Online Home Loan Calculator
Calculate Down Payment, Fees & One-time Expenses, Principal, Prepayments, Interest, Taxes, Home Insurance & Maintenance of your Home Loan
Total Monthly EMI Payment
| Principal & Interest (EMI) | ₹ 38,468 |
| Monthly Extra Payment | ₹ 0 |
| Property Taxes | ₹ 1,042 |
| Home Insurance | ₹ 208 |
| Maintenance Expenses | ₹ 2,500 |
| Total Monthly Payment | ₹ 42,218 |
All Total Payments
| Down Payment, Fees & One-time Expenses | ₹ 15,10,000 |
| Principal | ₹ 40,00,000 |
| Prepayments | ₹ 0 |
| Interest | ₹ 52,32,428 |
| Taxes, Home Insurance & Maintenance | ₹ 9,00,000 |
Payment Details Breakdown
(Mar 2025 - Feb 2045)
| Year | Principal (A) | Interest (B) | Taxes, Home Insurance & Maintenance (C) | Total Payment (A + B + C) | Balance | Loan Paid To Date |
|---|---|---|---|---|---|---|
| 2025 | ₹ 55,040 | ₹ 3,29,644 | ₹ 37,500 | ₹ 4,22,185 | ₹ 39,44,960 | 1.38% |
| 2026 | ₹ 72,338 | ₹ 3,89,284 | ₹ 45,000 | ₹ 5,06,621 | ₹ 38,72,622 | 3.18% |
| 2027 | ₹ 79,873 | ₹ 3,81,748 | ₹ 45,000 | ₹ 5,06,621 | ₹ 37,92,749 | 5.18% |
| 2028 | ₹ 88,193 | ₹ 3,73,428 | ₹ 45,000 | ₹ 5,06,621 | ₹ 37,04,556 | 7.39% |
| 2029 | ₹ 97,380 | ₹ 3,64,242 | ₹ 45,000 | ₹ 5,06,621 | ₹ 36,07,176 | 9.82% |
| 2030 | ₹ 1,07,523 | ₹ 3,54,098 | ₹ 45,000 | ₹ 5,06,621 | ₹ 34,99,653 | 12.51% |
| 2031 | ₹ 1,18,723 | ₹ 3,42,898 | ₹ 45,000 | ₹ 5,06,621 | ₹ 33,80,930 | 15.48% |
| 2032 | ₹ 1,31,090 | ₹ 3,30,531 | ₹ 45,000 | ₹ 5,06,621 | ₹ 32,49,840 | 18.75% |
| 2033 | ₹ 1,44,745 | ₹ 3,16,876 | ₹ 45,000 | ₹ 5,06,621 | ₹ 31,05,094 | 22.37% |
| 2034 | ₹ 1,59,823 | ₹ 3,01,799 | ₹ 45,000 | ₹ 5,06,621 | ₹ 29,45,272 | 26.37% |
| 2035 | ₹ 1,76,471 | ₹ 2,85,151 | ₹ 45,000 | ₹ 5,06,621 | ₹ 27,68,801 | 30.78% |
| 2036 | ₹ 1,94,853 | ₹ 2,66,769 | ₹ 45,000 | ₹ 5,06,621 | ₹ 25,73,948 | 35.65% |
| 2037 | ₹ 2,15,150 | ₹ 2,46,472 | ₹ 45,000 | ₹ 5,06,621 | ₹ 23,58,798 | 41.03% |
| 2038 | ₹ 2,37,561 | ₹ 2,24,060 | ₹ 45,000 | ₹ 5,06,621 | ₹ 21,21,237 | 46.97% |
| 2039 | ₹ 2,62,307 | ₹ 1,99,315 | ₹ 45,000 | ₹ 5,06,621 | ₹ 18,58,931 | 53.53% |
| 2040 | ₹ 2,89,630 | ₹ 1,71,992 | ₹ 45,000 | ₹ 5,06,621 | ₹ 15,69,301 | 60.77% |
| 2041 | ₹ 3,19,799 | ₹ 1,41,822 | ₹ 45,000 | ₹ 5,06,621 | ₹ 12,49,502 | 68.76% |
| 2042 | ₹ 3,53,111 | ₹ 1,08,510 | ₹ 45,000 | ₹ 5,06,621 | ₹ 8,96,390 | 77.59% |
| 2043 | ₹ 3,89,893 | ₹ 71,728 | ₹ 45,000 | ₹ 5,06,621 | ₹ 5,06,497 | 87.34% |
| 2044 | ₹ 4,30,507 | ₹ 31,115 | ₹ 45,000 | ₹ 5,06,621 | ₹ 75,990 | 98.1% |
| 2045 | ₹ 75,990 | ₹ 946 | ₹ 7,500 | ₹ 84,437 | ₹ 0 | 100% |
What is Home Loan Calculator?
A Home loan calculator is a kind of online tool that helps to calculate the total EMI payout against the Home loan. People are always dreamt of having a house, but owning a house requires a lot of instant money. That’s why people took home loans from various financial institutions, but it is really difficult to determine the exact EMIs as it requires a lot of time to calculate all the things manually. So, to reduce the headache and the ability to calculate the outcome instantly, one can use an Online Home loan calculator.
Why use Home Loan Calculator?
Basically, a home loan calculator helps its user to gain a clear picture about how much amount he needs to pay after taking the loan and whether his financial condition can afford it in a long term or not. So users can be aware of their future financial liabilities through this online home loan calculator way before taking the loan and able to take the correct decision. A home loan calculator also helps to plan the expenditure properly like he should go for a long term or a short term loan etc.
Advantages of using Home Loan Calculator :
‘Prevention is better than cure’, we all heard of it but we can’t able to implement it properly. Using a home loan calculator is considered as the prevention before taking the loan. Reasons are,
- Determine the payable amount effectively.
- User can plan their cost management in right way.
- Simple user interface and easy to access.
- Efficient and reliable.
- Instantly delivers results.
Formula of calculating Home Loan
For calculating Home loan and its EMIs structure a specific formula is being used.
A= [P x R x (1+R) ^N]/ (1+R) ^N-1.
where A= EMI amount, P= principal ( the amount which is the original loan amount giver by bank) , R= rate of interest, N= number of years/ tenure of repayment.
