How does the SBI home loan EMI calculator work?

Reducing-balance EMI. Rate is an editable starting point — verify against the lender's current rate card. The result is an estimate in Indian rupees, not a quote from any lender, bank or fund.

Are the default rates current?

No. Defaults are illustrative starting points. Verify the current rate against the lender's or fund's latest rate card before making a decision.

Is the SBI home loan EMI calculator free to use?

Yes. It runs in your browser, with no login and no inputs sent to a server.

Calculator

SBI home loan EMI calculator

Home-loan EMI with SBI-style defaults.

Loan amount (₹)

≈ ₹50.00 L

Interest rate (% p.a.)

Tenure (years)

Monthly EMI: ₹44,186
Total interest: ₹56,04,529
Total payment: ₹1,06,04,529

Principal ₹50,00,000(47%)
Interest ₹56,04,529(53%)

Outstanding balance ₹49.03 LYear 1 → 20

Year-by-year schedule

Year	Principal paid	Interest paid	Balance
1	₹96,537	₹4,33,689	₹49,03,463
2	₹1,05,331	₹4,24,895	₹47,98,132
3	₹1,14,926	₹4,15,300	₹46,83,205
4	₹1,25,396	₹4,04,831	₹45,57,810
5	₹1,36,819	₹3,93,408	₹44,20,991
6	₹1,49,282	₹3,80,944	₹42,71,709
7	₹1,62,881	₹3,67,345	₹41,08,827
8	₹1,77,719	₹3,52,507	₹39,31,108
9	₹1,93,909	₹3,36,318	₹37,37,200
10	₹2,11,573	₹3,18,654	₹35,25,627
11	₹2,30,846	₹2,99,380	₹32,94,781
12	₹2,51,875	₹2,78,351	₹30,42,905
13	₹2,74,820	₹2,55,406	₹27,68,085
14	₹2,99,855	₹2,30,371	₹24,68,230
15	₹3,27,171	₹2,03,056	₹21,41,059
16	₹3,56,975	₹1,73,252	₹17,84,085
17	₹3,89,493	₹1,40,733	₹13,94,591
18	₹4,24,975	₹1,05,252	₹9,69,616
19	₹4,63,688	₹66,538	₹5,05,928
20	₹5,05,928	₹24,298	₹0

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Maths: Reducing-balance EMI. Rate is an editable starting point — verify against the lender's current rate card. Verify rates against the lender's or fund's current card before acting.

Questions about this calculator

How does the SBI home loan EMI calculator work?: Reducing-balance EMI. Rate is an editable starting point — verify against the lender's current rate card. The result is an estimate in Indian rupees, not a quote from any lender, bank or fund.
Are the default rates current?: No. Defaults are illustrative starting points. Verify the current rate against the lender's or fund's latest rate card before making a decision.
Is the SBI home loan EMI calculator free to use?: Yes. It runs in your browser, with no login and no inputs sent to a server.