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HOME LOAN EMI CALCULATOR

EMI stands for Equated Monthly Installment which is an important part of your housing loan. It includes repayment of the principal amount and payment of the interest on the outstanding amount of your home loan. A longer loan tenure (for a maximum period of 30 years) helps in reducing the EMIs.

A strong knowledge of the amount that you will need to pay towards EMIs will help you make an informed decision. Though, in order to get the best calculation towards EMIs, it is important to use a home loan EMI calculator. With our EMI calculators, you can get a reasonable understanding about the ratio of the principal amount to the interest due, based on the effect of the home loan tenure and interest rates.

Property Loan Calculator

Purchase price
Please enter here the amount you expect to pay for a home.
Enter a value
Down payment
Down payment is cash that you pay upfront for your home.
12.5%
Enter a value
Term in years
Number of years you have to pay.
years
Enter a value
Interest rate (per year)
The percentage of interest that you will pay on your mortgage for a specific term.
%
Enter a value
Property tax
Enter your property tax here if you know it.
per year
Enter a value
Home insurance
Most lenders require home insurance. Enter its price here.
per year
Enter a value
PMI
PMI is Private Mortgage Insurance which is usually required to pay if your Down payment less than 20%.
per month
Enter a value

Your total monthly payment


Principal & Interest