# Bank of Baroda Home Loan EMI Calculator

₹ 50,000 ₹ 1,00,00,000
1.00 % 50.00 %
12 Months 50 years
RESULTS
Loan Amount ₹ 2,50,000
Interest Rate 10.99%%
Tenure(Months) 224
Monthly Instalment (EMI) ₹ 2,631
Total Interest Amount ₹ 3,39,334
Total Amount (Principal + Interest) ₹ 5,89,334

Are you in a search of a smart and time-saving tool that calculates your EMIs? If yes, all you need to know about Bank of Baroda Home Loan EMI Calculator. Yes, this magical and effective online device with its fastest algorithms allows you to know the exact calculations of your EMI, Interest Outgo and Total Amount Payable. A user needs to feed:

• Interest Rate
• Tenure
• Loan Amount

Soon after feeding these values, the calculator fetches the values for you in just a few seconds. The device functions so seamless and quick that you don’t need to bother at all. This amazing tool due to its  24×7 online availability is always there to make your home loan journey a hassle-free experience.

## Bank of Baroda Home Loan EMI Calculator

In order to have more clarity on the same, let’s just take a look at the example below.

Suppose, Ruchi Verma, a 30-year-old, Senior Content Writer in a Company is looking for a home loan of INR 30 Lakh to buy a home in New Delhi. She has applied for the same and BOB has agreed to offer the home loan at an interest rate of 8.30% per annum for a tenure of 30 years. But before saying yes to the lender, Ruchi wants to know the exact calculations of her EMIs. She wants to know whether her monthly installments are going to be pocket-friendly or not? Thus, she used a home loan EMI Calculator for the same. So, let’s see the results in the table below.

Table Showing EMI, Interest Outgo, and Total Repayment Amount

Loan Amount Interest Rate Tenure Monthly Instalment Total Interest Amount Total Amount
₹ 30,00,000 8.30% 1 ₹ 2,61,382 ₹ 1,36,579 ₹ 31,36,579
₹ 30,00,000 8.30% 2 ₹ 1,36,093 ₹ 2,66,225 ₹ 32,66,225
₹ 30,00,000 8.30% 3 ₹ 94,425 ₹ 3,99,294 ₹ 33,99,294
₹ 30,00,000 8.30% 4 ₹ 73,662 ₹ 5,35,774 ₹ 35,35,774
₹ 30,00,000 8.30% 5 ₹ 61,261 ₹ 6,75,649 ₹ 36,75,649
₹ 30,00,000 8.30% 6 ₹ 53,040 ₹ 8,18,898 ₹ 38,18,898
₹ 30,00,000 8.30% 7 ₹ 47,208 ₹ 9,65,497 ₹ 39,65,497
₹ 30,00,000 8.30% 8 ₹ 42,869 ₹ 11,15,414 ₹ 41,15,414
₹ 30,00,000 8.30% 9 ₹ 39,524 ₹ 12,68,618 ₹ 42,68,618
₹ 30,00,000 8.30% 10 ₹ 36,876 ₹ 14,25,069 ₹ 44,25,069
₹ 30,00,000 8.30% 11 ₹ 34,733 ₹ 15,84,728 ₹ 45,84,728
₹ 30,00,000 8.30% 12 ₹ 32,969 ₹ 17,47,548 ₹ 47,47,548
₹ 30,00,000 8.30% 13 ₹ 31,497 ₹ 19,13,481 ₹ 49,13,481
₹ 30,00,000 8.30% 14 ₹ 30,253 ₹ 20,82,476 ₹ 50,82,476
₹ 30,00,000 8.30% 15 ₹ 29,192 ₹ 22,54,477 ₹ 52,54,477
₹ 30,00,000 8.30% 16 ₹ 28,278 ₹ 24,29,428 ₹ 54,29,428
₹ 30,00,000 8.30% 17 ₹ 27,487 ₹ 26,07,267 ₹ 56,07,267
₹ 30,00,000 8.30% 18 ₹ 26,796 ₹ 27,87,934 ₹ 57,87,934
₹ 30,00,000 8.30% 19 ₹ 26,190 ₹ 29,71,363 ₹ 59,71,363
₹ 30,00,000 8.30% 20 ₹ 25,656 ₹ 31,57,488 ₹ 61,57,488
₹ 30,00,000 8.30% 21 ₹ 25,183 ₹ 33,46,242 ₹ 63,46,242
₹ 30,00,000 8.30% 22 ₹ 24,763 ₹ 35,37,555 ₹ 65,37,555
₹ 30,00,000 8.30% 23 ₹ 24,389 ₹ 37,31,358 ₹ 67,31,358
₹ 30,00,000 8.30% 24 ₹ 24,054 ₹ 39,27,579 ₹ 69,27,579
₹ 30,00,000 8.30% 25 ₹ 23,754 ₹ 41,26,148 ₹ 71,26,148
₹ 30,00,000 8.30% 26 ₹ 23,484 ₹ 43,26,991 ₹ 73,26,991
₹ 30,00,000 8.30% 27 ₹ 23,241 ₹ 45,30,037 ₹ 75,30,037
₹ 30,00,000 8.30% 28 ₹ 23,021 ₹ 47,35,214 ₹ 77,35,214
₹ 30,00,000 8.30% 29 ₹ 22,823 ₹ 49,42,450 ₹ 79,42,450
₹ 30,00,000 8.30% 30 ₹ 22,644 ₹ 51,51,673 ₹ 81,51,673

EMI, Total Interest Outgo, Total Repayment (Interest + Principal)

Year Principal Interest Balance Amount
1 ₹ 23,607 ₹ 2,48,115 ₹ 29,76,392
2 ₹ 25,642 ₹ 2,46,080 ₹ 29,50,750
3 ₹ 27,853 ₹ 2,43,868 ₹ 29,22,896
4 ₹ 30,255 ₹ 2,41,467 ₹ 28,92,640
5 ₹ 32,864 ₹ 2,38,858 ₹ 28,59,775
6 ₹ 35,698 ₹ 2,36,024 ₹ 28,24,076
7 ₹ 38,777 ₹ 2,32,945 ₹ 27,85,299
8 ₹ 42,121 ₹ 2,29,601 ₹ 27,43,178
9 ₹ 45,753 ₹ 2,25,969 ₹ 26,97,425
10 ₹ 49,698 ₹ 2,22,024 ₹ 26,47,726
11 ₹ 53,984 ₹ 2,17,738 ₹ 25,93,742
12 ₹ 58,639 ₹ 2,13,083 ₹ 25,35,103
13 ₹ 63,695 ₹ 2,08,027 ₹ 24,71,407
14 ₹ 69,188 ₹ 2,02,534 ₹ 24,02,219
15 ₹ 75,154 ₹ 1,96,568 ₹ 23,27,064
16 ₹ 81,635 ₹ 1,90,087 ₹ 22,45,429
17 ₹ 88,674 ₹ 1,83,048 ₹ 21,56,755
18 ₹ 96,321 ₹ 1,75,401 ₹ 20,60,433
19 ₹ 1,04,627 ₹ 1,67,095 ₹ 19,55,806
20 ₹ 1,13,649 ₹ 1,58,073 ₹ 18,42,157
21 ₹ 1,23,449 ₹ 1,48,273 ₹ 17,18,707
22 ₹ 1,34,094 ₹ 1,37,628 ₹ 15,84,613
23 ₹ 1,45,657 ₹ 1,26,065 ₹ 14,38,955
24 ₹ 1,58,218 ₹ 1,13,504 ₹ 12,80,736
25 ₹ 1,71,861 ₹ 99,861 ₹ 11,08,875
26 ₹ 1,86,681 ₹ 85,041 ₹ 9,22,194
27 ₹ 2,02,779 ₹ 68,943 ₹ 7,19,414
28 ₹ 2,20,265 ₹ 51,457 ₹ 4,99,149
29 ₹ 2,39,258 ₹ 32,464 ₹ 2,59,890
30 ₹ 2,60,046 ₹ 11,832 ₹ 0

### Bank of Baroda Home Loan EMI Calculation Formula

The calculator uses the below formula to calculate an EMI.

EMI = [P x R x (1+R)^N]/[(1+R)^N-1]

where,

EMI = Equated Monthly Installment

P = Principal Loan Amount

R = Monthly Interest Rate

N = Number of Monthly Installments