Axis Bank Home Loan EMI Calculator Rates updated October 2026
Axis Bank Home Loan EMI Calculator - How to Use
Updated on Written by Ramandeep Sadana, Credit Expert with over 10 years of experience
The calculator above uses the standard reducing-balance formula. The figures below are worked at Axis Bank's current starting rate of 8.00% p.a. (range 8.00%–9.10%). Source: Axis Bank official rate page, checked 26 Oct 2026. Full rate card: Axis Bank home loan interest rate.
Axis Bank home loan EMI by loan amount and tenure
| Loan amount | 10 years | 15 years | 20 years | 25 years | 30 years |
|---|---|---|---|---|---|
| ₹20 lakh | ₹24,266 | ₹19,113 | ₹16,729 | ₹15,436 | ₹14,675 |
| ₹30 lakh | ₹36,398 | ₹28,670 | ₹25,093 | ₹23,154 | ₹22,013 |
| ₹40 lakh | ₹48,531 | ₹38,226 | ₹33,458 | ₹30,873 | ₹29,351 |
| ₹50 lakh | ₹60,664 | ₹47,783 | ₹41,822 | ₹38,591 | ₹36,688 |
| ₹75 lakh | ₹90,996 | ₹71,674 | ₹62,733 | ₹57,886 | ₹55,032 |
| ₹1 crore | ₹1,21,328 | ₹95,565 | ₹83,644 | ₹77,182 | ₹73,376 |
EMI at 8.00% p.a. Each ₹1 lakh borrowed costs ₹836 a month over 20 years.
Where a ₹50 lakh EMI goes, year by year
| Year | Interest paid | Principal repaid | Balance at year end |
|---|---|---|---|
| 1 | ₹3,96,181 | ₹1,05,683 | ₹48,94,317 |
| 2 | ₹3,87,409 | ₹1,14,455 | ₹47,79,862 |
| 5 | ₹3,56,479 | ₹1,45,385 | ₹43,76,279 |
| 10 | ₹2,85,263 | ₹2,16,601 | ₹34,47,031 |
| 15 | ₹1,79,162 | ₹3,22,702 | ₹20,62,596 |
| 20 | ₹21,087 | ₹4,80,777 | ₹0 |
₹50 lakh at 8.00% over 20 years: EMI ₹41,822, total interest ₹50,37,281. In year 1, 79% of what you pay is interest.
What changes your EMI
| On a ₹50 lakh, 20-year loan | Monthly EMI | Total cost |
|---|---|---|
| Rate rises 0.25% to 8.25% | +₹781 a month | +₹1,87,507 over 20 years |
| Rate at the top of the range (9.10%) | +₹3,486 a month | +₹8,36,727 over 20 years |
| Tenure 30 years instead of 20 | −₹5,134 a month | +₹31,70,482 more interest |
The RBI raised the repo rate to 5.50% on 7 October 2026. Repo-linked floating loans reset at the bank's next reset date; prepaying a floating-rate loan carries no penalty for individual borrowers. Try the prepayment calculator.
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