HDFC Home Loan EMI Calculator | 2025
HDFC Home Loan EMI Calculator assists in calculating monthly payments based on loan amount, tenure, and interest rate.
HDFC Bank Home Loan Calculator
HDFC Bank makes loan planning simple with its wide range of EMI tools. The HDFC Bank EMI Calculator helps you quickly estimate your monthly payments for different loans. Whether you are applying for a home loan, personal loan, or housing loan, our calculators are designed to give you clarity.
- Use the HDFC Home Loan Calculator or HDFC Housing Loan Calculator to plan your EMIs for buying your dream house.
- With the HDFC Loan Calculator, you can explore different loan options, interest rates, and repayment schedules.
The HDFC Home Loan EMI Calculator is especially useful in planning your cash flow, ensuring you know the exact EMI before applying. HDFC Bank offers home loans starting from just ₹727 per lakh, with interest rates as low as 7.90%* p.a., along with flexible repayment and top-up loan options.
Plan smartly, compare EMIs, and manage your finances better with the easy-to-use HDFC loan calculators.
What does an HDFC Home Loan EMI Calculator do?
The HDFC EMI Calculator helps you easily calculate your monthly installment (EMI) for different types of loans. It is a simple financial planning tool that allows home buyers and borrowers to estimate repayments in advance. With the HDFC Bank Loan Calculator, you can check EMIs for housing loans, personal loans, or any other borrowing needs.
Use the HDFC Housing Loan EMI Calculator or HDFC Home Calculator to plan your dream home purchase with clarity. For short-term needs, this makes it easy to estimate monthly payments. You can also use the EMI Converter HDFC tool to quickly adjust amounts and tenures for better planning.
With these calculators, HDFC Bank ensures that managing your loan repayment is quick, transparent, and stress-free.
How is EMI on a Loan Calculated?
The HDFC Home Loan EMI calculator for a loan is calculated using the following formula:
EMI = P × R × (1+R)^N / [(1+R)^N – 1]
Where:
- P = Principal loan amount
- N = Loan tenure in months
- R = Monthly interest rate (Annual interest rate ÷ 12 ÷ 100)
For example, if you take a loan of ₹10,00,000 at an annual interest rate of 7.2% for 120 months (10 years):
- Monthly interest rate (R) = 7.2 ÷ 12 ÷ 100 = 0.006
- EMI = ₹10,00,000 × 0.006 × (1+0.006)^120 ÷ [(1+0.006)^120 – 1] = ₹11,714
- Total amount payable = ₹11,714 × 120 = ₹14,05,703
- Out of this, ₹10,00,000 is the principal and ₹4,05,703 is the interest.
Manual EMI calculation can be time-consuming, but you don’t need to worry. The HDFC Home Bank Loan Calculator makes it simple and accurate.
You can also use different tools based on your requirement:
- HDFC Home EMI Calculator / HDFC House EMI Calculator – to check monthly installments for home loans.
- HDFC Home Loan Cal / HDFC Housing Calculator – to plan your housing loan repayment.
- HDFC Home Loan Premium Calculator – to estimate the premium cost of your loan.
With these easy-to-use calculators, HDFC Bank helps you plan repayments better and manage your finances smoothly.
Key Features and Benefits of HDFC Home Loan EMI Calculator
HDFC Bank offers a wide range of home loan solutions to suit the needs of every customer:
- Home loans for purchase of flats, row houses, and bungalows from approved private developers.
- Loans to buy properties from Development Authorities like DDA, MHADA, etc.
- Funding for homes in existing Co-operative Housing Societies, Apartment Owners’ Associations, or privately built-up houses.
- Loans for construction on freehold/leasehold plots or plots allotted by Development Authorities.
- Expert legal and technical guidance to help you make informed decisions.
- Easy access and servicing through HDFC’s wide branch network across India.
- Special arrangements with AGIF for home loans tailored to Indian Army personnel.
With tailor-made home loan solutions, HDFC caters to customers of all age groups and professions. Longer tenure loans of up to 30 years with telescopic repayment options make it easier for young buyers to own their first home. Backed by over four decades of expertise in home financing, HDFC ensures that diverse customer needs are met efficiently. For better financial planning, you can use tools like the HDFC Ltd Home Loan Calculator or the Monthly EMI Calculator HDFC to check affordability before applying. Similarly, if you are exploring short-term credit, this helps you understand repayment options clearly. You can also compare the interest rate for calculators in HDFC Bank and choose the best fit for your needs.
HDFC’s transparent process, flexible repayment options, and customer-friendly calculators make your journey to owning a home simple and stress-free.
How to Use the HDFC Home Loan Calculator?
To get started with the HDFC Home Loan EMI Calculator , follow these simple steps:
Step 1: Enter the Principal Loan Amount
Input the total amount you wish to borrow, considering factors like home price, down payment, and additional costs such as registration and taxes.
Step 2: Specify the Interest Rate
Enter the annual interest rate offered by HDFC. You can choose between fixed interest rates, which stay the same throughout your loan tenure, or floating interest rates, which fluctuate based on market conditions.
Step 3: Select the Loan Tenure
Input the loan duration in years. A longer tenure reduces the EMI but increases the total interest paid over the loan period. Shorter tenures result in higher EMIs but reduce overall interest costs.
Step 4: Click ‘Calculate’
After entering the above information, click on the ‘Calculate’ button. The tool will display your monthly EMI, the total interest payable over the loan tenure, and the loan repayment amount (principal + interest).
Factors Affecting the HDFC Home Loan EMI Calculator
To use the HDFC Home Loan EMI Calculator, you need to provide three critical inputs:
Loan Amount (Principal)
This is the total amount of money you intend to borrow from HDFC to purchase or renovate your home.
Loan Tenure
This refers to the duration of the loan repayment, typically ranging from 5 to 30 years. Longer tenures lead to smaller EMIs but more interest over time.
Interest Rate
The applicable annual interest rate determines the amount of interest you will pay on the loan. HDFC offers both fixed and floating interest rate options.
For specialized mortgage needs, the HDFC mortgage loan calculator offers precise calculations that account for various mortgage-specific factors and terms.
HDFC Home Loan EMI Calculator Formula
To manually calculate your EMI, you can use the below-mentioned formula:
EMI = [P x R x (1+R)^N] / [(1+R)^N-1]
Where:
- R = Interest Rate/Month (Annual interest rate divided by 12)
- P = Loan Amount
- N = Loan Tenure in months
This formula calculates the monthly instalment you must pay over the loan’s tenure. However, for ease of use, the HDFC Bank Home Loan calculator automates this process, saving you time and providing instant results with high accuracy.
Using the Hdfc bank home loan calculator and understanding the amortization schedule can provide a complete picture of your loan repayment journey.
Understanding the Amortisation Schedule
A loan amortisation schedule serves as a detailed guide to the loan repayment process, systematically outlining the breakdown of each EMI into principal and interest components. While every loan EMI allocates funds to both principal and interest, the distribution towards the principal amount fluctuates. Initially, a significant portion caters to the interest, gradually shifting as the loan matures.
While the HDFC Home Loan EMI Calculator offers approximations, crafting an amortisation schedule involves intricate mathematical computations. This provides borrowers with crucial insights for informed decisions on pre-payment or refinancing and offers a basis for potential tax exemptions.
Here is a sample of the amortisation schedule for a home loan of ₹10,00,000 over 30 years at an 8.75% fixed interest rate per annum:
| Year | Opening Balance | EMI*12 | Interest Paid Yearly | Principal Paid Yearly | Closing Balance |
| 1 | 10,00,000 | 94,404 | 87,216 | 7,188 | 9,92,812 |
| 2 | 9,92,812 | 94,404 | 86,562 | 7,843 | 9,84,970 |
| 3 | 9,84,970 | 94,404 | 85,847 | 8,557 | 9,76,413 |
| 4 | 9,76,413 | 94,404 | 85,068 | 9,336 | 9,67,076 |
| 5 | 9,67,076 | 94,404 | 84,217 | 10,187 | 9,56,889 |
| 6 | 9,56,889 | 94,404 | 83,289 | 11,115 | 9,45,774 |
| 7 | 9,45,774 | 94,404 | 82,277 | 12,128 | 9,33,647 |
| 8 | 9,33,647 | 94,404 | 81,172 | 13,232 | 9,20,414 |
| 9 | 9,20,414 | 94,404 | 79,966 | 14,438 | 9,05,977 |
| 10 | 9,05,977 | 94,404 | 78,651 | 15,753 | 8,90,224 |
| 11 | 8,90,224 | 94,404 | 77,216 | 17,188 | 8,73,036 |
| 12 | 8,73,036 | 94,404 | 75,650 | 18,754 | 8,54,282 |
| 13 | 8,54,282 | 94,404 | 73,942 | 20,462 | 8,33,820 |
| 14 | 8,33,820 | 94,404 | 72,078 | 22,326 | 8,11,494 |
| 15 | 8,11,494 | 94,404 | 70,044 | 24,360 | 7,87,134 |
| 16 | 7,87,134 | 94,404 | 67,825 | 26,579 | 7,60,555 |
| 17 | 7,60,555 | 94,404 | 65,404 | 29,000 | 7,31,555 |
| 18 | 7,31,555 | 94,404 | 62,762 | 31,642 | 6,99,913 |
| 19 | 6,99,913 | 94,404 | 59,880 | 34,524 | 6,65,389 |
| 20 | 6,65,389 | 94,404 | 56,735 | 37,669 | 6,27,719 |
| 21 | 6,27,719 | 94,404 | 53,303 | 41,101 | 5,86,618 |
| 22 | 5,86,618 | 94,404 | 49,559 | 44,845 | 5,41,773 |
| 23 | 5,41,773 | 94,404 | 45,474 | 48,930 | 4,92,843 |
| 24 | 4,92,843 | 94,404 | 41,016 | 53,388 | 4,39,455 |
| 25 | 4,39,455 | 94,404 | 36,153 | 58,251 | 3,81,204 |
| 26 | 3,81,204 | 94,404 | 30,847 | 63,557 | 3,17,647 |
| 27 | 3,17,647 | 94,404 | 25,057 | 69,347 | 2,48,300 |
| 28 | 2,48,300 | 94,404 | 18,740 | 75,665 | 1,72,635 |
| 29 | 1,72,635 | 94,404 | 11,847 | 82,557 | 90,078 |
| 30 | 90,078 | 94,404 | 4,326 | 90,078 | 0 |
How NoBroker Helps You
Planning your home loan can be overwhelming, with so many factors like EMIs, interest rates, and loan tenure to consider. NoBroker simplifies this process by helping you:
- Compare HDFC Home Loan options and interest rates in one place.
- Estimate EMIs quickly using calculators, so you know your monthly payments in advance.
- Get expert guidance on eligibility, documentation, and loan application.
- Apply seamlessly online without paying any broker fees.
With NoBroker, you can plan your home purchase efficiently and confidently, ensuring you choose the loan that fits your budget and goals.
Conclusion
The HDFC Home Loan EMI Calculator is an essential tool for smart financial planning. It allows you to estimate EMIs, compare interest rates, and plan repayment schedules before committing to a loan. With flexible repayment options, competitive interest rates starting from 7.90%* p.a., and easy-to-use calculators, HDFC Bank ensures a transparent and stress-free borrowing experience.
By leveraging NoBroker, you can simplify the entire process—calculate EMIs, compare loans, and apply with expert support—all in one place. Make informed decisions and manage your home loan journey with ease, while staying in control of your finances.
