Home Loan EMI Calculator

Slide or type — get your EMI, interest breakup, amortization and tax benefits.

Principal Interest  
Monthly EMI ₹0
Loan amount ₹0
Total interest ₹0
Total payment ₹0

Amortization schedule (year by year)

Home loan tax benefits

Under the old tax regime, a home loan gives two yearly deductions: up to ₹2 lakh on interest (Section 24b) and up to ₹1.5 lakh on principal (Section 80C). These are not available in the new regime, so weigh them when picking your regime with our income tax calculator.

FAQs

What tax benefits do I get on a home loan?

Old regime: up to ₹2 lakh a year on interest (Section 24b) and up to ₹1.5 lakh on principal (Section 80C). Not available in the new regime.

What is an amortization schedule?

A year-by-year breakup of your EMIs — how much goes to principal vs interest, and the balance left. Early years are interest-heavy.

How much down payment should I pay?

Usually 10-20% of the property value. A bigger down payment lowers your EMI and total interest.