₹15 Lakh Home Loan EMI
At 8.5% for 20 years
₹13,017/month
At 8.5% interest for 20 years, the EMI on a ₹15 Lakh home loan is ₹13,017 per month. You pay ₹16,24,164 as interest and ₹31,24,164 in total.
EMI by tenure (at 8.5%)
| Tenure | Monthly EMI | Total interest |
|---|---|---|
| 10 years | ₹18,598 | ₹7,31,742 |
| 15 years | ₹14,771 | ₹11,58,797 |
| 20 years | ₹13,017 | ₹16,24,164 |
| 25 years | ₹12,078 | ₹21,23,522 |
| 30 years | ₹11,534 | ₹26,52,133 |
EMI by interest rate (20 years)
| Rate | Monthly EMI | Total interest |
|---|---|---|
| 7.5% | ₹12,084 | ₹14,00,135 |
| 8% | ₹12,547 | ₹15,11,184 |
| 8.5% | ₹13,017 | ₹16,24,164 |
| 9% | ₹13,496 | ₹17,39,013 |
| 9.5% | ₹13,982 | ₹18,55,672 |
Try your own numbers
Monthly EMI
₹13,017
- Loan amount
- ₹15,00,000
- Total interest
- ₹16,24,164
- Total payment
- ₹31,24,164
- Tenure
- 240 months
Estimates only. Actual figures may vary with your bank, fund or policy.
How it worksEMI = P × r × (1+r)ⁿ ÷ ((1+r)ⁿ − 1), where r is the monthly rate and n the number of months.