IDFC Bank Home Loan EMI Calculator

A loan EMI calculator is commonly used by the borrowers before and after applying for the loan. The advance research through a loan calculator makes it easier to decide which tenure is suitable for you depending on the rate offered by the lender. At IDFC Bank, home loans can be taken for the maximum tenure of 30 years which comes with option to choose as per your desire.

The reason behind people using a loan calculator while their loan is continuing is that they want to see how much they have paid and what is the remaining amount they will have to pay. If they find that the remaining amount is still the major portion of the total loan amount because of the higher rate of interest, they can balance transfer to a lender which is offering you a better rate. Below is a calculator showing the EMI and other payment of the loan. You may notice the graphical representation of the payments and do the calculation for your loan as well.

EMI Calculator forHome Loan
Loan Amount (₹)
Interest Rate (%)
Tenure(year)
Results
Loan Amount
Interest Rate
Tenure(Months)
Monthly Instalment (EMI)
Total Interest Amount
Total Amount (Principal + Interest)
YearPrincipalInterestBalance Amount

IDFC Bank Home Loan EMI Calculator

A loan calculator takes into account the loan amount, tenure and rate of interest of your loan. With the help of this tool, you can check your EMI within a few minutes before applying for a housing loan which is available for the maximum tenure of 30 years at IDFC Bank.

What will be EMIs you have to pay for a home loan?

Considering that you apply for a home loan at IDFC Bank and you want the bank to give you the lowest rate possible. Suppose you get the approved rate of 8.75% per annum as per the loan amount of ₹25 lakhs for the tenure of 15 years. The EMIs you will then be liable to pay is mentioned in the below along with the amortization schedule which represents the balance amount at the end of each year.

Table Showing EMI, Interest Outgo, and Total Repayment Amount

Loan AmountInterest RateTenureMonthly InstalmentTotal Interest AmountTotal Amount
₹ 25,00,0008.75%1₹ 2,18,339₹ 1,20,068₹ 26,20,068
₹ 25,00,0008.75%2₹ 1,13,925₹ 2,34,207₹ 27,34,207
₹ 25,00,0008.75%3₹ 79,209₹ 3,51,516₹ 28,51,516
₹ 25,00,0008.75%4₹ 61,916₹ 4,71,980₹ 29,71,980
₹ 25,00,0008.75%5₹ 51,593₹ 5,95,585₹ 30,95,585
₹ 25,00,0008.75%6₹ 44,754₹ 7,22,308₹ 32,22,308
₹ 25,00,0008.75%7₹ 39,906₹ 8,52,123₹ 33,52,123
₹ 25,00,0008.75%8₹ 36,302₹ 9,85,001₹ 34,85,001
₹ 25,00,0008.75%9₹ 33,527₹ 11,20,907₹ 36,20,907
₹ 25,00,0008.75%10₹ 31,332₹ 12,59,803₹ 37,59,803
₹ 25,00,0008.75%11₹ 29,558₹ 14,01,645₹ 39,01,645
₹ 25,00,0008.75%12₹ 28,100₹ 15,46,389₹ 40,46,389
₹ 25,00,0008.75%13₹ 26,885₹ 16,93,985₹ 41,93,985
₹ 25,00,0008.75%14₹ 25,859₹ 18,44,380₹ 43,44,380
₹ 25,00,0008.75%15₹ 24,986₹ 19,97,519₹ 44,97,519

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

YearPrincipalInterestBalance Amount
1₹ 84,416₹ 2,15,418₹ 24,15,583
2₹ 92,106₹ 2,07,728₹ 23,23,476
3₹ 1,00,497₹ 1,99,337₹ 22,22,979
4₹ 1,09,652₹ 1,90,182₹ 21,13,326
5₹ 1,19,641₹ 1,80,194₹ 19,93,685
6₹ 1,30,539₹ 1,69,295₹ 18,63,145
7₹ 1,42,431₹ 1,57,403₹ 17,20,714
8₹ 1,55,406₹ 1,44,428₹ 15,65,307
9₹ 1,69,563₹ 1,30,271₹ 13,95,744
10₹ 1,85,009₹ 1,14,825₹ 12,10,734
11₹ 2,01,863₹ 97,971₹ 10,08,871
12₹ 2,20,252₹ 79,582₹ 7,88,618
13₹ 2,40,316₹ 59,518₹ 5,48,302
14₹ 2,62,208₹ 37,626₹ 2,86,094
15₹ 2,86,275₹ 13,740₹ 0

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EMI Calculator