Home Loan EMI Calculator

HDFC's home loan calculator helps you calculate your Home Loan Emi with ease. HDFC offers home loans with EMIs starting from ₹659 per lac and interest rates starting from 6.90%* p.a. with additional features such as flexible repayment options and top-up loan. With a low-interest rate and long repayment tenure, HDFC ensures a comfortable home loan EMI for you. With our reasonable EMIs, HDFC Home loan is lighter on your pocket. Calculate the EMI that you will be required to pay for your home loan with our easy to understand home loan EMI calculator.

Calculate Home Loan EMI

Rs.
Rs. 1 Lac Rs. 10 Cr
1 30
0 15
19,233
25,00,000
21,15,846
46,15,846

What is Home Loan EMI Calculator?

Home Loan EMI Calculator assists in calculation of the loan installment i.e. EMI towards your home loan. It an easy to use calculator and acts as a financial planning tool for a home buyer.

What is Home Loan EMI?

EMI stands for Equated Monthly Installment. It includes repayment of the principal amount and payment of the interest on the outstanding amount of your home loan. A longer loan tenure (for a maximum period of 30 years) helps in reducing the EMI.

How does EMI calculation help in planning the home purchase?

HDFC’s Home Loan EMI calculator gives a clear understanding of the amount that needs to be paid towards the EMIs and helps make an informed decision about the outflow towards the housing loan every month. This helps estimate the loan amount that can be availed and helps in assessing the own contribution requirements and cost of the property. Therefore knowing the EMI is crucial for calculation of home loan eligibility and planning your home buying journey better.

What are HDFC Home Loans Key Features and Benefits?

  • Home Loans for purchase of a flat, row house, bungalow from private developers in approved projects

  • Home Loans for purchase of properties from Development Authorities such as DDA, MHADA etc

  • Loans for purchase of properties in an existing Co-operative Housing Society or Apartment Owners' Association or Development Authorities settlements or privately built up homes

  • Loans for construction on a freehold / lease hold plot or on a plot allotted by a Development Authority

  • Expert legal and technical counselling to help you make the right home buying decision

  • Integrated branch network for availing and servicing the Home Loans anywhere in India

  • Special arrangement with AGIF for Home Loans for those employed in the Indian Army.

Our tailor made home loans caters to customers of all age groups and employment category. We provide longer tenure loans of up to 30 years, telescopic repayment option, under adjustable rate option that specifically caters to younger customers to become home owners at an early stage of their life.

With our experience of providing home finance for over 4 decades, we are able to understand the diverse needs of our customers and fulfill their dream of owning a home .

How to use HDFC's Home Loan EMI Calculator?

All you need to do is input the following to arrive at your EMI:

  • Loan Amount: Input the desired loan amount that you wish to avail
  • Loan Tenure (In Years): Input the desired loan term for which you wish to avail the housing loan. A longer tenure helps in enhancing the eligibility
  • Interest Rate (% P.A.): Input interest rate.

'Click Here to Know the Prevailing Home Loan Interest Rates'

What is Home Loan Amortization Schedule?

Loan amortization is the process of reducing the debt with regular payments over the loan period. A home loan amortization schedule is a table giving the details of the repayment amount, principal and interest component.

HDFC’s EMI calculators give a fair understanding about the ratio of the principal amount to the interest due, based on the loan tenure and interest rates. EMI calculator also provides an amortization table elucidating the repayment schedule. HDFC’s home loan calculator provides a complete break-up of the interest and principal amount.

HDFC offers various Repayment Plans enhancing Home Loan Eligibility:

HDFC offers various repayment plans for maximizing home loan eligibility to suit diverse needs.

  • Step Up Repayment Facility (SURF)

SURF offers an option where the repayment schedule is linked to the expected growth in your income. You can avail a higher amount of loan and pay lower EMIs in the initial years. Subsequently, the repayment is accelerated proportionately with the assumed increase in your income.

  • Flexible Loan Installments Plan (FLIP)

FLIP offers a customized solution to suit your repayment capacity which is likely to alter during the term of the loan. The loan is structured in such a way that the EMI is higher during the initial years and subsequently decreases in proportion to the income.

  • Tranche Based EMI

If you purchase an under construction property you are generally required to service only the interest on the loan amount drawn till the final disbursement of the loan and pay EMIs thereafter. In case you wish to start principal repayment immediately you may opt to tranche the loan and start paying EMIs on the cumulative amounts disbursed.

  • Accelerated Repayment Scheme

This option provides you the flexibility to increase the EMIs every year in proportion to the increase in your income which will result in you repaying the loan much faster.

  • Telescopic Repayment Option

With this option you get a longer repayment tenure of up to 30 years. This means an enhanced loan amount eligibility and smaller EMIs.

Estimate EMIs of your housing loan by using our feature rich EMI calculator, now!

After getting an estimate of EMI using the calculator, you can apply for a home loan online from the comfort of your living room easily with Online Home Loans by HDFC.

What is a Pre-Approved Home Loan?

HDFC also offers a facility of a pre-approved home loan even before you have identified your dream home. A pre-approved home loan is an in-principal approval for a loan given on the basis of your income, creditworthiness and financial position. Click here to know more.

Apply for a home loan online with HDFC, click Apply Online

In case you would like us to get in touch with you, kindly leave your details with us.

Click here to know more about home loans.

Home Loan Amortization Schedule

YearOpening BalanceEMI*12Interest paid yearlyPrincipal paid yearlyClosing Balance
125,00,0002,30,7921,70,62160,17224,39,828
224,39,8282,30,7921,66,33564,45723,75,371
323,75,3712,30,7921,61,74469,04823,06,323
423,06,3232,30,7921,56,82673,96622,32,357
522,32,3572,30,7921,51,55879,23421,53,122
621,53,1222,30,7921,45,91584,87820,68,244
720,68,2442,30,7921,39,86990,92319,77,321
819,77,3212,30,7921,33,39397,39918,79,922
918,79,9222,30,7921,26,4561,04,33617,75,586
1017,75,5862,30,7921,19,0251,11,76816,63,818
1116,63,8182,30,7921,11,0641,19,72815,44,090
1215,44,0902,30,7921,02,5361,28,25614,15,834
1314,15,8342,30,79293,4021,37,39112,78,443
1412,78,4432,30,79283,6161,47,17611,31,267
1511,31,2672,30,79273,1331,57,6599,73,608
169,73,6082,30,79261,9041,68,8888,04,719
178,04,7192,30,79249,8751,80,9176,23,802
186,23,8022,30,79236,9891,93,8034,29,999
194,29,9992,30,79223,1862,07,6062,22,393
202,22,3932,30,7928,3992,22,3930

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Home Loan FAQs

EMI refers to the ‘Equated Monthly Installment’ which is the amount you will pay to us on a specific date each month till the loan is repaid in full. The EMI comprises of the principal and interest components which are structured in a way that in the initial years of your loan, the interest component is much larger than the principal component, while towards the latter half of the loan, the principal component is much larger.

Home loans are availed either for purchase of an under-construction or a ready property from a developer, purchase of a resale property, to construct a housing unit on a plot of land, to make improvements and extensions to an already existing house and to transfer your existing home loan from a financial institution to HDFC.

A HDFC home loan provides numerous benefits such as facility to apply online, quick loan processing, attractive interest rates, customized repayment options and simple &hassle-free documentation.

You can avail a HDFC home loan online in 4 quick and easy steps:
1. Sign Up / Register
2. Upload Documents
3. Pay Processing Fee
4. Get Loan Approval

You can now apply for a home loan online. Visit https://portal.hdfc.com/ to apply now!.

We will determine your Home Loan Eligibility largely by your income and repayment capacity. Other important factors include your age, qualification, number of dependants, your spouse's income (if any), assets & liabilities, savings history and the stability & continuity of occupation.

You can apply for a Home Loan whilst you are working abroad, to plan for your return to India in the future. You can apply at any time once you have decided to purchase or construct a property, even if you have not selected the property or the construction has not commenced.

EMI's begins from the month subsequent to the month in which disbursement of the loan is done. For loans for under-construction properties EMI usually begins after the complete home loan is disbursed but customers can choose to begin their emi’s as soon as they avail their fist disbursement and their emi’s will increase proportionately with every subsequent  disbursement.For resale cases,since the whole loan amount is disbursed in one go,emi on the whole loan amount start from the subsequent to the  month of disbursment

Once we receive your request for disbursement, we will disburse the loan in full or in installments, which usually do not exceed three in number. In case of an under construction property, we will disburse your loan in installments based on the progress of construction, as assessed by us and not necessarily according to the developer’s agreement. You are advised in your own interest to enter into an agreement with the developer wherein the payments are linked to the construction work and not pre-defined on a time-based schedule.

You are required to pay 10-25% of the total property cost as  ‘own contribution depending upon the loan amount. 75 to 90% of the property cost is what can be availed as a home loan. In case of construction, home improvement and home extension loans, 75 to 90% of the construction/improvement/extension estimate can be funded.

The following types of Home Loans products are usually offered by Housing Finance Institutions: Home Loans: These are Loans availed for:

1. The purchase of a flat, row house, bungalow from private developers in approved projects;

2.Home Loans for purchase of properties from Development Authorities such as DDA, MHADA as well as Existing Co-operative Housing Societies, Apartment Owners' Association or Development Authorities settlements or privately built up homes;

3.Loans for construction on a freehold / lease hold plot or on a plot allotted by a Development Authority

Plot Purchase Loan: Plot purchase loans are availed for purchase of a plot through direct allotment or a second sale transaction as well as to transfer your existing plot purchase loan availed from another bank /financial Institution.

Balance Transfer Loan: Transferring your outstanding home loan availed from another Bank / Financial Institution to HDFC is known as a balance transfer loan .

Home Improvement Loan: It is a loan for renovating(without altering the structure/carpet area) your home in many ways such as tiling ,flooring, internal / external plaster and painting etc.

Home Extension Loan: It is a loan to extend or add space to your home such as additional rooms and floors etc.

Top Up Loans: Loans that can be availed for personal and professional needs(other than for speculative purposes) like marriage, Child's education, business expansion, debt consolidation etc.

Loan against Property (LAP): It is a loan against fully constructed, freehold residential and commercial properties for: Personal and Business Needs(other than for speculative purposes) like marriage, medical expenses and child's education etc. Existing Loan Against Property(LAP) from other banks and financial institutions can also be transferred to HDFC.

HDFC disburses loans for under construction properties in installments based on the progress of construction. Every installment disbursed is know as a 'part' or a 'subsequent' disbursement.

Yes home loan interest rates for women are lower than those applicable to others. Women have to be a owner /co owner in the property for which the home loan will be availed as well as a applicant /co applicant in the HDFC home loan to avail a concession on the home loan interest rate applicable to others.

You can apply for a pre approved home loan which is an in-principal approval for a loan given on the basis of your income, creditworthiness and financial position. Generally, pre-approved loans are taken prior to property selection and are valid for a period of 6 months from the date of sanction of the loan.

For your convenience, HDFC offers various modes for repayment of the home loan. You may issue standing instructions to your banker to pay the installments through ECS (Electronic Clearing System), opt for direct deduction of monthly installments by your employer or issue post-dated cheques from your salary account.

A home loan is usually repaid through Equated Monthly Instalments (EMI).The EMI comprises of the principal and interest components which are structured in a way that in the initial years of your loan, the interest component is much larger than the principal component, while towards the latter half of the loan, the principal component is much larger.