Standard reducing-balance EMI formula, the same method banks use. Actual offers add processing fees, insurance, and rate spreads based on your credit profile - treat this as the baseline instalment for comparing loans, not a sanctioned quote.
50 lakh EMI across rates and tenures
Monthly EMI for a ₹50 lakh loan at each combination. Longer tenure lowers the EMI but raises total interest sharply.
| Tenure | 8% | 8.5% | 9% | 9.5% | 10% |
|---|---|---|---|---|---|
| 10 years | ₹60,664 | ₹61,993 | ₹63,338 | ₹64,699 | ₹66,075 |
| 15 years | ₹47,783 | ₹49,237 | ₹50,713 | ₹52,211 | ₹53,730 |
| 20 years | ₹41,822 | ₹43,391 | ₹44,986 | ₹46,607 | ₹48,251 |
| 25 years | ₹38,591 | ₹40,261 | ₹41,960 | ₹43,685 | ₹45,435 |
| 30 years | ₹36,688 | ₹38,446 | ₹40,231 | ₹42,043 | ₹43,879 |
How the balance falls (8.5%, 20 years)
| After year | Interest paid that year | Principal paid that year | Outstanding balance |
|---|---|---|---|
| 1 | ₹4,21,183 | ₹99,509 | ₹49,00,491 |
| 5 | ₹3,81,054 | ₹1,39,638 | ₹44,06,371 |
| 10 | ₹3,07,423 | ₹2,13,269 | ₹34,99,722 |
| 15 | ₹1,94,966 | ₹3,25,726 | ₹21,14,995 |
| 20 | ₹23,210 | ₹4,97,482 | ₹101 |
Frequently asked questions
At 8.5% interest for 20 years, the EMI on a ₹50 lakh home loan is ₹43,391 per month. Over the full tenure you pay ₹54,13,879 in interest, for a total outlay of ₹1,04,13,879.
₹61,993 per month at 8.5%. The shorter tenure raises the monthly outgo but cuts total interest to ₹24,39,141 - versus ₹54,13,879 over 20 years.
Banks typically cap total EMIs at 40–50% of net monthly income. At the ₹43,391 EMI (8.5%, 20 years), that implies a net monthly income of roughly ₹96,424 or more, assuming no other loans. Exact eligibility varies by lender and credit profile.
At 8.5% over 20 years: ₹54,13,879 - about 108% of the amount borrowed. Dropping to 15 years cuts interest to ₹38,62,656.
Other loan amounts
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Reviewed by Raja Jahangir · Last reviewed: August 2026