Union Bank Of India Home Loan EMI Calculator Rates updated October 2026
Computes EMI instantly for Union Bank home loans up to ₹5 crore with rates from 7.50% p.a. and tenures up to 30 years.
Allows comparison of repayment scenarios by adjusting loan amount, interest rate, and tenure for optimal planning.
Provides amortization schedules and eligibility checks based on income and CIBIL score for 2025 budgeting.
Union Bank Of India Home Loan EMI Calculator
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 Union Bank of India's current starting rate of 7.40% p.a. (range 7.40%–9.60%). Source: Union Bank of India official rate page, checked 26 Oct 2026. Full rate card: Union Bank of India home loan interest rate.
Union Bank of India home loan EMI by loan amount and tenure
| Loan amount | 10 years | 15 years | 20 years | 25 years | 30 years |
|---|---|---|---|---|---|
| ₹20 lakh | ₹23,636 | ₹18,427 | ₹15,990 | ₹14,650 | ₹13,848 |
| ₹30 lakh | ₹35,454 | ₹27,640 | ₹23,985 | ₹21,975 | ₹20,771 |
| ₹40 lakh | ₹47,272 | ₹36,854 | ₹31,980 | ₹29,300 | ₹27,695 |
| ₹50 lakh | ₹59,090 | ₹46,067 | ₹39,974 | ₹36,625 | ₹34,619 |
| ₹75 lakh | ₹88,635 | ₹69,100 | ₹59,962 | ₹54,937 | ₹51,928 |
| ₹1 crore | ₹1,18,181 | ₹92,134 | ₹79,949 | ₹73,250 | ₹69,238 |
EMI at 7.40% p.a. Each ₹1 lakh borrowed costs ₹799 a month over 20 years.
Where a ₹50 lakh EMI goes, year by year
| Year | Interest paid | Principal repaid | Balance at year end |
|---|---|---|---|
| 1 | ₹3,66,202 | ₹1,13,492 | ₹48,86,508 |
| 2 | ₹3,57,513 | ₹1,22,181 | ₹47,64,327 |
| 5 | ₹3,27,246 | ₹1,52,448 | ₹43,38,738 |
| 10 | ₹2,59,241 | ₹2,20,453 | ₹33,82,494 |
| 15 | ₹1,60,899 | ₹3,18,795 | ₹19,99,678 |
| 20 | ₹18,687 | ₹4,61,007 | ₹0 |
₹50 lakh at 7.40% over 20 years: EMI ₹39,974, total interest ₹45,93,875. In year 1, 76% 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 7.65% | +₹765 a month | +₹1,83,604 over 20 years |
| Rate at the top of the range (9.60%) | +₹6,959 a month | +₹16,70,177 over 20 years |
| Tenure 30 years instead of 20 | −₹5,355 a month | +₹28,68,961 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.
Ambak Benefits
Zero Hidden Charges
Hassle Free and Fast Approval Process
Personalized Loan Assistance
Exciting Cashbacks
