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.
75 lakh EMI across rates and tenures
Monthly EMI for a ₹75 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 | ₹90,996 | ₹92,989 | ₹95,007 | ₹97,048 | ₹99,113 |
| 15 years | ₹71,674 | ₹73,855 | ₹76,070 | ₹78,317 | ₹80,595 |
| 20 years | ₹62,733 | ₹65,087 | ₹67,479 | ₹69,910 | ₹72,377 |
| 25 years | ₹57,886 | ₹60,392 | ₹62,940 | ₹65,527 | ₹68,153 |
| 30 years | ₹55,032 | ₹57,669 | ₹60,347 | ₹63,064 | ₹65,818 |
How the balance falls (8.5%, 20 years)
| After year | Interest paid that year | Principal paid that year | Outstanding balance |
|---|---|---|---|
| 1 | ₹6,31,774 | ₹1,49,270 | ₹73,50,730 |
| 5 | ₹5,71,578 | ₹2,09,466 | ₹66,09,520 |
| 10 | ₹4,61,127 | ₹3,19,917 | ₹52,49,488 |
| 15 | ₹2,92,434 | ₹4,88,610 | ₹31,72,312 |
| 20 | ₹34,790 | ₹7,46,093 | ₹0 |
Frequently asked questions
At 8.5% interest for 20 years, the EMI on a ₹75 lakh home loan is ₹65,087 per month. Over the full tenure you pay ₹81,20,818 in interest, for a total outlay of ₹1,56,20,818.
₹92,989 per month at 8.5%. The shorter tenure raises the monthly outgo but cuts total interest to ₹36,58,712 - versus ₹81,20,818 over 20 years.
Banks typically cap total EMIs at 40–50% of net monthly income. At the ₹65,087 EMI (8.5%, 20 years), that implies a net monthly income of roughly ₹1,44,638 or more, assuming no other loans. Exact eligibility varies by lender and credit profile.
At 8.5% over 20 years: ₹81,20,818 - about 108% of the amount borrowed. Dropping to 15 years cuts interest to ₹57,93,984.
Other loan amounts
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Reviewed by Raja Jahangir · Last reviewed: August 2026