Home Loan EMI Calculator | Avorix Realty

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Calculate your monthly payment.

Results update live as you adjust the values.

Loan

₹60.0 L

₹75.0 L
₹15.0 L20%
0%10%20%30%40%50%
7.1% p.a.
5%12.5%20%
10 yr (120 mo)
1 yr15 yrs30 yrs

Total payable

₹83,96,966

Apply for Loan

Monthly EMI

₹69,975

updates live as you change inputs

Loan Amount

₹60.0 L

Total Interest

₹24.0 L

Monthly Principal

₹34,475

Monthly Interest

₹35,500

Payment Split

Principal vs Interest

Principal

71.5%

₹60.0 L

Interest

28.5%

₹24.0 L

Principal repaid71.5%
Interest cost28.5%

EMI Calculator — Equated Monthly Instalment Calculator

Calculate your home loan EMI instantly. Enter your property amount, choose your down payment percentage, interest rate and tenure — and see your monthly EMI, total interest, and full amortization schedule in real time.

What is EMI?

EMI (Equated Monthly Instalment) is a fixed payment made to your lender every month. Each EMI payment covers both the interest on the outstanding loan and a portion of the principal. In early years, most of the EMI goes toward interest. As years pass, more and more goes toward principal repayment.

EMI = [P × R × (1+R)^N] ÷ [(1+R)^N − 1]

P = Loan Amount  |  R = Monthly Interest Rate  |  N = Total Months

How does this EMI Calculator work?

1

Enter Property Amount: The total cost of the property you want to purchase.

2

Set Down Payment %: Drag the slider to choose your upfront payment as a % of property price. Remaining becomes your loan amount.

3

Adjust Interest Rate: Move the slider to match the rate offered by your bank (usually 7–9% for home loans in 2025).

4

Choose Tenure: Longer tenure = lower EMI but more total interest. Shorter tenure = higher EMI but less interest overall.

Example Calculation

Property worth ₹75 lakhs, with 20% down payment (₹15L), at 7.1% interest for 10 years:

Loan Amount₹60,00,000
Monthly EMI₹69,791
Total Interest Paid₹23,74,920
Total Amount Payable₹83,74,920

Tenure Comparison — ₹60 Lakh Loan at 7.1%

See how choosing a shorter or longer tenure affects your EMI and total interest.

TenureMonthly EMITotal InterestTotal Paid
5 years₹1,18,771₹11,26,260₹71,26,260
10 yearsexample₹69,791₹23,74,920₹83,74,920
15 years₹54,049₹37,28,820₹97,28,820
20 years₹46,591₹51,81,840₹1,11,81,840
30 years₹40,268₹84,96,480₹1,44,96,480

💡 Choosing 10 years over 30 years saves you ~₹61 lakh in interest on a ₹60L loan.

Tips to Reduce Your Home Loan EMI

Increase Down Payment

Paying 25–30% upfront instead of 20% directly reduces your loan principal and saves significant interest.

Choose Shorter Tenure

A 10-year loan saves ₹60+ lakhs in interest compared to a 30-year loan on a ₹60L principal.

Compare Multiple Lenders

Even a 0.5% lower interest rate can save ₹2–4 lakhs over a 10-year tenure on a ₹60L loan.

Make Partial Prepayments

Prepaying a lump sum in the early years of your loan reduces principal fast and cuts total interest drastically.

Key Formulas

Loan Amount = Property Price − Down Payment

Total Interest = Total Amount Payable − Loan Amount

Monthly Interest (Year 1) = Loan Amount × (Annual Rate ÷ 12 ÷ 100)