๐ Mortgage Calculator
๐ Result
๐ Amortization Schedule
# | Principal Paid | Interest Paid | Total Payment | Balance |
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๐ Free Mortgage Calculator India โ EMI, Interest & Chart
Looking to buy a home? Use our free Mortgage Calculator to estimate your monthly EMI, total interest, and repayment schedule. Whether youโre applying for a home loan or comparing interest rates, this easy tool gives you full clarity on your financial commitment.
๐ข What You Can Do with This Calculator:
- Calculate accurate monthly EMI based on loan amount, interest rate, and tenure
- View the complete amortization table month-wise or year-wise
- Understand principal vs interest breakdown with an interactive chart
- Switch between monthly or yearly terms with one click
- Copy and share your results with a simple link
๐งฎ How Mortgage EMI is Calculated
The EMI (Equated Monthly Installment) is calculated using this formula:EMI = [P ร r ร (1 + r)^n] / [(1 + r)^n โ 1]
Where:
- P = Loan Amount
- r = Monthly Interest Rate
- n = Total number of months
๐ Why Use This Mortgage Calculator?
Unlike basic EMI tools, this calculator provides a complete view of your repayment journey. Whether you’re a first-time home buyer or refinancing an existing loan, this tool helps you plan better.
๐ค Share or Save Your Calculation
After calculating, click the ๐ Copy Shareable Link button to save your configuration or send it to your family, broker, or banker. The link opens the calculator with all your values prefilled.
๐ Visualize Your Loan with Charts
A color-coded doughnut chart shows you the split between principal and interest โ giving you instant clarity about the cost of borrowing.
Try the calculator now and make smarter, informed home loan decisions in seconds!