HDFC Home Loan EMI Calculator – SuGanta

The HDFC Home Loan EMI Calculator helps you quickly estimate your monthly EMIs by entering the loan amount, interest rate, and tenure. This tool gives a clear view of your repayment plan, helping you budget better and make informed home loan decisions.

With competitive interest rates and flexible terms, HDFC Bank makes home buying easier. Use the calculator to explore loan options and choose a plan that suits your financial goals.

Key Features of the ICICI Bank Home Loan EMI Calculator

1. Accurate EMI Calculation: Enter your loan amount, interest rate, and tenure to get precise monthly EMI estimates, ensuring better financial planning.
2. Saves Time: Instantly calculate your home loan EMIs online—no manual calculations required.
3. Personalized Loan Planning: Adjust inputs to compare different loan scenarios and choose the best repayment plan for your budget.
4. Amortization Schedule: Get a clear breakup of your principal and interest over the loan tenure to understand your repayment structure.
5. Better Decision-Making: Make informed home loan decisions by analyzing affordability and repayment options with real-time data.

Home Loan EMI Calculation Formula – HDFC Bank

The EMI (Equated Monthly Installment) for a home loan is calculated using the standard formula:

Where:

• P = Principal loan amount
• R = Monthly interest rate = Annual rate ÷ 12 ÷ 100
• N = Loan tenure in months

Example

Let’s calculate EMI for a ₹40 lakh home loan from HDFC Bank at an 8.50% annual interest rate for 20 years (240 months):

• P = ₹40,00,000
• R = 8.50 / 12 / 100 = 0.007083
• N = 240 months

So, your estimated monthly EMI for a ₹40 lakh HDFC Home Loan at 8.50% interest over 20 years would be approximately ₹34,579.