Home Loan Calculator
Loan amount, EMI and the total cost of buying a home.
How the Home Loan Calculator works
Start from the property price and your down payment. The rest is the home loan: see the monthly EMI, the total interest over the tenure and the full cost of the home including your down payment. Banks usually fund up to 75–90% of the property value.
Home Loan Calculator formula
Loan = Price × (1 − Down payment %) · EMI = L × r × (1 + r)ⁿ ÷ ((1 + r)ⁿ − 1)
Results are estimates for illustration only and not financial advice.
How to use the Home Loan Calculator
- Enter the property loan amount and interest rate.
- Choose the tenure of the home loan.
- See your EMI, the total interest over the loan and how the balance falls each year.
Home Loan Calculator: FAQs
How much down payment do banks need?
RBI rules cap the loan at 90% of the property value for loans up to ₹30 lakh, 80% for ₹30–75 lakh and 75% above ₹75 lakh, so plan for a 10–25% down payment plus stamp duty and registration.
Is the Home Loan Calculator free to use?
Yes. The Home Loan Calculator on IPO Darbaar is free, needs no sign-up and works on mobile and desktop.
Is my data saved anywhere?
No. All calculations run in your browser; the numbers you enter are not sent to or stored on our servers.