Looking to finance your dream home? Use our Home Loan EMI Calculator to get instant estimates of your monthly EMIs, total interest cost, and repayment amount. Whether you're applying for a new housing loan or refinancing an existing one, this tool empowers you to make informed financial decisions with clarity and ease.
₹
| Month | Principal | Interest | Outstanding Principal |
|---|---|---|---|
| 1 | ₹6,894 | ₹3,125 | ₹4,93,106 |
| 2 | ₹6,937 | ₹3,082 | ₹4,86,169 |
| 3 | ₹6,980 | ₹3,039 | ₹4,79,189 |
| 4 | ₹7,024 | ₹2,995 | ₹4,72,164 |
| 5 | ₹7,068 | ₹2,951 | ₹4,65,097 |
| 6 | ₹7,112 | ₹2,907 | ₹4,57,984 |
A home loan calculator is an intelligent financial tool that simplifies the process of loan planning. By entering your loan amount, applicable home loan interest rate, and repayment tenure, the calculator instantly displays your monthly EMI along with the total interest and overall repayment cost.
This eliminates manual calculations and provides a quick, reliable way to assess your loan affordability—helping you make smarter borrowing choices before applying.
Using the calculator is simple and efficient. You need to input:
Based on these inputs, the home loan EMI calculator will automatically compute:
You can adjust the loan amount, tenure, or interest rate to explore different EMI scenarios and choose what fits best within your monthly budget.
The calculator uses the standard EMI formula:
EMI = [P × R × (1 + R)^N] ÷ [(1 + R)^N – 1]
Where:
This formula ensures accurate and consistent EMI estimates, helping you plan effectively.
Whether you're exploring a 10-year or 30-year term, or deciding between fixed and floating interest rates, this calculator gives you the insight needed to borrow responsibly.
If you take a home loan of ₹40 lakh at an interest rate of 8.5% p.a. for 20 years, your estimated EMI would be around ₹34,677. Over the loan term, the total interest paid would be approximately ₹43.22 lakh—bringing the total repayment amount to ₹83.22 lakh.
The calculator helps you simulate such scenarios and make informed adjustments to your tenure or amount to keep monthly payments within your comfort zone.
Before applying, it's essential to assess your home loan eligibility. Most lenders consider factors such as:
Using a home loan eligibility calculator alongside your EMI calculations can help you understand the maximum loan amount you qualify for and avoid application rejections.
A home loan is often one of the longest financial commitments an individual makes. An accurate EMI estimate enables you to:
In short, a housing loan calculator puts control back into your hands—making complex financial decisions more transparent and data-driven.
Use our Home Loan EMI Calculator to understand your monthly repayment obligations and align your housing loan with your long-term financial goals. Whether you're a salaried individual or self-employed, this tool offers the clarity you need to borrow smartly and repay comfortably.
Disclaimer - The EMI results shown by this Home Loan Calculator are for informational purposes only and are based on the inputs provided by the user. Actual loan terms, interest rates, and EMIs may vary depending on the policies and calculations of the respective lending institutions. For precise loan offers and repayment schedules, please consult your preferred bank or financial institution. Ventura shall not be held liable for any discrepancy, loss, or inaccuracy arising from the use of this calculator.
An EMI (Equated Monthly Installment) is the fixed monthly payment made toward repaying your home loan. It includes both principal and interest.
If you opt for a fixed interest rate, your EMI remains constant. For floating rates, the EMI may change based on market fluctuations.
Yes. Many lenders allow part-prepayment* or foreclosure*, which can reduce your overall interest burden.
Yes. It can be used for new home loans, balance transfers, and top-up home loans.
The EMI is an accurate estimate based on your inputs. Actual EMI may vary slightly depending on your lender’s terms and fees
