Estimate your monthly instalment, total interest and total payout before you apply for a home loan.
EMI (Equated Monthly Instalment) is calculated using the formula EMI = P × r × (1+r)n / ((1+r)n − 1), where P is the loan principal, r is the monthly interest rate (annual rate ÷ 12 ÷ 100), and n is the loan tenure in months. This calculator gives you an instant estimate -- your bank's final offer may vary based on your credit profile, income and the specific lender's terms.