₹100 lakh Home Loan EMI for 20 Years at 9.0%

Currency

Loan amount

₹

Interest rate (p.a)

Loan tenure

Monthly EMI

₹

Monthly EMI ₹8,718

Total interest ₹9,12,320

Total amount ₹19,12,320

Principal amount

Total interest

Tools

Payment schedule

Principal Interest Balance left

Period	EMI split	Principal	Interest	Balance left

Related ₹100 lakh home loan EMI for 20 years at 9.0% calculators

How to use Home Loan EMI Calculator

On BlueNest EMI (calculator-emi.com), this EMI calculator prioritizes housing finance decisions for home buyers comparing housing loan EMIs. Home loan EMI calculation, interest impact, and repayment planning. Focused on home-loan EMI affordability and tenure trade-offs.

How EMI is calculated

EMI (Equated Monthly Installment) is the fixed amount you pay every month toward a loan. It covers both principal repayment and interest for that month.

Standard reducing-balance EMI uses: EMI = [P × R × (1+R)^N] / [(1+R)^N − 1], where P is the loan amount, R is the monthly interest rate (annual rate ÷ 12 ÷ 100), and N is the tenure in months.

Worked example

For a ₹10,00,000 loan at 8.5% p.a. for 20 years: monthly rate R ≈ 0.007083 and N = 240. The EMI is about ₹8,678, with total interest far exceeding a shorter tenure at the same rate.

Use the calculator above to change amount, rate, or years and instantly see monthly EMI, total interest, and total amount payable.

Tips to lower your EMI burden

A longer tenure lowers EMI but raises total interest. A shorter tenure raises EMI but usually saves interest.

Compare lender rates, check processing fees, and consider part-prepayment when surplus cash is available—always review prepayment charges first.

Home loan tenure vs total interest

Extending a home loan from 15 to 20 years lowers EMI but often adds several lakhs in interest over the full term.

Use the calculator to compare two tenures side by side before locking a sanction letter.

Figures on BlueNest EMI are estimates for education only—not financial, tax, or investment advice. Confirm rates, fees, and terms with your lender or fund house.

Commonly Asked Questions

At 9.0% p.a., a ₹100 lakh home loan for 20 years has an estimated monthly EMI of ₹89,973. Total payable is about ₹2,15,93,423 (interest ≈ ₹1,15,93,423). Actual EMI depends on your lender’s rate.

EMI uses the reducing-balance formula: EMI = P × r × (1+r)^n / ((1+r)^n − 1), where P is principal, r is monthly interest rate, and n is tenure in months.

Yes. Use the sliders to try other tenures and interest rates. Shorter tenure raises EMI but usually cuts total interest; a lower rate reduces both EMI and interest cost.