Home Loans Calculators
Calculate home loan affordability, home loan amortization and home loan balance transfer and other home loans calculations.
A home loan is the largest and longest debt most people take on, so small choices — a bigger down payment, a shorter tenure, occasional prepayments — move the total cost by lakhs. These calculators follow the loan from before you apply to years into repaying it.
Which Home Loans calculator do you need?
- How much can I borrow?Home Loan Eligibility CalculatorMaximum loan from your income, existing EMIs and the share of income a lender allows for repayments.
- What price of home can I afford?Home Loan Affordability CalculatorAdds your available down payment to the loan you are eligible for.
- How much down payment will I need?Home Loan Down Payment CalculatorSplits the price into down payment and loan at the lender's loan-to-value ratio.
- How much interest will prepaying save?Home Loan Prepayment CalculatorApplies an extra monthly payment and shows interest saved and months cut.
- Is moving my loan to another lender worth it?Home Loan Balance Transfer CalculatorCompares remaining interest now with the new lender's total, net of transfer fees.
- How much of this year's EMIs is interest?Home Loan Amortization CalculatorPrincipal and interest split for any single year of the loan.
All Home Loans Calculators
Early prepayments save the most
In the first years of a long home loan most of each EMI is interest, because the balance is at its largest. An extra payment then reduces the balance that every later month's interest is charged on, so the same amount prepaid in year two saves far more than in year eighteen. The prepayment and amortization calculators show this for your own loan.
Limitations
- Assumes a fixed rate; most home loans float and their rate resets over time.
- Eligibility and loan-to-value limits are lender decisions; results are estimates.
Home Loans Guides
Home Loan Prepayment vs Balance Transfer — Which Saves More?
Prepayment reduces your principal directly using money you already have; balance transfer moves your existing balance to a cheaper lender without needing extra cash upfront, for a one-time fee. Which saves more depends on whether you have surplus funds to prepay and how much cheaper the new lender's rate actually is — they aren't mutually exclusive either.
Read guideHow a Home Loan Amortization Schedule Works
Even though your EMI stays constant, its split between interest and principal shifts dramatically over the loan's life — interest dominates in the early years and principal takes over as the outstanding balance shrinks.
Read guideHow a Larger Down Payment Changes Your Loan and EMI
Putting down ₹5 lakh more on the same ₹50 lakh home shrinks the loan from ₹40 lakh to ₹35 lakh — and at the same rate and tenure, that translates into a real, sizeable drop in the monthly EMI.
Read guideHow Much Home Loan Can You Afford?
Lenders typically cap your total EMIs (existing plus new) at 40-50% of your monthly income — called FOIR, your Fixed Obligation to Income Ratio. That cap, combined with the interest rate and tenure you're offered, sets your maximum loan amount; add your planned down payment to get the total home price you can afford.
Read guideHow to Reduce Your Home Loan EMI
Three levers actually reduce your home loan EMI or total cost: making a lump-sum prepayment toward the principal, transferring the balance to a lender offering a lower rate, or extending the tenure (which lowers the EMI but increases total interest) — prepayment and balance transfer are usually the better options if your goal is paying less overall, not just a smaller monthly number.
Read guide