Standard Chartered Bank Home Loan EMI Calculator

Want to know the exact calculations of your monthly installments? Don’t worry a home loan EMI calculator is here to help. This smart, time-saving and effective online tool works on a simple phenomena, wherein it takes into account:

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

  • Loan Amount
  • Tenure
  • Interest Rate

Yes, these are the variables you need to feed into the device and soon after entering the same, this tool fetches the results for you in just a few seconds. This is the reason that this device has been widely used by many loan seekers as it gives a hassle-free experience.

Standard Chartered Bank Home Loan EMI Calculator

To have a better understanding of a home loan EMI Calculator, let’s just take the help of an example below.

Suppose, Akash Verma, a 32-year-old, SEO Manager by profession is looking for a home loan of ₹50 Lakh to buy a beautiful home in Mumbai. He has applied for the same loan amount and after evaluating his profile Standard Chartered Bank has agreed to offer him the loan at an interest rate of 8.51% per annum for a tenure of 25 years. But saying yes to the lender, he wants to be fully sure about his Standard Chartered Bank Home Loan EMIs,i.e. whether they are going to be pocket-friendly or not? Thus, to know the same, he used a home loan EMI Calculator. So, let’s just take a look at the table below to know the EMI and Interest Outgo.

Table Showing EMI, Interest Outgo, and Total Repayment Amount

Loan AmountInterest RateTenureMonthly InstalmentTotal Interest AmountTotal Amount
₹ 50,00,0008.51%1₹ 4,36,122₹ 2,33,465₹ 52,33,465
₹ 50,00,0008.51%2₹ 2,27,301₹ 4,55,230₹ 54,55,230
₹ 50,00,0008.51%3₹ 1,57,861₹ 6,82,991₹ 56,82,991
₹ 50,00,0008.51%4₹ 1,23,265₹ 9,16,726₹ 59,16,726
₹ 50,00,0008.51%5₹ 1,02,607₹ 11,56,405₹ 61,56,405
₹ 50,00,0008.51%6₹ 88,917₹ 14,01,991₹ 64,01,991
₹ 50,00,0008.51%7₹ 79,208₹ 16,53,436₹ 66,53,436
₹ 50,00,0008.51%8₹ 71,986₹ 19,10,687₹ 69,10,687
₹ 50,00,0008.51%9₹ 66,423₹ 21,73,681₹ 71,73,681
₹ 50,00,0008.51%10₹ 62,020₹ 24,42,351₹ 74,42,351
₹ 50,00,0008.51%11₹ 58,459₹ 27,16,619₹ 77,16,619
₹ 50,00,0008.51%12₹ 55,531₹ 29,96,402₹ 79,96,402
₹ 50,00,0008.51%13₹ 53,087₹ 32,81,613₹ 82,81,613
₹ 50,00,0008.51%14₹ 51,025₹ 35,72,157₹ 85,72,157
₹ 50,00,0008.51%15₹ 49,266₹ 38,67,932₹ 88,67,932
₹ 50,00,0008.51%16₹ 47,754₹ 41,68,836₹ 91,68,836
₹ 50,00,0008.51%17₹ 46,445₹ 44,74,757₹ 94,74,757
₹ 50,00,0008.51%18₹ 45,304₹ 47,85,582₹ 97,85,582
₹ 50,00,0008.51%19₹ 44,303₹ 51,01,195₹ 1,01,01,195
₹ 50,00,0008.51%20₹ 43,423₹ 54,21,475₹ 1,04,21,475
₹ 50,00,0008.51%21₹ 42,644₹ 57,46,299₹ 1,07,46,299
₹ 50,00,0008.51%22₹ 41,953₹ 60,75,543₹ 1,10,75,543
₹ 50,00,0008.51%23₹ 41,337₹ 64,09,079₹ 1,14,09,079
₹ 50,00,0008.51%24₹ 40,787₹ 67,46,780₹ 1,17,46,780
₹ 50,00,0008.51%25₹ 40,295₹ 70,88,516₹ 1,20,88,516

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

YearPrincipalInterestBalance Amount
1₹ 60,358₹ 4,23,182₹ 49,39,641
2₹ 65,700₹ 4,17,840₹ 48,73,940
3₹ 71,514₹ 4,12,026₹ 48,02,425
4₹ 77,844₹ 4,05,697₹ 47,24,581
5₹ 84,733₹ 3,98,808₹ 46,39,848
6₹ 92,231₹ 3,91,309₹ 45,47,616
7₹ 1,00,394₹ 3,83,146₹ 44,47,222
8₹ 1,09,279₹ 3,74,262₹ 43,37,943
9₹ 1,18,950₹ 3,64,590₹ 42,18,992
10₹ 1,29,477₹ 3,54,063₹ 40,89,515
11₹ 1,40,935₹ 3,42,605₹ 39,48,579
12₹ 1,53,408₹ 3,30,132₹ 37,95,171
13₹ 1,66,984₹ 3,16,556₹ 36,28,186
14₹ 1,81,762₹ 3,01,778₹ 34,46,423
15₹ 1,97,848₹ 2,85,692₹ 32,48,574
16₹ 2,15,358₹ 2,68,182₹ 30,33,216
17₹ 2,34,417₹ 2,49,123₹ 27,98,799
18₹ 2,55,162₹ 2,28,378₹ 25,43,636
19₹ 2,77,744₹ 2,05,796₹ 22,65,892
20₹ 3,02,324₹ 1,81,216₹ 19,63,567
21₹ 3,29,080₹ 1,54,461₹ 16,34,487
22₹ 3,58,203₹ 1,25,337₹ 12,76,284
23₹ 3,89,903₹ 93,637₹ 8,86,380
24₹ 4,24,410₹ 59,131₹ 4,61,970
25₹ 4,62,253₹ 21,571₹ 0

Standard Chartered Bank 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

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EMI Calculator