How is EMI calculated?

EMI = P × r × (1+r)^n / ((1+r)^n − 1), where P is the principal, r is the monthly interest rate, and n is the number of monthly instalments.

Does a longer tenure reduce my EMI?

Yes — a longer tenure lowers the monthly EMI but increases the total interest you pay over the life of the loan.

Can Pune Home help me get a loan?

Yes. We have tie-ups with leading banks and NBFCs and offer end-to-end home-loan facilitation at no extra cost to you.

Home loans

Home Loan EMI Calculator

Estimate your monthly instalment, total interest, and full repayment schedule. Adjust the sliders to plan your budget.

Loan amount₹80 L

Eighty Lakh Rupees

Interest rate (p.a.)8.50%

Tenure20 yr

Monthly EMI

₹69,426

48%
principal

Principal: ₹80 L
Total interest: ₹86.62 L
Total payable: ₹1.67 Cr

How EMI works

Your EMI covers both principal and interest. Early on, more of it goes to interest; later, more to principal.

Lower your interest

A larger down payment or shorter tenure cuts total interest. Even a 0.25% rate drop saves lakhs over 20 years.

What you'll need

Income proof, KYC, and property documents. Pune Home facilitates loans with leading banks at no extra cost.

Frequently asked questions

EMI (Equated Monthly Instalment) is the fixed amount you pay your lender every month, combining principal repayment and interest, until the loan is fully repaid.