EMI on a ₹75 lakh home loan for 10 years at 9% interest
EMI ₹95,007 per month for 10 years on ₹75,00,000 at 9% — total interest ₹39,00,820, total payment ₹1,14,00,820.
- Monthly EMI
- ₹95,007
- Total interest
- ₹39,00,820
- Total repayment
- ₹1,14,00,820
| Tenure / rate | EMI | Total interest | Total paid |
|---|---|---|---|
| 5 years | ₹1,55,688 | ₹18,41,260 | ₹93,41,260 |
| 10 years | ₹95,007 | ₹39,00,820 | ₹1,14,00,820 |
| 15 years | ₹76,070 | ₹61,92,599 | ₹1,36,92,599 |
| 20 years | ₹67,479 | ₹86,95,067 | ₹1,61,95,067 |
| 8% | ₹90,996 | ₹34,19,483 | ₹1,09,19,483 |
| 8.5% | ₹92,989 | ₹36,58,712 | ₹1,11,58,712 |
| 9% | ₹95,007 | ₹39,00,820 | ₹1,14,00,820 |
| 9.5% | ₹97,048 | ₹41,45,780 | ₹1,16,45,780 |
| 10% | ₹99,113 | ₹43,93,566 | ₹1,18,93,566 |
How this is calculated
EMI = P × r × (1 + r)^n ÷ ((1 + r)^n − 1), where r is the monthly rate (annual ÷ 12 ÷ 100) and n is the number of months.
EMI कैलकुलेटर: किसी भी लोन की सही मासिक किस्त (EMI), कुल ब्याज और कुल भुगतान जानें — वही reducing-balance फ़ॉर्मूला जो हर भारतीय बैंक इस्तेमाल करता है।
Frequently asked
What is the EMI on a ₹75 lakh home loan for 10 years at 9%?
₹95,007 per month. Over 10 years you repay ₹1,14,00,820 in total, of which ₹39,00,820 is interest.
How much interest will I pay on ₹75 lakh at 9% over 10 years?
₹39,00,820 — roughly 52% of the amount borrowed.
How is EMI calculated in India?
Banks use the reducing-balance method: EMI = P × r × (1 + r)^n ÷ ((1 + r)^n − 1). P is the principal, r the monthly interest rate and n the number of monthly instalments. Early EMIs are mostly interest; later ones mostly principal.
Does a longer tenure reduce my EMI?
Yes, but total interest rises sharply. Doubling a home-loan tenure from 10 to 20 years typically cuts the EMI by around 30% while roughly doubling the interest paid.
Is prepayment worth it?
On floating-rate home loans RBI rules prohibit prepayment penalties for individuals, so a lump-sum prepayment early in the tenure saves the most interest. Ask Simpledot with your exact loan details for a prepayment schedule.
Figures are computed exactly from the stated inputs. Bank rates, processing fees, insurance and taxes vary — treat this as the arithmetic, not an offer. Last computed October 2026.