Mortgage clarity
Your monthly number, no surprises.
Every listing shows a real EMI. Move the sliders to see exactly what a home costs each month.
Move the sliders to model your home loan — property price, down payment, interest rate, and tenure. The chart updates instantly so you can see how each input shifts your monthly EMI and total interest before you commit to a lender.
About this EMI calculator
This calculator uses the standard reducing-balance EMI formula on the loan amount (property price minus down payment). Results are indicative only — actual offers depend on your credit profile, lender policies, processing fees, insurance, and whether the rate is fixed or floating. ZeroFeeHomes does not provide loans; use this tool to compare scenarios and negotiate with confidence. Buying without brokerage also means more of your budget can go toward the down payment instead of agent fees.
Frequently Asked Questions
How is EMI calculated?+
EMI is computed on the loan principal using the formula for equated monthly instalments at the annual interest rate you enter, spread over the tenure in years. Each payment covers interest on the outstanding balance plus principal repayment.
What down payment should I plan for?+
Most Indian home loans require 10–25% down payment. A higher down payment lowers EMI and total interest, but keep an emergency buffer — do not deploy every rupee into the down payment.
Does this include registration, GST, or stamp duty?+
No. This tool models only the home loan EMI on the property price you enter. Registration charges, stamp duty, GST on under-construction homes, and maintenance deposits are separate costs.
Are the interest rates shown actual bank rates?+
Rates vary by lender, profile, and product. The slider lets you test a range (6.5%–12%). Check with banks or NBFCs for live offers before applying.
How does zero brokerage affect my loan capacity?+
On a ₹2 Cr purchase, skipping 2% brokerage saves ₹4 lakh — money you can add to your down payment or keep for interiors. That directly improves affordability without increasing EMI.