Home Loans
“₹35 Lakh Home Loan EMI: Bank-wise EMI for 5–30 Years”
Read articleHome Loan Amortization Calculator
See exactly how each EMI splits between principal and interest, year by year — with prepayment support and a full downloadable schedule.
Your Amortization Schedule
See exactly how each EMI splits between principal and interest, year by year.
Total principal: ₹40,00,000
| Period | Opening Balance | Principal | Interest | Prepayment | Closing Balance |
|---|---|---|---|---|---|
| Year 1 | ₹40,00,000 | ₹79,609 | ₹3,36,946 | ₹0 | ₹39,20,391 |
| Year 2 | ₹39,20,391 | ₹86,646 | ₹3,29,909 | ₹0 | ₹38,33,745 |
| Year 3 | ₹38,33,745 | ₹94,305 | ₹3,22,251 | ₹0 | ₹37,39,440 |
| Year 4 | ₹37,39,440 | ₹1,02,640 | ₹3,13,915 | ₹0 | ₹36,36,800 |
| Year 5 | ₹36,36,800 | ₹1,11,713 | ₹3,04,842 | ₹0 | ₹35,25,087 |
| Year 6 | ₹35,25,087 | ₹1,21,587 | ₹2,94,968 | ₹0 | ₹34,03,500 |
| Year 7 | ₹34,03,500 | ₹1,32,334 | ₹2,84,221 | ₹0 | ₹32,71,166 |
| Year 8 | ₹32,71,166 | ₹1,44,031 | ₹2,72,524 | ₹0 | ₹31,27,134 |
| Year 9 | ₹31,27,134 | ₹1,56,763 | ₹2,59,793 | ₹0 | ₹29,70,372 |
| Year 10 | ₹29,70,372 | ₹1,70,619 | ₹2,45,936 | ₹0 | ₹27,99,753 |
| Year 11 | ₹27,99,753 | ₹1,85,700 | ₹2,30,855 | ₹0 | ₹26,14,053 |
| Year 12 | ₹26,14,053 | ₹2,02,114 | ₹2,14,441 | ₹0 | ₹24,11,939 |
| Year 13 | ₹24,11,939 | ₹2,19,979 | ₹1,96,576 | ₹0 | ₹21,91,959 |
| Year 14 | ₹21,91,959 | ₹2,39,424 | ₹1,77,132 | ₹0 | ₹19,52,536 |
| Year 15 | ₹19,52,536 | ₹2,60,586 | ₹1,55,969 | ₹0 | ₹16,91,949 |
| Year 16 | ₹16,91,949 | ₹2,83,620 | ₹1,32,935 | ₹0 | ₹14,08,329 |
| Year 17 | ₹14,08,329 | ₹3,08,689 | ₹1,07,866 | ₹0 | ₹10,99,640 |
| Year 18 | ₹10,99,640 | ₹3,35,975 | ₹80,581 | ₹0 | ₹7,63,665 |
| Year 19 | ₹7,63,665 | ₹3,65,672 | ₹50,883 | ₹0 | ₹3,97,994 |
| Year 20 | ₹3,97,994 | ₹3,97,994 | ₹18,561 | ₹0 | ₹0 |
* Interest accrues monthly on the reducing balance. Figures are estimates for planning purposes.
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Frequently Asked Questions
Common questions about home loan amortization and how this calculator works.
How is my EMI split between principal and interest calculated?
Every month, interest is charged on your current outstanding balance (Opening Balance × monthly rate). Whatever's left of your EMI after that goes toward principal. As your balance shrinks each month, the interest portion shrinks too — so the principal portion grows automatically, without your EMI ever changing.
Why is most of my EMI interest, not principal, in the early years?
Interest is calculated on your outstanding balance, which is highest right at the start of your loan — so a bigger share of every early EMI goes toward interest. As you pay down the balance over time, more of each EMI goes toward principal instead. This is standard reducing-balance amortization, not specific to any one lender.
What happens if I make a prepayment?
A prepayment reduces your outstanding balance immediately after that month's regular EMI. Your schedule then recalculates from that point — showing a shorter remaining tenure and lower total interest, with your EMI unchanged in this calculator's default view.
Are these figures guaranteed?
No. These are estimates based on the inputs you provide, assuming interest accrues monthly on a reducing balance — the standard convention for Indian home loans. Your actual lender's exact rounding, disbursal date, and compounding convention may cause small differences. Please confirm the exact schedule with your lender.
