From the property price and your down payment: loan amount, loan-to-value, EMI and the total cost including fees.
From the property price to the EMI
The loan is the price minus your down payment. The calculator shows the loan-to-value (loan ÷ price), the EMI on a reducing balance, the total interest, and the total cost of the home: down payment, every EMI and the fees you enter.
Loan = price − down payment; EMI = P × r × (1 + r)^n ÷ ((1 + r)^n − 1)
What changes the result
- A longer tenure lowers the EMI but raises the total interest.
- A larger down payment lowers the loan, the EMI and the interest.
- Most home loans have a floating rate, so the EMI or tenure changes when the rate changes; the calculator assumes the rate you enter stays the same.
Costs to plan for
Lenders finance only part of the price; stamp duty, registration and some other costs are usually paid from your own money. Use the stamp duty estimate for those, and ask the lender for its key fact statement, which lists every fee.
Results are worked out from the numbers you enter and are for planning only. They are not an offer, an approval or financial advice. Finobazaar does not assume any lender's rate or rules; the lender's loan agreement and its key fact statement decide the actual EMI and charges.