EMI Calculator: Home Loan, Personal Loan & Car Loan
Calculate your Equated Monthly Installment (EMI) for any loan type. Enter your loan amount, interest rate, and tenure to instantly see your EMI, total interest, and a full repayment schedule.
EMI
₹8,678.23
Total Interest
₹10,82,775.76
Total Payable
₹20,82,775.76
How to calculate EMI
- 1
Enter your loan amount
Set the principal amount (e.g. ₹10,00,000 for a typical home loan) using the slider or by typing directly.
- 2
Set the interest rate
Enter the annual interest rate offered by your bank (e.g. 8.5% for an SBI home loan). Check the reference table below for current rates.
- 3
Choose the tenure
Set the loan tenure in years or months, up to 30 years for home loans. Longer tenure means lower EMI but higher total interest.
- 4
Review your EMI
Your EMI, total interest, and total payable are displayed instantly. Expand the amortization schedule for the month-by-month breakdown.
Home Loan Interest Rate Examples
| Bank | Interest Rate (p.a.) | Max Tenure |
|---|---|---|
| SBI | 8.50% onwards | 30 years |
| HDFC Bank | 8.75% onwards | 30 years |
| ICICI Bank | 8.75% onwards | 30 years |
| Axis Bank | 8.75% onwards | 30 years |
| Bank of Baroda | 8.40% onwards | 30 years |
Rates are examples for comparison only and may change. Always check directly with your bank for current rates and eligibility.
Frequently Asked Questions
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Our Loan Calculator supports 15 currencies including USD, EUR, GBP, AUD, SGD and more.