Home Loan EMI Calculator
Calculate your monthly payments and plan your home loan efficiently
| Principal Amount | ₹0 |
|---|---|
| Total Interest | ₹0 |
| Total Payment | ₹0 |
Home Loan EMI Calculator – Check Your Monthly Payments Instantly
If you're planning to buy a house and need a home loan, you must know how much EMI you’ll have to pay every month. With Teklo.pro’s Home Loan EMI Calculator, you can easily calculate your monthly EMI, total interest payable, and total loan repayment. This tool helps you plan your loan smartly before applying with any bank or lender.
How to Use This Home Loan EMI Calculator?
- Enter your loan amount (e.g. ₹50,00,000)
- Select the interest rate (e.g. 8.5%)
- Choose loan tenure (e.g. 20 years)
- Get instant results: Monthly EMI, Interest, Total Payment
You’ll also see a color graph showing how much interest you’ll pay compared to the principal loan amount. You can also click on "View Full Amortization Schedule" to see a detailed month-wise repayment table.
What is Home Loan EMI?
EMI (Equated Monthly Installment) is the fixed amount you pay every month towards your home loan. Each EMI includes a part of your loan amount (principal) and a part of interest.
Why Should You Use an EMI Calculator Before Taking a Home Loan?
- ✅ Plan your monthly budget in advance
- ✅ Know the real cost of the loan with total interest
- ✅ Avoid over-borrowing and financial stress
- ✅ Compare EMIs for different interest rates or tenures
Who Can Use This Home Loan EMI Calculator?
This tool is perfect for anyone looking to take a home loan from banks like SBI, HDFC, ICICI, Axis Bank, PNB, or NBFCs like Bajaj Finance. Whether you're a salaried person, self-employed, or a first-time buyer, this EMI tool gives you full clarity in seconds.
Important Tips for Home Loan Borrowers
- 📉 A longer loan tenure reduces EMI but increases total interest
- 🏦 Always compare interest rates from multiple banks
- 📅 Try to prepay when possible to reduce total interest
Disclaimer
This calculator gives approximate EMI results. Actual values may vary based on lender’s terms and conditions.
Frequently Asked Questions (FAQs)
1. What is a home loan EMI?
Home loan EMI is the fixed monthly amount you pay to repay your housing loan over a set period.
2. How accurate is this EMI calculator?
This calculator gives you a near-exact estimate using standard EMI formulas used by all banks in India.
3. Can I change the loan tenure or interest rate?
Yes, use the slider to change tenure and interest rate to compare different EMI options.
4. Is this EMI calculator free?
Yes, Teklo.pro’s EMI calculators are 100% free and easy to use.
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