Home Loan EMI Calculator

Estimate monthly EMI payments for home loans.

Inputs
Enter values below and click calculate to see results.
Results
Your output will appear below once all required inputs are provided.

Result

Enter values to see the result

Formula

EMI = P * r * (1+r)^n / ((1+r)^n - 1)

Example
For a ₹50,00,000 loan at 7.5% annual interest over 20 years, the EMI is calculated using the standard EMI formula.

principal

5000000

rate

7.5

tenure

20

Expected result

40279.66

FAQ
Common questions about this calculator.

What is EMI?

EMI stands for Equated Monthly Installment–the fixed payment made every month to repay a loan.

Can I adjust the loan tenure?

Yes, increasing tenure reduces monthly EMI but increases total interest paid.