₹54.1 L total interest · ₹1.04 Cr total repayable
A ₹50 lakh home loan at a typical rate of 8.5% over 20 years costs about ₹43,391 per month. Across the full 20 years you repay ₹1,04,13,879 — ₹54,13,879 of it interest. Your actual EMI depends on the exact rate and tenure your lender offers, so use the table below.
EMI by interest rate & tenure
Monthly EMI for a ₹50 lakh loan. The highlighted cell is the typical home loan rate and tenure.
| Rate \ Tenure | 10 yr | 15 yr | 20 yr | 25 yr | 30 yr |
|---|---|---|---|---|---|
| 8% | ₹60,664 | ₹47,783 | ₹41,822 | ₹38,591 | ₹36,688 |
| 8.5% | ₹61,993 | ₹49,237 | ₹43,391 | ₹40,261 | ₹38,446 |
| 9% | ₹63,338 | ₹50,713 | ₹44,986 | ₹41,960 | ₹40,231 |
| 9.5% | ₹64,699 | ₹52,211 | ₹46,607 | ₹43,685 | ₹42,043 |
| 10% | ₹66,075 | ₹53,730 | ₹48,251 | ₹45,435 | ₹43,879 |
Just 0.5% lower on this ₹50 lakh loan saves you about ₹3,76,598 over 20 years. Always compare offers from several lenders before signing.
Run your exact EMI →How the EMI is calculated
EMI uses the standard reducing-balance formula: EMI = P × r × (1+r)ⁿ ÷ ((1+r)ⁿ − 1), where P is the loan amount (₹50 lakh), r is the monthly interest rate (annual ÷ 12), and n is the number of months (20 × 12 = 240). Early EMIs are mostly interest; later ones are mostly principal. Figures exclude processing fees, insurance and prepayment. See the full loan & EMI calculator for an amortisation schedule.
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