Plan your property purchase with our free EMI calculator. Adjust loan amount, interest rate & tenure to find your ideal monthly payment.
Estimate your home loan EMI
* Calculated at 8.5% annual interest. Actual rates may vary by bank.
Input the principal amount you wish to borrow from the bank.
Adjust the annual interest rate based on your bank's offer (typically 8-10%).
Select your preferred repayment period in years (up to 30 years).
EMI = [P × R × (1+R)^N] / [(1+R)^N – 1]
| Bank | Interest Rate (p.a.) | Processing Fee |
|---|---|---|
| SBI Home Loan | 8.50% – 9.15% | Up to 0.35% |
| HDFC Bank | 8.50% – 9.40% | Up to 0.50% |
| ICICI Bank | 8.50% – 9.50% | Up to 2.00% |
| Axis Bank | 8.50% – 9.20% | Up to 1.00% |
| Kotak Mahindra | 8.60% – 9.30% | Up to 2.00% |
| Bank of Baroda | 8.40% – 9.15% | Up to 0.50% |
* Rates are indicative and subject to change. Please verify with the respective bank before applying.
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