Loan EMI and repayment
Enter the amount, the rate and the term to see the monthly payment, what the loan costs in total, and how much of each year goes to interest rather than principal.
What this does not include
- Processing fees, insurance, stamp duty and any pre-payment penalty.
- Floating rates. Most home loans reset with the repo rate, so the EMI or the term changes part-way.
- Tax deductions on interest or principal — those depend on the loan type and your regime.
- The schedule assumes payments are made on time, every month, with no missed instalments.