A housing loan may continue up to 30 years and using a loan calculator lets you choose the suitable combination. PNB Housing Finance (PNBHFL) home loan EMI calculator is simple to use and is available online for free. The tool can be used as many times as you wish and the results are as quick as blink of an eye. Below is an example showing the graphical representation of the payment scenario. Later, there is an example showing more details.
Apply PNB Housing Finance Home Loan @ 8.50%* Rate
Loan Amount | |
Interest Rate | |
Tenure(Months) | |
Monthly Instalment (EMI) | |
Total Interest Amount | |
Total Amount (Principal + Interest) |
Year | Principal | Interest | Balance Amount |
---|
PNB Housing Finance Home Loan EMI Calculator
Let us take an example that you want the loan amount INR 40 lakhs for the tenure of 25 years and interest rate of 9% p.a. You will be paying the following in the form of your home loan EMI:
- Loan Amount – INR 40 lakhs
- Interest Rate – 9% p.a.
- Tenure – 25 years
The payment details will be as follows:
- Monthly EMI – INR 33,568
- Total Interest Outgo – INR 60,70,356
- Total Amount (Interest + Principal) – INR 1,00,70,356
Below is an example showing the details of the payments for the whole tenure.
Table Showing EMI, Interest Outgo, and Total Repayment Amount
Loan Amount | Interest Rate | Tenure | Monthly Instalment | Total Interest Amount | Total Amount |
---|---|---|---|---|---|
₹ 40,00,000 | 9% | 1 | ₹ 3,49,806 | ₹ 1,97,671 | ₹ 41,97,671 |
₹ 40,00,000 | 9% | 2 | ₹ 1,82,739 | ₹ 3,85,735 | ₹ 43,85,735 |
₹ 40,00,000 | 9% | 3 | ₹ 1,27,199 | ₹ 5,79,162 | ₹ 45,79,162 |
₹ 40,00,000 | 9% | 4 | ₹ 99,540 | ₹ 7,77,928 | ₹ 47,77,928 |
₹ 40,00,000 | 9% | 5 | ₹ 83,033 | ₹ 9,82,005 | ₹ 49,82,005 |
₹ 40,00,000 | 9% | 6 | ₹ 72,102 | ₹ 11,91,355 | ₹ 51,91,355 |
₹ 40,00,000 | 9% | 7 | ₹ 64,356 | ₹ 14,05,930 | ₹ 54,05,930 |
₹ 40,00,000 | 9% | 8 | ₹ 58,601 | ₹ 16,25,678 | ₹ 56,25,678 |
₹ 40,00,000 | 9% | 9 | ₹ 54,172 | ₹ 18,50,537 | ₹ 58,50,537 |
₹ 40,00,000 | 9% | 10 | ₹ 50,670 | ₹ 20,80,437 | ₹ 60,80,437 |
₹ 40,00,000 | 9% | 11 | ₹ 47,843 | ₹ 23,15,304 | ₹ 63,15,304 |
₹ 40,00,000 | 9% | 12 | ₹ 45,521 | ₹ 25,55,057 | ₹ 65,55,057 |
₹ 40,00,000 | 9% | 13 | ₹ 43,587 | ₹ 27,99,606 | ₹ 67,99,606 |
₹ 40,00,000 | 9% | 14 | ₹ 41,958 | ₹ 30,48,860 | ₹ 70,48,860 |
₹ 40,00,000 | 9% | 15 | ₹ 40,571 | ₹ 33,02,719 | ₹ 73,02,719 |
₹ 40,00,000 | 9% | 16 | ₹ 39,381 | ₹ 35,61,082 | ₹ 75,61,082 |
₹ 40,00,000 | 9% | 17 | ₹ 38,352 | ₹ 38,23,840 | ₹ 78,23,840 |
₹ 40,00,000 | 9% | 18 | ₹ 37,458 | ₹ 40,90,883 | ₹ 80,90,883 |
₹ 40,00,000 | 9% | 19 | ₹ 36,676 | ₹ 43,62,099 | ₹ 83,62,099 |
₹ 40,00,000 | 9% | 20 | ₹ 35,989 | ₹ 46,37,369 | ₹ 86,37,369 |
₹ 40,00,000 | 9% | 21 | ₹ 35,383 | ₹ 49,16,577 | ₹ 89,16,577 |
₹ 40,00,000 | 9% | 22 | ₹ 34,847 | ₹ 51,99,601 | ₹ 91,99,601 |
₹ 40,00,000 | 9% | 23 | ₹ 34,371 | ₹ 54,86,320 | ₹ 94,86,320 |
₹ 40,00,000 | 9% | 24 | ₹ 33,947 | ₹ 57,76,613 | ₹ 97,76,613 |
₹ 40,00,000 | 9% | 25 | ₹ 33,568 | ₹ 60,70,356 | ₹ 1,00,70,356 |
EMI, Total Interest Outgo, Total Repayment (Interest + Principal)
Year | Principal | Interest | Balance Amount |
---|---|---|---|
1 | ₹ 44,625 | ₹ 3,58,189 | ₹ 39,55,374 |
2 | ₹ 48,811 | ₹ 3,54,003 | ₹ 39,06,563 |
3 | ₹ 53,390 | ₹ 3,49,424 | ₹ 38,53,173 |
4 | ₹ 58,398 | ₹ 3,44,416 | ₹ 37,94,774 |
5 | ₹ 63,876 | ₹ 3,38,937 | ₹ 37,30,897 |
6 | ₹ 69,868 | ₹ 3,32,945 | ₹ 36,61,028 |
7 | ₹ 76,423 | ₹ 3,26,391 | ₹ 35,84,605 |
8 | ₹ 83,592 | ₹ 3,19,222 | ₹ 35,01,013 |
9 | ₹ 91,433 | ₹ 3,11,381 | ₹ 34,09,579 |
10 | ₹ 1,00,010 | ₹ 3,02,804 | ₹ 33,09,569 |
11 | ₹ 1,09,392 | ₹ 2,93,422 | ₹ 32,00,176 |
12 | ₹ 1,19,654 | ₹ 2,83,160 | ₹ 30,80,522 |
13 | ₹ 1,30,878 | ₹ 2,71,936 | ₹ 29,49,644 |
14 | ₹ 1,43,155 | ₹ 2,59,658 | ₹ 28,06,488 |
15 | ₹ 1,56,584 | ₹ 2,46,229 | ₹ 26,49,903 |
16 | ₹ 1,71,273 | ₹ 2,31,541 | ₹ 24,78,629 |
17 | ₹ 1,87,340 | ₹ 2,15,474 | ₹ 22,91,289 |
18 | ₹ 2,04,914 | ₹ 1,97,900 | ₹ 20,86,375 |
19 | ₹ 2,24,136 | ₹ 1,78,678 | ₹ 18,62,239 |
20 | ₹ 2,45,161 | ₹ 1,57,652 | ₹ 16,17,077 |
21 | ₹ 2,68,159 | ₹ 1,34,654 | ₹ 13,48,917 |
22 | ₹ 2,93,315 | ₹ 1,09,499 | ₹ 10,55,602 |
23 | ₹ 3,20,830 | ₹ 81,984 | ₹ 7,34,772 |
24 | ₹ 3,50,926 | ₹ 51,888 | ₹ 3,83,845 |
25 | ₹ 3,84,095 | ₹ 18,969 | ₹ 0 |
PNBHFL Home Loan EMI Calculation Formula
The calculator uses the below formula to calculate the monthly installment, total interest outgo and total repayment amount.
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