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Home Loan EMI Calculator — Mortgage Guide (2026)

₹50L loan, 8.5%, 20 years = EMI ₹43,391। Total interest ₹53.3 lakh!

7 min readUpdated March 19, 2026Mortgage, Home Loan, EMI, India

₹50L home loan, 8.5%, 20 years = ₹53.3 lakh interest — loan से ज्यादा! EMI, prepayment, bank comparison — सब जानो।

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Home Loan EMI — Calculate!

Bank comparison, prepayment savings।

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EMI Example

Metric₹50L, 8.5%, 20yr
EMI₹43,391
Total Interest₹53.3 lakh
Total Paid₹1.04 crore

Prepayment Magic

+₹5,000/month extra → ₹11.5 lakh saved, 4 years early। Floating rate = zero prepayment penalty (RBI rule)।

Bank Comparison

BankRate
SBI8.25-9.15%
HDFC8.50-9.40%
BOB8.15-9.45%

0.5% difference = ₹3.8 lakh saving over 20 years।

How to Use the Tool (Step by Step)

  1. 1

    Loan amount

    Property - down payment।

  2. 2

    Interest rate

    Compare banks।

  3. 3

    Tenure

    15/20/25/30 years।

  4. 4

    EMI + total cost

    Prepayment options।

Frequently Asked Questions

20 vs 30 years?+

20 years = ₹30-40 lakh less interest। Higher EMI but much cheaper overall।

Prepayment worth?+

Absolutely। +₹5K/month = ₹11.5L saved। No penalty on floating rate।

Tax benefit?+

Old regime: ₹2L interest (24b) + ₹1.5L principal (80C)। New regime: not available।

Balance transfer?+

0.5% lower rate = ₹3-4L saving। Processing fee ₹10-20K — months में recover।

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Home Loan EMI — Calculate!

Bank comparison, prepayment savings।

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