Home Loan Calculator
EMI, tax benefits, PMAY subsidy, stamp duty, balance transfer & prepayment planner
Home Loan Details
EMI = P × r × (1+r)n / ((1+r)n - 1)
📅 Month-by-Month Amortization
▼💰 Home Loan Tax Benefits
Calculate tax savings under Section 24(b), 80C, and 80EEA for FY 2026-27.
⚠️ Tax benefits are based on FY 2026-27 rules. New regime has limited home loan deductions. Consult a CA for your specific case.
Section 24(b) - Interest Deduction
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Section 80C - Principal Repayment
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Section 80EEA - First Home Buyer
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₹1.5L
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🏆 Total Annual Tax Benefit (Year 1)
🏗️ PMAY Subsidy Calculator
Pradhan Mantri Awas Yojana - Credit Linked Subsidy Scheme (CLSS)
Note: PMAY-Urban scheme. The subsidy is calculated as NPV of interest subsidy at 9% discount rate. Subsidy amount is credited to your loan account, reducing principal.
| Category | Income | Subsidy Rate | Max Loan | Max Area | Max Tenure |
|---|---|---|---|---|---|
| EWS | up to ₹3L | 6.5% | ₹6L | 30 sq.m | 20 yr |
| LIG | ₹3-6L | 6.5% | ₹6L | 60 sq.m | 20 yr |
| MIG-I | ₹6-12L | 4% | ₹9L | 160 sq.m | 20 yr |
| MIG-II | ₹12-18L | 3% | ₹12L | 200 sq.m | 20 yr |
PMAY Subsidy Benefit
📄 Stamp Duty & Registration Estimator
Estimate stamp duty and registration charges based on your state.
Stamp Duty Breakdown
🔄 Balance Transfer Analysis
Should you transfer your home loan to a lower rate? Find out with exact savings.
Current Loan
New Bank Offer
Transfer Verdict
⚡ Home Loan Prepayment Planner
See how extra payments can save lakhs in interest and cut years off your home loan.
Prepayment Impact
Home Loan Guide
Home Loan Basics
Home loans in India range from 6.5-10% p.a. for tenure up to 30 years. Banks finance 75-90% of property value. Processing fee is typically 0.25-1%.
Tax Benefits
Interest up to ₹2L/year deductible under Section 24(b). Principal up to ₹1.5L under 80C. First-time buyers get extra ₹1.5L under 80EEA (if stamp value ≤ ₹45L).
Smart Tips
Choose 20 years over 30 years to save massive interest. Make prepayments whenever possible. Consider balance transfer if rates drop by 0.5%+. Always negotiate processing fees.