Even ₹50,000 annual prepayment can save lakhs in interest
  • Rate Shopping: 0.5% rate difference can save ₹2-3 lakhs over loan tenure
  • Tenure Balance: Shorter tenure = Higher EMI but lower total interest
  • Early Years: Most of your EMI goes toward interest in the beginning

Understanding Prepayments

  • Yearly: Make prepayments at the end of each year or every few years
  • Monthly: Add extra amount to your regular EMI every month
  • One-time: Make a large prepayment from bonus, inheritance, etc.
  • Best Time: Earlier prepayments save more interest than later ones
  • Tax Benefit: Check if prepayment affects your tax deductions

Quick Comparison Scenarios

See how small changes can make a big difference

If Interest Rate ↓ by 0.5%

Monthly EMI would be:

₹20,911

Save ₹785 per month

Total savings: ₹1,88,299

If Tenure ↓ by 5 years

Monthly EMI would be:

₹24,618

Higher EMI: +₹2,923

Interest saved: ₹7,75,611

If Loan Amount ↑ by ₹10L

Monthly EMI would be:

₹30,374

Higher EMI: +₹8,678

For ₹10L more loan

How to Use This Calculator

Get the most out of our EMI calculator with these simple steps

1

Enter Loan Details

Input your loan amount, interest rate, and tenure. Use preset buttons for quick selection.

2

View Results

See your monthly EMI, total interest, and payment breakdown in charts and tables.

3

Plan Prepayments

Enable prepayment planning to see how extra payments can save you money.

Key Features

Visual Charts

Pie and bar charts show payment breakdown clearly

Payment Schedule

Click any year to see monthly payment details

Prepayment Planning

Add monthly, yearly, or one-time prepayments

Scenario Comparison

See how rate and tenure changes affect your loan

Understanding Prepayments

Monthly Prepayment

Add extra amount to your regular EMI every month

Best for: Steady income earners

Yearly Prepayment

Make prepayments annually from bonus or savings

Best for: Variable income professionals

One-time Prepayment

Large prepayment from windfall or inheritance

Best for: Lump sum amounts

Smart Tips

40% Rule: Keep EMI under 40% of monthly income

Early Impact: Prepayments in first 5 years save most interest

Emergency Fund: Keep 6-month EMI as emergency fund

Rate Review: Negotiate rates every 2-3 years

Ready to Compare Loan Options?

Check current interest rates from top banks and find the best deal for your home loan.