Home Loan EMI Calculator

Compute your monthly home loan installments (EMIs), interest payable, and total payback amount.

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Yr

Summary Breakdown

Breakdown
Principal Amount
Interest Payable

How it works

The Home Loan EMI is calculated using the formula: EMI = [P x r x (1+r)^n] / [(1+r)^n - 1] where P is the Principal loan amount, r is the monthly interest rate (annual interest rate divided by 12 and 100), and n is the loan tenure in months (years multiplied by 12).