The EMI on a ₹1 crore home loan is ₹86,782 at 8.5% interest over 20 years. Over the full tenure you pay ₹1.08 crore in interest, so you repay ₹2.08 crore in total.
EMI on ₹1 crore (8.5%, 20 years)
₹86,782
- Total interest
- ₹1.08 crore
- Total repaid
- ₹2.08 crore
- Interest as share of loan
- 108%
EMI on ₹1 crore by interest rate and tenure
| Rate | 10 years | 15 years | 20 years | 25 years | 30 years |
|---|---|---|---|---|---|
| 7.5% | ₹1,18,702 | ₹92,701 | ₹80,559 | ₹73,899 | ₹69,921 |
| 8% | ₹1,21,328 | ₹95,565 | ₹83,644 | ₹77,182 | ₹73,376 |
| 8.5% | ₹1,23,986 | ₹98,474 | ₹86,782 | ₹80,523 | ₹76,891 |
| 9% | ₹1,26,676 | ₹1,01,427 | ₹89,973 | ₹83,920 | ₹80,462 |
| 9.5% | ₹1,29,398 | ₹1,04,422 | ₹93,213 | ₹87,370 | ₹84,085 |
| 10% | ₹1,32,151 | ₹1,07,461 | ₹96,502 | ₹90,870 | ₹87,757 |
Total interest on ₹1 crore by tenure
| Tenure | EMI | Total interest | Total repaid |
|---|---|---|---|
| 10 years | ₹1,23,986 | ₹48.78 lakh | ₹1.49 crore |
| 15 years | ₹98,474 | ₹77.25 lakh | ₹1.77 crore |
| 20 years | ₹86,782 | ₹1.08 crore | ₹2.08 crore |
| 25 years | ₹80,523 | ₹1.42 crore | ₹2.42 crore |
| 30 years | ₹76,891 | ₹1.77 crore | ₹2.77 crore |
Year-by-year repayment of ₹1 crore
| Principal repaid | Interest paid | Balance left | |
|---|---|---|---|
| Year 1 | ₹1.99 lakh | ₹8.42 lakh | ₹98.01 lakh |
| Year 2 | ₹2.17 lakh | ₹8.25 lakh | ₹95.84 lakh |
| Year 3 | ₹2.36 lakh | ₹8.06 lakh | ₹93.49 lakh |
| Year 4 | ₹2.57 lakh | ₹7.85 lakh | ₹90.92 lakh |
| Year 5 | ₹2.79 lakh | ₹7.62 lakh | ₹88.13 lakh |
| Year 6 | ₹3.04 lakh | ₹7.37 lakh | ₹85.09 lakh |
| Year 7 | ₹3.31 lakh | ₹7.11 lakh | ₹81.78 lakh |
| Year 8 | ₹3.6 lakh | ₹6.81 lakh | ₹78.18 lakh |
| Year 9 | ₹3.92 lakh | ₹6.49 lakh | ₹74.26 lakh |
| Year 10 | ₹4.27 lakh | ₹6.15 lakh | ₹69.99 lakh |
| Year 11 | ₹4.64 lakh | ₹5.77 lakh | ₹65.35 lakh |
| Year 12 | ₹5.05 lakh | ₹5.36 lakh | ₹60.3 lakh |
| Year 13 | ₹5.5 lakh | ₹4.91 lakh | ₹54.8 lakh |
| Year 14 | ₹5.99 lakh | ₹4.43 lakh | ₹48.81 lakh |
| Year 15 | ₹6.51 lakh | ₹3.9 lakh | ₹42.3 lakh |
| Year 16 | ₹7.09 lakh | ₹3.32 lakh | ₹35.21 lakh |
| Year 17 | ₹7.72 lakh | ₹2.7 lakh | ₹27.49 lakh |
| Year 18 | ₹8.4 lakh | ₹2.01 lakh | ₹19.09 lakh |
| Year 19 | ₹9.14 lakh | ₹1.27 lakh | ₹9.95 lakh |
| Year 20 | ₹9.95 lakh | ₹46,403 | ₹0 |
Paying a little extra each month
If you pay 10% more each month (₹95,461 instead of ₹86,782), you clear the ₹1 crore home loan in 16 years instead of 20 years, 4 years sooner, and save about ₹25.04 lakh in interest. RBI rules do not allow banks to charge prepayment or foreclosure penalties on floating-rate home loans taken by individuals, so part-prepaying is free on most home loans.
Compare nearby amounts
| Loan amount | EMI | Total interest |
|---|---|---|
| ₹75 lakh | ₹65,087 | ₹81.21 lakh |
| ₹80 lakh | ₹69,426 | ₹86.62 lakh |
| ₹90 lakh | ₹78,104 | ₹97.45 lakh |
| ₹1 crore | ₹86,782 | ₹1.08 crore |
| ₹1.5 crore | ₹1,30,173 | ₹1.62 crore |
| ₹2 crore | ₹1,73,565 | ₹2.17 crore |
Change the numbers
Frequently asked questions
What is the EMI on a ₹1 crore home loan?
At 8.5% over 20 years, the EMI on a ₹1 crore home loan is ₹86,782. Over 10 years it would be ₹1,23,986.
How much interest will I pay on a ₹1 crore home loan?
About ₹1.08 crore at 8.5% over 20 years, so you repay ₹2.08 crore in total. Over 10 years the interest drops to ₹48.78 lakh.
How much does a 1% lower rate save on ₹1 crore?
At 7.5% instead of 8.5%, the EMI falls by ₹6,223 to ₹80,559, saving ₹14.94 lakh over 20 years.
What salary do I need for a ₹1 crore home loan?
Banks usually want your EMIs to stay within about 40% to 50% of your monthly take-home pay. For an EMI of ₹86,782 (8.5%, 20 years) that means a take-home salary of roughly ₹1,73,565 to ₹2,16,956 a month, with no other loans.
Reducing-balance EMI, as banks calculate it. Processing fees, insurance and rate changes on floating-rate loans are not included. An estimate. Related: All home loan amounts · EMI calculator · Home loan tax benefit calculator · Income tax on salary