This Home Loan Calculator helps you determine the monthly EMI, total interest payable, and the overall payment over the life of your loan. Simply adjust the following inputs to match your loan details:
Loan Tenure (Years): Adjust the loan duration between 1 and 40 years.
Loan Amount (₹): Set the desired loan amount, ranging from ₹1 Lakh to ₹5 Crores.
Interest Rate (%): Enter the interest rate offered by the bank or financial institution, typically between 1% and 20%.
🏡 Home Loan Calculator
💰 Results
Monthly EMI: ₹
Total Interest: ₹
Total Payment: ₹
Once you’ve entered the details, the calculator will show:
- Monthly EMI: The monthly payment you need to make towards the loan.
- Total Interest: The total interest paid over the entire tenure.
- Total Payment: The total amount paid (Principal + Interest) during the loan tenure.
Additionally, the Doughnut Chart gives a clear visual representation of how much of your loan payment goes towards the principal and how much is spent on interest.
This calculator is designed to help you:
- Plan your finances better by understanding monthly payments.
- Compare different loan amounts, interest rates, and tenures.
- Visualize how interest accumulates over the term of your loan.