₹1 crore home loan EMI calculator
The monthly EMI on a ₹1 crore home loan at every common interest rate and tenure, what it costs in total, and the salary you need to qualify. Change any number below to match your offer.
The short answer
The EMI on a ₹1 crore home loan at 8.5% for 20 years is ₹86,782 per month. Over the full term you pay ₹2,08,27,758: ₹1,00,00,000 principal plus ₹1,08,27,758 interest.
Monthly EMI
₹86,782
Total interest
₹1,08,27,758
Total payable
₹2,08,27,758
EMI = P·r·(1+r)ⁿ / ((1+r)ⁿ−1). Estimates only - confirm exact figures with your lender.
₹1 crore home loan EMI by rate and tenure
Monthly EMI. Rates are a typical range, not a quote from any bank.
| Tenure | 8% | 8.5% | 9% | 9.5% | 10% |
|---|---|---|---|---|---|
| 10 yrs | ₹1,21,328 | ₹1,23,986 | ₹1,26,676 | ₹1,29,398 | ₹1,32,151 |
| 15 yrs | ₹95,565 | ₹98,474 | ₹1,01,427 | ₹1,04,422 | ₹1,07,461 |
| 20 yrs | ₹83,644 | ₹86,782 | ₹89,973 | ₹93,213 | ₹96,502 |
| 25 yrs | ₹77,182 | ₹80,523 | ₹83,920 | ₹87,370 | ₹90,870 |
| 30 yrs | ₹73,376 | ₹76,891 | ₹80,462 | ₹84,085 | ₹87,757 |
How tenure changes the total cost
| Tenure | EMI | Total interest | Total payable |
|---|---|---|---|
| 10 yrs | ₹1,23,986 | ₹48,78,283 | ₹1,48,78,283 |
| 15 yrs | ₹98,474 | ₹77,25,312 | ₹1,77,25,312 |
| 20 yrs | ₹86,782 | ₹1,08,27,758 | ₹2,08,27,758 |
| 25 yrs | ₹80,523 | ₹1,41,56,813 | ₹2,41,56,813 |
| 30 yrs | ₹76,891 | ₹1,76,80,885 | ₹2,76,80,885 |
At 8.5%, choosing 10 years instead of 30 saves ₹1,28,02,603 in interest. A 0.5% lower rate saves about ₹3,138 a month on a 20-year term, so it is worth negotiating.
Salary needed for a ₹1 crore home loan
Lenders usually keep your total EMIs within 40-50% of net monthly income (called FOIR). For a ₹86,782 EMI you need a take-home salary of at least ₹1,73,565, and around ₹2,16,956 to stay comfortable. Existing EMIs reduce what you can borrow.
Year-by-year breakdown
₹1 crore home loan at 8.5% for 20 years.
| Year | Principal paid | Interest paid | Balance left |
|---|---|---|---|
| 1 | ₹1,99,023 | ₹8,42,365 | ₹98,00,977 |
| 2 | ₹2,16,615 | ₹8,24,773 | ₹95,84,362 |
| 3 | ₹2,35,762 | ₹8,05,626 | ₹93,48,601 |
| 4 | ₹2,56,601 | ₹7,84,787 | ₹90,92,000 |
| 5 | ₹2,79,282 | ₹7,62,106 | ₹88,12,718 |
| 6 | ₹3,03,968 | ₹7,37,420 | ₹85,08,750 |
| 7 | ₹3,30,836 | ₹7,10,552 | ₹81,77,915 |
| 8 | ₹3,60,079 | ₹6,81,309 | ₹78,17,836 |
| 9 | ₹3,91,906 | ₹6,49,482 | ₹74,25,930 |
| 10 | ₹4,26,547 | ₹6,14,841 | ₹69,99,382 |
| 11 | ₹4,64,250 | ₹5,77,138 | ₹65,35,132 |
| 12 | ₹5,05,286 | ₹5,36,102 | ₹60,29,846 |
| 13 | ₹5,49,948 | ₹4,91,439 | ₹54,79,898 |
| 14 | ₹5,98,559 | ₹4,42,829 | ₹48,81,339 |
| 15 | ₹6,51,466 | ₹3,89,922 | ₹42,29,873 |
| 16 | ₹7,09,050 | ₹3,32,338 | ₹35,20,823 |
| 17 | ₹7,71,723 | ₹2,69,665 | ₹27,49,100 |
| 18 | ₹8,39,937 | ₹2,01,451 | ₹19,09,164 |
| 19 | ₹9,14,179 | ₹1,27,209 | ₹9,94,984 |
| 20 | ₹9,94,984 | ₹46,403 | ₹0 |
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Frequently asked questions
What is the EMI for a ₹1 crore home loan for 20 years?+
At 8.5% p.a., the EMI on a ₹1 crore home loan for 20 years is ₹86,782 per month. You repay ₹2,08,27,758 in total, of which ₹1,08,27,758 is interest.
How much salary do I need for a ₹1 crore home loan?+
Most lenders keep your total EMIs within 40-50% of net monthly income. For a ₹86,782 EMI that means a take-home salary of at least ₹1,73,565, and ₹2,16,956 or more to be comfortable (assuming no other EMIs).
How much interest will I pay on a ₹1 crore home loan?+
At 8.5%, total interest is ₹48,78,283 over 10 years and ₹1,76,80,885 over 30 years. A shorter tenure raises the EMI but cuts the interest sharply.
How much does a 0.5% lower rate save on a ₹1 crore home loan?+
Dropping from 8.5% to 8% lowers the EMI by about ₹3,138 a month, or ₹7,53,196 over 20 years.
Other home loan amounts
Same amount, different loan: ₹1 crore business loan
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