Monthly EMI: 0
Principal Amount: 0
Interest Payable: 0
The monthly part-payment that you make to repay your Home Loan or Mortgage Loan is known as an Equated Monthly Instalment (EMI). This monthly payment includes repayment of the principal loan amount spread over the tenure, along with the applicable interest charged on the outstanding home loan balance.
Ruloans Home Loan EMI Calculator is an essential digital tool designed to help you make well-informed decisions before applying for a home loan. This calculator performs complex EMI calculations instantly, helping you plan your home loan efficiently at optimal repayment levels.
Home Loan EMI is calculated by dividing the total repayment amount across the loan tenure (in months), factoring in both the principal amount and the interest payable. The standard formula used is:
EMI = [ P × R × (1 + R)N ] / [ (1 + R)N − 1 ]
Where:
Ruloans online digital tools allow you to calculate your Home Loan EMI easily, quickly, and accurately — without any manual calculations.
You don’t need to type values manually. The intuitive slider-based interface lets you select suitable values and view instant results. Simply move the sliders to adjust:
As you move the sliders, the Ruloans Home Loan EMI Calculator automatically updates the EMI amount, total interest payable, and total repayment value in real time. These calculations are instant and accurate, powered by our proprietary EMI calculation engine.