Estimate your monthly instalment, total interest and total repayment before you apply. Move the sliders to see how amount, rate and tenure change your EMI.
Drag the sliders to match your requirement. Results update instantly.
EMI = PรRร(1+R)^N รท [(1+R)^Nโ1], where P is principal, R the monthly rate and N the number of months.
Extending tenure reduces the monthly amount but increases total interest paid.
Even a 0.5% lower rate can save lakhs over a long home loan โ which is why we compare.