# Know the instalment before you sign

And know how much of it is interest, which is the part nobody shows you.

Calculate your home loan EMI, total interest, and year-by-year repayment schedule. See exactly how much of each instalment is interest.

## What you enter

- Loan amount
- Loan tenure
- Interest rate

## What you get back

- Your EMI would be
- for {years} years on a ₹{principal} loan

## Questions about this calculator

### Why is my early EMI almost all interest?

Interest is charged on the outstanding balance, which is highest at the start. On a ₹50 lakh 20-year loan, the first year repays under ₹1 lakh of principal against more than ₹4 lakh of interest.

### Does a shorter tenure really help?

Substantially. The EMI rises, but total interest falls sharply because the balance clears faster.

### Can prepaying reduce my interest?

Yes. Any prepayment goes straight against principal, so every rupee saves you all the future interest that rupee would have carried.

## Other calculators

- [SIP calculator](https://eazysip.com/calculators/sip)
- [Goal planner](https://eazysip.com/calculators/goal-planner)
- [Step-up SIP calculator](https://eazysip.com/calculators/step-up-sip)
- [Cost of delay calculator](https://eazysip.com/calculators/cost-of-delay)
- [Budget calculator](https://eazysip.com/calculators/budget)

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## Disclaimer

Mutual fund investments are subject to market risks. Read all scheme related documents carefully. Past performance is not indicative of future returns. EazySIP is operated by Dzambala Financial Services LLP, an AMFI-registered Mutual Fund Distributor (ARN-313834); investments are made in Regular Plans, for which the distributor receives trail commission from the AMC.