Smart Home Loan Calculator

Plan your dream home with confidence. Calculate EMI and discover the power of pre-payments to become debt-free faster.

₹50.00 L
₹10L₹5Cr
9%
6%15%
20 Years
5 Years30 Years
Smart Pre-payment

Monthly EMI

₹44,986

Principal + Interest

Total Interest Payable

₹57.97 L

Total Payment: ₹1.08 Cr

Amortization Schedule

Principal
Interest

How Pre-payment Works

Making extra payments towards your home loan directly reduces your outstanding principal. Since interest is calculated on the principal, a lower principal means lower interest in subsequent months.

Even small regular pre-payments (like ₹5,000/month) can shave off years from your loan tenure and save you lakhs in interest.

Smart Tips for Home Loans

  • ✓Increase EMI annually: As your income grows, increase your EMI by 5-10%.
  • ✓Use Bonuses: Use annual bonuses to make lump-sum pre-payments.
  • ✓Shorten Tenure: Opt for a shorter tenure if you can afford higher EMIs to save on total interest.