What formula is used for EMI calculation?

The standard reducing balance formula: EMI = P × r × (1+r)^n / ((1+r)^n − 1), where P is principal, r is monthly interest rate, and n is tenure in months.

What happens if the interest rate is 0%?

The calculator uses a simple division fallback: EMI = Loan Amount ÷ Tenure Months, resulting in zero interest cost.

Does this include processing fees or GST?

No. The EMI shown covers principal and interest only. Add your bank's processing fee separately.

Home Loan EMI Calculator

Calculate your exact monthly EMI, total interest payable, and full amortization schedule using the reducing balance method.

Related Calculators

Rental Yield vs FD Calculator

Rental Yield Calculator

True Cost of Property Purchase

Under-Construction Property Cost

Regulatory Disclaimer

Last verified May 2026

Statutory Disclosure

Nature:Calculator platform and is NOT a SEBI-registered Investment Adviser. All calculations are indicative.

Risk:"Investments in securities market are subject to market risks. Read all related documents carefully before investing."

Consult a SEBI-registered IA or CA for personalised advice.

9 out of 10 traders in F&O incurred net losses (SEBI 2023). Tax estimates based on IT Act 2025. Trezoriq is not liable for financial decisions based on results.