How is Home Loan EMI calculated?

Home Loan EMI is calculated using the standard reducing balance formula: E = P * r * (1 + r)^n / ((1 + r)^n - 1), where P is principal, r is monthly interest rate, and n is tenure in months.

What is an amortization schedule?

An amortization schedule is a complete table of periodic loan payments, showing the amount of principal and the amount of interest that comprise each payment until the loan is paid off at the end of its term.

Home Loan EMI Calculator

Calculate your exact monthly mortgage payment and view how much of your EMI goes towards interest vs. principal over the lifetime of your loan.

＋Equis / Liability Analytics

FORM AMRT · REV. 02

Loan Amount

Principal

₹

Interest Rate

Annual Rate (Reducing)

Tenure

Duration in Months

LIABILITY

Cost of Debt Ledger

Base EMI (Without GST)₹43,391/mo

Total Bank Interest+₹54,13,879

Total Repayment₹1,04,13,879

Base EMI₹43,391

Total Repayment₹1,04,13,879