⚡ Precision Financial Simulator
Smart Home Loan EMI & Amortization Engine
Simulate monthly repayments, compare down-payment scenarios, compute total interest savings under Section 24 IT Act, and view your complete 30-year repayment schedule.
Quick Amounts:
Loan Calculator Controls
Adjust sliders to model customized financing scenarios
₹
₹10 L₹1 Cr₹5 Cr₹10 Cr
₹30,00,000
10% (Min)20% (Standard)40%60%
Current repo-linked home loan rates range 8.3% – 9.2%
30-Year Amortization Schedule
Principal vs Interest Breakdown| Tenure Year | Principal Paid | Interest Paid | Remaining Balance |
|---|---|---|---|
| Year 1 | ₹2,38,828 | ₹10,10,838 | ₹1,17,61,172 |
| Year 2 | ₹2,59,938 | ₹9,89,728 | ₹1,15,01,235 |
| Year 3 | ₹2,82,914 | ₹9,66,752 | ₹1,12,18,321 |
| Year 4 | ₹3,07,921 | ₹9,41,745 | ₹1,09,10,400 |
| Year 5 | ₹3,35,138 | ₹9,14,527 | ₹1,05,75,262 |
| Year 6 | ₹3,64,761 | ₹8,84,904 | ₹1,02,10,501 |
| Year 7 | ₹3,97,003 | ₹8,52,662 | ₹98,13,498 |
| Year 8 | ₹4,32,094 | ₹8,17,571 | ₹93,81,403 |
| Year 9 | ₹4,70,288 | ₹7,79,378 | ₹89,11,116 |
| Year 10 | ₹5,11,857 | ₹7,37,809 | ₹83,99,259 |
| Year 11 | ₹5,57,100 | ₹6,92,565 | ₹78,42,158 |
| Year 12 | ₹6,06,343 | ₹6,43,323 | ₹72,35,816 |
| Year 13 | ₹6,59,938 | ₹5,89,727 | ₹65,75,877 |
| Year 14 | ₹7,18,271 | ₹5,31,395 | ₹58,57,607 |
| Year 15 | ₹7,81,759 | ₹4,67,906 | ₹50,75,848 |
| Year 16 | ₹8,50,860 | ₹3,98,806 | ₹42,24,988 |
| Year 17 | ₹9,26,068 | ₹3,23,598 | ₹32,98,920 |
| Year 18 | ₹10,07,924 | ₹2,41,742 | ₹22,90,996 |
| Year 19 | ₹10,97,015 | ₹1,52,650 | ₹11,93,981 |
| Year 20 | ₹11,93,981 | ₹55,684 | ₹0 |
Monthly Home EMI
Calculated₹1,04,139/month
Principal Loan Amount₹1,20,00,000
Total Interest Payable₹1,29,93,309
Total Amount Payable₹2,49,93,309
Repayment Distribution
● Principal (48%)● Interest (52%)
🛡️ Income Tax Exemptions (Section 24 & 80C)
- ✓Section 24(b): Claim up to ₹2 Lakhs tax deduction on home loan interest paid annually.
- ✓Section 80C: Claim up to ₹1.5 Lakhs tax deduction on principal repayment.