Home Loan EMI Comparison – Rate & Tenure

The same ₹50 lakh loan costs wildly different amounts depending on the rate you accept and the tenure you choose. Change either field here and watch all three numbers — EMI, total interest, total payable — update together, so you can decide between a longer tenure or a lower rate.

The formula

Same EMI formula, two levers

FAQ

Is a longer tenure better for a home loan?

Lower EMIs and easier cash flow — but total interest balloons, often exceeding the principal on 25–30 year loans. Shorter tenures build equity faster.

How much does one year of tenure change my EMI?

On ₹50 lakh at 8.7%, cutting tenure from 25 to 20 years raises the EMI by roughly ₹3,100 but saves around ₹17 lakh in interest.

Should I take a floating or fixed rate?

Floating rates track the RBI repo-linked benchmark and fall when rates do; fixed rates give certainty. In a falling-rate cycle, floating usually wins.

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