Home Loan Calculator: All Bank Home Loan Calculator

Here are online Home Loan Calculator you can use for SBI, HDFC, ICICI, BOI (Bank of India), BOB (Bank of Baroda), Axis, PNB, Canara Bank, IDBI, Bank of Maharashtra, UCO Bank, Indian Bank, UBI (Union Bank of India) and more. These tools help you estimate monthly EMIs, total interest payable, and plan your home loan repayments easily by entering your loan amount, interest rate & tenure

Home Loan EMI Calculator

1. EMI Formula

$$\text{EMI} = \frac{P \times R \times (1+R)^N}{(1+R)^N – 1}$$EMI=(1+R)N−1P×R×(1+R)N​

Where:

• P = Loan amount
• R = Monthly interest rate (Annual rate ÷ 12 ÷ 100)
• N = Loan tenure (in months)

2. Example Calculation (India)

• Loan Amount (P): ₹50,00,000
• Interest Rate: 8.5% per annum
• Tenure: 20 years (240 months)

Monthly Interest Rate (R):
8.5 ÷ 12 ÷ 100 = 0.007083

➡ EMI ≈ ₹43,391 per month

3. Loan Breakdown

• Monthly EMI: ₹43,391
• Total Payment: ₹1,04,13,840
• Total Interest: ₹54,13,840

4. Want Instant Calculation ?

You can also calculate online using bank calculators:

• SBI Home Loan Calculator
• HDFC Home Loan Calculator
• LIC Housing Finance EMI Calculator

5. I can calculate for you

Tell me:

1. Loan amount
2. Interest rate
3. Tenure (years)

I’ll calculate exact EMI, interest, and amortization schedule for you

Bank-Specific EMI Calculators (Direct Tools)

1. SBI (State Bank of India) Home Loan EMI Calculator
Use SBI’s calculator to estimate your home loan EMI instantly; enter loan amount, interest rate and tenure.

2. HDFC Home Loan EMI Calculator
HDFC Bank’s official online calculator helps you calculate EMIs based on your loan parameters.

3. ICICI Bank Home Loan EMI Calculator
ICICI Bank’s tool estimates monthly EMIs quickly with simple inputs.

4. Bank of Maharashtra Home Loan EMI Calculator
Official EMI tool on Bank of Maharashtra’s website – enter loan amount, rate & tenure.

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Other Options/Generic Calculators

• These support any lender including the banks you listed:
• Groww Home Loan EMI Calculator – general (supports SBI, etc.)
• ClearTax Home Loan EMI Calculator – works for Indian Bank and others
• Magicbricks/Bank of India EMI Calculator – includes BOI and generic use
• MoneyKarma Home Loan EMI Calculator – compare multiple banks’ rates

How It Works

To use these calculators:

1. Enter Loan Amount – the principal amount you intend to borrow.
2. Select Interest Rate – (use current offered rate by the bank).
3. Choose Tenure – number of years/months you plan to repay.
4. See Monthly EMI – plus sometimes total interest and total payout.

Tip

Home loan EMIs vary by bank interest rates and tenure – smaller interest rates or longer tenures generally mean lower EMIs (but higher total interest). You can try a few calculators to compare options before applying.