Home Loan EMI Calculator
Specialized home loan EMI calculator with tax benefit estimates under Section 80C and Section 24(b).
Adjust Inputs
Real-Time UpdatePayable monthly
Total interest over tenure
Sec 24(b): ₹2,00,000 | Sec 80C: ₹99,509
Visual Breakdown
Interactive GraphicDetailed Breakdown & Amortization Schedule
Showing 10 of 20 periods
| Year | Opening Loan | Annual EMI | Principal Repaid | Interest Paid | Closing Balance |
|---|---|---|---|---|---|
| Year 1 | ₹50,00,000 | ₹5,20,692 | ₹99,509 | ₹4,21,183 | ₹49,00,491 |
| Year 2 | ₹49,00,491 | ₹5,20,692 | ₹1,08,305 | ₹4,12,387 | ₹47,92,185 |
| Year 3 | ₹47,92,185 | ₹5,20,692 | ₹1,17,878 | ₹4,02,814 | ₹46,74,307 |
| Year 4 | ₹46,74,307 | ₹5,20,692 | ₹1,28,298 | ₹3,92,394 | ₹45,46,009 |
| Year 5 | ₹45,46,009 | ₹5,20,692 | ₹1,39,638 | ₹3,81,054 | ₹44,06,371 |
| Year 6 | ₹44,06,371 | ₹5,20,692 | ₹1,51,981 | ₹3,68,711 | ₹42,54,390 |
| Year 7 | ₹42,54,390 | ₹5,20,692 | ₹1,65,415 | ₹3,55,277 | ₹40,88,976 |
| Year 8 | ₹40,88,976 | ₹5,20,692 | ₹1,80,036 | ₹3,40,656 | ₹39,08,940 |
| Year 9 | ₹39,08,940 | ₹5,20,692 | ₹1,95,949 | ₹3,24,743 | ₹37,12,991 |
| Year 10 | ₹37,12,991 | ₹5,20,692 | ₹2,13,269 | ₹3,07,423 | ₹34,99,722 |
- Under Section 24(b), you can claim up to ₹2,00,000 deduction on home loan interest for a self-occupied property in the Old Tax Regime.
- Under Section 80C, principal repayment up to ₹1,50,000 can be claimed (clubbed with other 80C investments).
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Understanding the Home Loan EMI Calculator
This calculator provides real-time, mathematically verified computations for Indian tax payers, investors, and businesses. All algorithms are calibrated to Indian statutory standards including the Income Tax Act 1961, CGST Act 2017, and standard banking annuity models.
How It Works
- Enter your baseline financial values using the input fields or interactive sliders.
- Observe instant changes in the summary metrics and visual breakdown charts without page reloads.
- Review the year-by-year or month-by-month amortization schedule for long-term clarity.
- Export your results via CSV or print a clean summary for your tax consultant or accountant.
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