Comprehensive Loan Calculator

Calculate EMI for all types of loans - home loan, car loan, personal loan, business loan, and education loan. Compare rates and plan your finances.

Choose Loan Type

Calculate Home Loan EMI

₹50,000₹10 Crore
Typical range: 8.5% - 14.5%
Maximum: 30 years for Home Loan

Loan Information

Home Loan Features

  • • Interest rates: 8.5% - 12% per annum
  • • Loan tenure: Up to 30 years
  • • Loan amount: Up to ₹10 crore
  • • Tax benefits under Section 80C & 24(b)
  • • Processing fee: 0.5% - 1% of loan amount

Eligibility Criteria

Age

21-65 years (varies by loan type)

Income

Minimum ₹25,000 per month (salaried)

Credit Score

750+ for best rates, 650+ minimum

Employment

2+ years experience, stable job

Documents Required

Identity Proof

  • • Aadhaar Card
  • • PAN Card
  • • Passport
  • • Voter ID

Income Proof

  • • Salary Slips (3 months)
  • • Bank Statements (6 months)
  • • Form 16/ITR
  • • Employment Certificate

Smart Loan Tips

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Compare Rates

Compare interest rates from multiple lenders to get the best deal.

Improve Credit Score

Higher credit score helps you get lower interest rates and better terms.

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Consider Prepayment

Prepaying your loan can save significant interest over the loan tenure.

Frequently Asked Questions

What factors affect loan interest rates?

Credit score, income, employment history, loan amount, tenure, existing relationships with bank, and market conditions all influence your interest rate.

How can I reduce my EMI burden?

You can increase loan tenure (increases total interest), make part-prepayments, balance transfer to lower rate lender, or increase down payment to reduce principal.

What is the difference between fixed and floating rates?

Fixed rates remain constant throughout the loan tenure, while floating rates change based on market conditions. Floating rates are usually lower initially but can fluctuate.