Don't just see the EMI — see the full picture. Model rate-change scenarios, prepayment savings, tax benefits, and affordability before you sign for a loan you may carry for 20 years.
Built for Indian home loan decisions — EMI, repo-rate risk, and tax in one view
Projection mode
Compare a Simple EMI estimate with the Real full picture — rate shocks, prepayment, tax, and affordability.
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Simple mode: Shows the straightforward EMI, total interest, and repayment schedule.
Values outside the allowed range are automatically adjusted to the nearest valid number.
EMI summary
Estimated monthly EMI
₹25,093
25.09 Thousand per month
You borrow
₹30,00,000
Total interest
₹30,22,368
Total payment
₹60,22,368
Want the full picture?
See rate-change scenarios, prepayment savings, tax benefits, and affordability.
Curious how this is calculated?How it works
Your loan at a glance
Loan amount
₹30,00,000
Tenure
20 years
Rate
8.00% p.a.
Updated projection. EMI ₹25,093. Total interest ₹30,22,368. Total payment ₹60,22,368.
25.09 Thousand
30 Lakhs
30.22 Lakhs
60.22 Lakhs
1. EMI = P × r × (1 + r)^n / ((1 + r)^n − 1), where r is the monthly rate.
2. Each month, interest is charged on the outstanding balance, and the rest of the EMI reduces principal.
These are estimates based on your assumptions and not guaranteed outcomes.
A plain-English read on these numbers — what they mean, the trade-offs, and one thing to try next. Launching soon.
From Year 12 onward, more than half of every EMI rupee goes toward paying down your loan — not interest.
| Year | Principal paid | Interest paid | Closing balance |
|---|---|---|---|
| Year 1 | ₹63,410 | ₹2,37,708 | ₹29,36,590 |
| Year 2 | ₹68,673 | ₹2,32,445 | ₹28,67,917 |
| Year 3 | ₹74,373 | ₹2,26,746 | ₹27,93,544 |
| Year 4 | ₹80,546 | ₹2,20,573 | ₹27,12,998 |
| Year 5 | ₹87,231 | ₹2,13,887 | ₹26,25,768 |
| Year 6 | ₹94,471 | ₹2,06,647 | ₹25,31,296 |
| Year 7 | ₹1,02,312 | ₹1,98,806 | ₹24,28,984 |
| Year 8 | ₹1,10,804 | ₹1,90,314 | ₹23,18,180 |
| Year 9 | ₹1,20,001 | ₹1,81,118 | ₹21,98,180 |
| Year 10 | ₹1,29,961 | ₹1,71,158 | ₹20,68,219 |
Years 1–10 of 20
Before you borrow
Most calculators stop at EMI. Here's what an EMI calculator can't tell you unless you dig deeper — and where in this calculator to explore it.
Most Indian home loans float with the RBI repo rate (currently 5.25%, as of Jul 2026). When the RBI's MPC moves the repo rate, your bank's EBLR-linked rate usually resets within a quarter — use the rate-change scenario below to see the impact before it happens.
Floating rates track the market and can rise or fall with policy changes. Fixed rates are predictable but usually start higher and rarely stay fixed for the entire tenure — read the fine print on reset clauses.
Interest is front-loaded — you pay far more interest in the early years than the later ones. A prepayment in year 2 saves much more interest than the same amount in year 15. Model this in Real mode.
Section 24(b) and 80C deductions on a home loan only apply under the Old tax regime. If you're on the New regime (now the default), you get no deduction — factor that into your real cost of borrowing.
Lenders typically want your total EMIs to stay under 40-50% of take-home income (FOIR). Check where your EMI lands before you commit, not after.
Your EMI is fixed in rupee terms, but if your income grows with inflation, the same EMI becomes a smaller share of your income every year. Real mode shows this decline year by year.
Reference: RBI repo rate 5.25% as of 18 Jul 2026. Reference only, not live data. Most Indian floating-rate home loans are priced as Repo Rate + bank spread under the External Benchmark Lending Rate (EBLR) framework and reset at least once every quarter. Next scheduled MPC meeting: August 3-5, 2026.
Arthvya uses EMI = P x r x (1 + r)^n / ((1 + r)^n - 1), where P is the loan amount, r is the monthly interest rate, and n is the tenure in months.
For planning use only. Rate, tax, and affordability estimates are illustrative and not financial, tax, or lending advice. Outcomes are not guaranteed.
