Home Loan Calculator – Check Home Loan EMI Online | AU Small Finance Bank
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Home Loan EMI Calculator

My loan requirement is INR
2 lakhs
5 crore
I’m looking for an interest rate of %
I can repay the loan in years
1 year
30 years
Principal Amount: 5,00,000
Total Interest: 43,000
Total Amount Payable: 9,43,000

At a rate of: 18% pa
For a duration of: 1 years
Your Monthly EMI will be: 7,80,000
Know more about other EMI Calculators

Home Loan EMI Calculator

    A Home Loan helps you realise the dream of buying a new house. But many home buyers find it difficult to determine the right Home Loan amount or the EMI they'll have to pay. So, it's crucial to know beforehand about the interest rates and the EMI amount you'll be paying. After all, a Home Loan is one of the biggest financial liabilities.

    Now you can get accurate EMI details in an instant with the help of an AU Home Loan Calculator. Before applying for a Home Loan, you can use our online Home Loan EMI calculator to determine the EMI and the total interest out go

How to Use AU Home Loan EMI Calculator?

  • Enter your Home Loan requirement, interest rate, and desired loan repayment tenure
  • You can also use the sliding bar provided with each field to change the data without typing
  • The AU Housing Loan Calculator will show the result in real-time as soon as you enter the home loan details

Benefits of Using a Home Loan EMI Calculator

  • One of the greatest benefits of a Home Finance Calculator is it helps you plan your finances
  • You don't even need to furnish your personal details
  • To use this, you need to provide details such as loan amount, interest rate, and loan tenure to know the EMI amount instantly
  • It helps to save time as you can modify the data multiple times to see its effect on the EMI amount and the loan tenure
  • So, you can plan your budget accordingly once you get a clear picture of your future loan repayment liabilities



Q1. What Is a Home Loan EMI?

  • Home Loan EMI is the fixed amount a borrower has to pay every month towards the repayment of the Home Loan, comprising both principal and interest
  • The borrower continues paying the EMI until the loan is fully repaid
  • The EMI amount depends on various factors like the loan amount, interest, loan repayment tenure, credit score, location, job & others
  • Use our free online Home Loan Calculator to know the right Home Loan and EMI amount for you

Q2. How Is Home Loan EMI Calculated?

Following is the formula to calculate Housing Loan EMI

EMI = P x R x (1+R)^N / [(1+R)^N-1] 


  • P is the borrowed principal Home Loan amount,
  • N stands for Home Loan repayment tenure in months,
  • R stands for rate of interest

You don't need to apply the above formula to calculate Home Loan EMIs manually. Instead, use AU Small Finance Bank's online Home Loan EMI Calculator and get instant results automatically.

Q3. How Is a Home Loan EMI to Be Paid?

The process has become much simpler now thanks to automated debit facilities like Standing Instructions or NACH (National Automated Clearing House) mandate.

  • Under this system, your Home Loan account would be connected to your Bank Account
  • The Home Loan EMI amount will be automatically debited from your Bank Account on a specific date and will be used to settle your EMI due for the month
  • So ensure your Bank Account has adequate funds on the EMI payment date

Q4. Why Home Loan from AU Small Finance Bank?

  • AU Small Finance Bank has a wide presence in rural and urban areas
  • Attractive interest rates and no hidden charges
  • Wide range of loan options - Click here to know all our home loan options
  • Maximum loan tenure is up to 30 years for salaried employees & 20 years for self-employed individuals
  • Doorstep services

Q5. How Can I Reduce My Housing Loan Interest Rate?

  • Opt for Floating Rate Loans

While fixed-rate loans ensure your interest rate does not change for the entire duration, they are typically higher than floating-rate loans. If you foresee that the interest rates will reduce in the future, opt for floating-rate loans.

Use the Housing Loan EMI Calculator to see the effect of different interest rates on your total EMI and interest outgo.

  • Opt for Home Loan Balance Transfer

If you already have an existing Home Loan and find it to be expensive, you can opt for AU Small Finance Bank's Home Loan Balance Transfer option to get loans at competitive rates and reduce your loan burden.

  • Improve Your Credit Score

A good credit score suggests high creditworthiness and reliability of the borrower. So, a higher credit score can help you get low-interest rates on your loan.


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