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Calculate your home loan EMI with prepayment options and plan your dream home
Typically 75-90% of property value (80% shown)
One-time fee charged by lenders (0.25-1% is typical)
Enter your loan details and click "Calculate EMI"
Example Calculation:
$5,000,000 property, $4,000,000 loan at 8.5% for 20 years
EMI: $34,703.00 • Total Interest: $4,330,000.00
$3,000,000 loan, 8.5% interest
$5,000,000 loan, 9% interest
$10,000,000 loan, 8% interest
Prepayment reduces your principal amount, which decreases total interest paid and may shorten your loan term. A ₹5L prepayment on a ₹50L, 20Y loan at 9% can save ₹12L in interest and reduce term by 3-4 years.
Floating rates are usually 0.5-2% lower initially but can change with market conditions. Fixed rates provide stability but are higher. Floating rates are currently recommended.
Lenders typically approve EMI up to 40-50% of your monthly income. For ₹50,000 monthly income, maximum EMI would be ₹20,000-25,000, translating to ~₹25-30L loan for 20Y at 9%.
Compare different loan scenarios to find the best option
Note: This calculator provides estimates. Actual loan terms may vary by lender.