Home Loan Calculator

# Reliance Home Finance Home Loan EMI Calculator

Last Updated : Aug. 8, 2020, 2:55 p.m.

When you use a home loan EMI calculator, you know how much money you have to keep idle for the EMI. Reliance Home Finance gives home loans at affordable rates but still it is good for you to check your payments in advance and avoid missing even a single EMI. To know more about how this calculator works and see an example, read this article. Below is a representing the monthly installment in both tabular and graphical form.

Results
 Loan Amount Interest Rate Tenure(Months) Monthly Instalment (EMI) Total Interest Amount Total Amount (Principal + Interest)
YearPrincipalInterestBalance Amount

## Reliance Home Finance Home Loan EMI Calculator April 2024

Suppose you plan to take a home loan of ₹20 lakhs from Reliance Home Finance and you are expecting the interest rates as low as possible. You have chosen 30 years tenure so your EMI, total interest outgo and total repayment can be easily found with the help of Reliance home loan EMI calculator. You will have to mention the loan amount, tenure and interest rate in the calculator and within a few minutes you will get the result.

Table Showing EMI, Interest Outgo, and Total Repayment Amount

Loan AmountInterest RateTenureMonthly InstalmentTotal Interest AmountTotal Amount
₹ 20,00,0008.75%1₹ 1,74,671₹ 96,054₹ 20,96,054
₹ 20,00,0008.75%2₹ 91,140₹ 1,87,366₹ 21,87,366
₹ 20,00,0008.75%3₹ 63,367₹ 2,81,213₹ 22,81,213
₹ 20,00,0008.75%4₹ 49,533₹ 3,77,584₹ 23,77,584
₹ 20,00,0008.75%5₹ 41,274₹ 4,76,468₹ 24,76,468
₹ 20,00,0008.75%6₹ 35,803₹ 5,77,846₹ 25,77,846
₹ 20,00,0008.75%7₹ 31,925₹ 6,81,699₹ 26,81,699
₹ 20,00,0008.75%8₹ 29,042₹ 7,88,001₹ 27,88,001
₹ 20,00,0008.75%9₹ 26,822₹ 8,96,726₹ 28,96,726
₹ 20,00,0008.75%10₹ 25,065₹ 10,07,842₹ 30,07,842
₹ 20,00,0008.75%11₹ 23,646₹ 11,21,316₹ 31,21,316
₹ 20,00,0008.75%12₹ 22,480₹ 12,37,111₹ 32,37,111
₹ 20,00,0008.75%13₹ 21,508₹ 13,55,188₹ 33,55,188
₹ 20,00,0008.75%14₹ 20,688₹ 14,75,504₹ 34,75,504
₹ 20,00,0008.75%15₹ 19,989₹ 15,98,015₹ 35,98,015
₹ 20,00,0008.75%16₹ 19,389₹ 17,22,675₹ 37,22,675
₹ 20,00,0008.75%17₹ 18,870₹ 18,49,436₹ 38,49,436
₹ 20,00,0008.75%18₹ 18,418₹ 19,78,247₹ 39,78,247
₹ 20,00,0008.75%19₹ 18,022₹ 21,09,056₹ 41,09,056
₹ 20,00,0008.75%20₹ 17,674₹ 22,41,811₹ 42,41,811
₹ 20,00,0008.75%21₹ 17,367₹ 23,76,459₹ 43,76,459
₹ 20,00,0008.75%22₹ 17,094₹ 25,12,943₹ 45,12,943
₹ 20,00,0008.75%23₹ 16,852₹ 26,51,209₹ 46,51,209
₹ 20,00,0008.75%24₹ 16,636₹ 27,91,201₹ 47,91,201
₹ 20,00,0008.75%25₹ 16,443₹ 29,32,862₹ 49,32,862
₹ 20,00,0008.75%26₹ 16,270₹ 30,76,136₹ 50,76,136
₹ 20,00,0008.75%27₹ 16,114₹ 32,20,967₹ 52,20,967
₹ 20,00,0008.75%28₹ 15,974₹ 33,67,299₹ 53,67,299
₹ 20,00,0008.75%29₹ 15,848₹ 35,15,076₹ 55,15,076
₹ 20,00,0008.75%30₹ 15,734₹ 36,64,243₹ 56,64,243

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

YearPrincipalInterestBalance Amount
1₹ 14,375₹ 1,74,433₹ 19,85,624
2₹ 15,685₹ 1,73,123₹ 19,69,939
3₹ 17,113₹ 1,71,694₹ 19,52,825
4₹ 18,672₹ 1,70,135₹ 19,34,152
5₹ 20,373₹ 1,68,434₹ 19,13,778
6₹ 22,229₹ 1,66,578₹ 18,91,548
7₹ 24,255₹ 1,64,553₹ 18,67,293
8₹ 26,464₹ 1,62,344₹ 18,40,828
9₹ 28,875₹ 1,59,933₹ 18,11,953
10₹ 31,505₹ 1,57,302₹ 17,80,447
11₹ 34,375₹ 1,54,432₹ 17,46,071
12₹ 37,507₹ 1,51,301₹ 17,08,564
13₹ 40,924₹ 1,47,884₹ 16,67,640
14₹ 44,652₹ 1,44,156₹ 16,22,988
15₹ 48,719₹ 1,40,088₹ 15,74,268
16₹ 53,157₹ 1,35,650₹ 15,21,110
17₹ 58,000₹ 1,30,808₹ 14,63,110
18₹ 63,283₹ 1,25,524₹ 13,99,826
19₹ 69,048₹ 1,19,759₹ 13,30,777
20₹ 75,338₹ 1,13,469₹ 12,55,438
21₹ 82,201₹ 1,06,606₹ 11,73,236
22₹ 89,690₹ 99,118₹ 10,83,546
23₹ 97,860₹ 90,947₹ 9,85,685
24₹ 1,06,775₹ 82,033₹ 8,78,910
25₹ 1,16,502₹ 72,306₹ 7,62,408
26₹ 1,27,114₹ 61,693₹ 6,35,293
27₹ 1,38,694₹ 50,113₹ 4,96,598
28₹ 1,51,329₹ 37,479₹ 3,45,269
29₹ 1,65,114₹ 23,694₹ 1,80,155
30₹ 1,80,269₹ 8652₹ 0

### Home Loan EMI Calculator Formula

The calculation in the EMI calculator is done through the below-given formula:

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

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