Free Home Loan EMI Calculator
Work out your home loan EMI starting from the property's price and your down payment — no signup, nothing sent to a server. Not sure how much you'd qualify for first? Try the Home Loan Eligibility Calculator, or use the general EMI Calculator if you already know the loan amount.
Monthly EMI
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Loan amount
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Down payment
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Loan-to-value (LTV)
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Total interest
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Total payment
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How to calculate home loan EMI
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1
Enter the property value
Type the agreed purchase price of the home.
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2
Set your down payment percentage
The remaining amount becomes the loan principal.
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3
Enter the interest rate and tenure
Use the rate quoted by your bank and the repayment period in years.
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4
Read the EMI breakdown
Loan amount, LTV, EMI, total interest, and total payment update instantly as you type.
Example use cases
House hunting
See how the EMI changes as you compare properties at different price points.
Deciding the down payment
Check how a larger down payment lowers both the LTV and the monthly instalment.
Comparing lenders
Plug in each bank's quoted rate to see which one actually costs less per month.
Frequently asked questions
How is the loan amount worked out?
Loan amount = Property value − Down payment. The EMI is then calculated on that loan amount using the standard reducing-balance formula.
What is loan-to-value (LTV)?
LTV is the loan amount as a percentage of the property value. Most lenders cap LTV at 75-90%, so a higher down payment usually means an easier approval and a lower EMI.
Does this include stamp duty, registration, or insurance?
No — this covers only the EMI on the principal and interest portion. Add stamp duty, registration charges, and any insurance premium separately when budgeting for the total cost.
Is my financial information sent to a server?
No. The calculation runs entirely in your browser — nothing is transmitted or logged.