Home Loan EMI Calculator

Calculating your Home Loan EMI is now easier than ever with our user-friendly and efficient Home Loan EMI Calculator. Whether you have a ₹30 lakh home loan EMI for 20 years or a ₹20 lakh home loan EMI for 10 years, use the calculator to understand your home loan interest rates and monthly instalment amount. This will ensure that you can plan your finances with confidence. At Axis Bank, we believe in empowering you with the right tools to make informed decisions about your Home Loan.

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Break-up of Total Payment

Principal Amt
Interest Amt
Total Amt Payble

Amortization Schedule

home loan interest rates with further options for you to choose between fixed or floating rates throughout the loan tenure.

You can also find out the Axis Bank home loan eligibility criteria online. for Axis Bank offers Home Loans online


Axis Bank does not guarantee accuracy, completeness or correct sequence of any the details provided therein and therefore no reliance should be placed by the user for any purpose whatsoever on the information contained / data generated herein or on its completeness / accuracy. The use of any information set out is entirely at the User's own risk. User should exercise due care and caution (including if necessary, obtaining of advise of tax/ legal/ accounting/ financial/ other professionals) prior to taking of any decision, acting or omitting to act, on the basis of the information contained / data generated herein. Axis Bank does not undertake any liability or responsibility to update any data. No claim (whether in contract, tort (including negligence) or otherwise) shall arise out of or in connection with the services against Axis Bank. Neither Axis Bank nor any of its agents or licensors or group companies shall be liable to user/ any third party, for any direct, indirect, incidental, special or consequential loss or damages (including, without limitation for loss of profit, business opportunity or loss of goodwill) whatsoever, whether in contract, tort, misrepresentation or otherwise arising from the use of these tools/ information contained / data generated herein.

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Axis Bank Home Loan EMI Calculator

Are you ready to turn your home aspirations into reality? Whether it's a spacious apartment, a cosy villa, or your dream bungalow, Axis Bank is here to guide you every step of the way. Welcome to Axis Bank's Home Loan EMI Calculator, a trusted tool to plan and manage your dream home purchase. 

With our Home Loan EMI Calculator, you can effortlessly determine the optimal loan amount and tenure that suits your budget and preferences. By adjusting the loan tenure, interest rates and principal amount, you can explore various scenarios to find the perfect fit for your financial goals. Our calculator takes into account the prevailing Home Loan interest rates, ensuring accurate calculations and reliable results, thereby helping you save on interest on your home loan repayments.

Here’s why you should use a Home Loan EMI Calculator

  • To arrive at the EMI amount most affordable for you based on your loan amount, interest rate and loan tenure
  • To know the break-up of the repayment going towards the principal and interest components of your loan
  • To calculate your total monthly and annual interest outgo over the entire loan tenure, which will help you plan your finances better
  • To know how much you can save on the interest outgo if the loan EMI or tenure changes in future

At Axis Bank, we understand that buying a home is a significant milestone in your life. We are committed to ensuring that you have a smooth and transparent experience throughout the entire process and save interest on Home Loans. Our Home Loan EMI Calculator is just one of the many resources we provide to support you on this exciting journey.

How to use the Home Loan EMI Calculator

  • Fill in the loan amount you plan to apply for
  • Fill in the interest rate offered by the bank
  • Fill in the number of years for which you plan to avail of the loan
  • The calculator will automatically show you the monthly EMI and the break-up of the total payment
  • Check the amortization schedule to understand the repayment – principal + interest – over the entire loan tenure

Take the first step towards your dream home today! Use our Home Loan EMI Calculator to explore your options, find out the ₹30 lakh and ₹50 lakh home loan interest rates, calculate your EMIs, and plan your financial future with confidence. We are here to assist you at every stage of your Home Loan journey, providing personalised solutions that align with your unique needs.

Experience the Axis Bank advantage and let us help you turn your dream home into a reality. Click here to begin your Home Loan journey with us today!

Frequently Asked Questions

EMI’s or Equated Monthly instalments are a systematized and comfortable approach to repaying loans availed. The amount repayable (amount borrowed + amount payable towards interest) is divided throughout the tenor of the loan with uniform amounts payable per month.

Each such monthly amount repayable is called an EMI

To allocate amount paid towards the interest and principal, applicants are provided an amortization schedule which indicates corresponding balance amounts per year.

Though the EMIs remain largely uniform throughout the tenure of their loan, the amounts repaid are credited towards the principal and interest to be repaid. Typically the initial instalments contribute more towards the interest amount with later instalments going towards the principal.

An amortization schedule provides the break-up of these amounts repaid towards principal and interest along with their respective balances through every year of the loan.

Simply put, an amortization schedule is the road map towards the repayment of your home loan denoting the milestones and the ideal points you should be at through the cycle.

Use Axis Bank's Home Loan EMI calculator to plan the tenure and repayment structure for your loan.

Simply key in the amount, rate and tenure for which the home loan is sought, the Home Loan EMI Calculator will automatically reflect the EMIs applicable for the loan tenure.

Also, remember to refer the amortization table for a year-wise plan of repayments throughout the loan tenure.

For further details or to begin availing your loan, simply click on the "Get a call back" button and fill in your details.

  • Salaried individuals (working in government and private sector)
  • Professionals (i.e. doctors, engineers, dentists, architects, chartered accountants, cost accountants, company secretary, management consultants, etc.)
  • Self-employed in business and filing Income-Tax Returns
  • Individuals over 21 years of age and ideally not over 60-65 years.

The documents required for a home loan application process include the following:

  • Income statements
  • Salary slips and Form 16
  • Bank statements
  • Latest Income-Tax Returns
  • Credit report
  • Age proof (Aadhaar, Passport, PAN card, Driving License, etc.)
  • Address proof (Aadhaar, Passport, Driving License, electricity bill, telephone bill, ration card, etc.)
  • Photo identification proof (Aadhaar, Passport, PAN card, Voter id, Driving license, etc.)
  • Property documents (Sale deed, agreement of sale with the builder, Land and building tax paid receipts, certified copy of the sanctioned plan of the property, possession certificate, original receipts of the advance paid for purchase, detail of estimated cost of construction, No Objection Certificate (NOC) from the housing society or builder, letter from the builder/society/housing board stating their bank account details for remittances)

For Home Loan balance transfer, i.e. takeover of the loan from another bank/financial institution, the following is required:

  • The original list of documents from the previous financer
  • Latest 12 months loan A/C statement with the latest outstanding letter
  • Existing loan details and 6 months bank statement from where EMI is deducted
  • Own contribution receipts
  • Indenture of guarantee, an undertaking of indemnity, forwarding letter and Annexures in Axis Bank format

The minimum borrowing under the home loan is Rs 3 lakh.

Your EMI will be due on a fixed date each month. This date will be notified when your loan is disbursed.

Yes, the home loan can also be availed to construct, repair, renovation, and home extension.

Yes, there are tax benefits of availing a home loan. The principal portion of your home loan EMI is eligible for a deduction under Section 80C of the Income-tax Act, 1961, subject to a maximum limit of Rs 1.50 lakh.

If you are a “first-time home buyer”, you can even claim an additional deduction upto Rs 50,000 under Section 80EE (subject to certain conditions). This additional deduction can be availed after first exhausting the limit under Section 24(b) for the interest portion.

Section 24(b) of the Income-tax Act, 1961, allows a deduction for the interest component of the home loan EMI. For a self-occupied property, the deduction under Section 24(b) is Rs 2.00 lakh per annum.

And in case the house is let-out on rent, i.e. it is a Let-Out Property (LOP), the actual interest payable is eligible for deduction under Section 24(b), thereby not being subject to any maximum limit.

Do note, if you have taken a loan for the purpose of reconstructing, repairing or renovating the property, the amount of deduction you are eligible for under Section 24(b) will be restricted to Rs 30,000, irrespective whether you want to stay in it or let it out on rent.

Some of the key benefits of choosing an Axis Bank Home Loan are;

  • Quick and Transparent application process; you could check your loan eligibility here, calculate the EMI online and begin the application for your loan. Disbursal of the loan can be done as quickly as 15 days post-application. Premium banking customers can directly contact their relationship managers.
  • Flexibility of interest rates and tenure; Axis Bank Home loans provide competitive interest rates with further options for you to choose between fixed or floating rates throughout the loan tenure. The tenure too can be set as per your requirement and convenience; either for a short period to ensure that your interest payable is minimal or over a duration spanning as long as 30 years to facilitate a low EMI.
  • Added benefits for transfer/prepayment; Axis Bank home loans carry no charges towards pre-payment of your loan. You can also easily transfer your existing home loans to Axis Bank without any hassle.
  • Doorstep collection service; facility for applying for Axis Bank home loan and making a payment towards already availed of home Loan from the comfort of your home.

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