Home Loan Calculator

Calculate your home loan EMI, total interest, and payment details

About Home Loan EMI

EMI (Equated Monthly Installment) is the fixed amount you pay every month towards your home loan. It consists of both principal and interest components, with interest being higher in early years.

Key Points:

  • Fixed EMI: Same amount every month throughout the tenure
  • Interest Component: Higher in initial years, reduces over time
  • Principal Component: Lower initially, increases over time
  • Prepayment: Can reduce total interest by paying extra principal