EMI Calculator
Just calculator Home Loan EMI Sample Calculations for free
| LOAN AMOUNT | INR | ||
| INTEREST RATE | % | ||
| LOAN TENURE | Yrs | ||
| SAMPLE RESULTS | |
|---|---|
| Loan Amount | |
| Monthly Instalment (EMI) | |
| Total Interest Amount | |
| Total Amount (Principal + Interest) |
| BANK | INTEREST RATES |
|---|---|
| State Bank Of India (SBI) | 7.55% - 8.05% |
| ICICI Bank | 7.60% - 8.30% |
| HDFC Ltd | 7.55% - 8.55% |
| LIC Housing | 7.55% - 8.75% |
| Bank of Baroda | 7.45% - 8.80% |
| AXIS Bank | 7.60% - 8.05% |
| PNB Housing Finance | 6.99% - 9.65% |
| IDBI | 7.50% - 10.65% |
| Union Bank of India | 7.40% - 8.90% |
| Bank of India | 6.90% - 7.10% |
| HSBC Bank | 7.30% - 7.75% |
| Indian Bank | 7.40% - 8.15% |
| Federal Bank | 8.55% - 8.70% |
| Allahabad Bank | 7.40% - 8.15% |
| Vijaya Bank | 7.25% - 8.25% |
| Canara Bank | 7.30% - 9.25% |
| Dena Bank | 8.15% - 8.65% |
| Syndicate Bank | 7.30% - 9.25% |
| Citibank | 8.50% |
| PNB Home Loan | 7.20% - 8.55% |
| India Shelter Housing Finance | 11.99%-18.00 % |
| GIC Housing Finance | 7.74% |
| Shubham Housing Development Finance Company | 10.90% |
A customer needs to know how much he has to pay per month for the home loan he has taken is called Home loan emi.
How is home loan EMI calculated?
To calculate the exact EMI per month, it is based on the loan you have taken. The interest on the loan is calculated and the amount is paid within the decided period i.e. tenure. For instance, if you take a home loan for ₹ 30,00,000 with 9.50% interest, your EMI will be ₹ 27,964.
Thus, Home Loan EMI depends upon the following:
How to get Home Loan EMI across major banks?