50 lakh home loan EMI calculator

By Anchal Katyal · Written on Jun 5, 2026 · Verified on Sep 23, 2026

EMI on ₹50 lakh at 7.75% for 20 years is about ₹ 41,047 a month, with ₹48.5 lakh in total interest. Change the rate, tenure or amount below, or add a prepayment to compare.

What you'll learn:

EMI across common rates and tenures
What to plan for at ₹50 lakh
Total repayment in a worked example

Home Loan

Currency

Loan amount

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Interest rate

Tenure

Processing fee

Prepayments

Lump-sum

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Extra / month

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After prepay

Compare with my salary

Take-home / month

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Existing EMIs

₹

Monthly EMI-

Principal-

Total interest-

Total payment-

Interest share-

Payment breakup

Principal
Interest

Amortization schedule

Starting from

Yearly principal vs interest

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Interest

#	Date	EMI	Principal	Interest	Balance

Lowest home loan rates from Indian lenders

Your EMI at each lender for ₹ 50 Lakhs over 20 yrs, at the low and high ends of its public rate band. The low end goes to the strongest profiles; your sanction letter sets your rate.

Lender	Rate band	EMI from	EMI up to	Lender's page
LIC Housing Finance	7.15% to 10.15%	₹ 39,216	₹ 48,749	Get offer: LIC Housing Finance (opens in a new tab)
Canara Bank	7.15% to 10%	₹ 39,216	₹ 48,251	Get offer: Canara Bank (opens in a new tab)
SBI	7.25% to 8.55%	₹ 39,519	₹ 43,550	Get offer: SBI (opens in a new tab)
Bajaj Finserv	7.25% to 10.25%	₹ 39,519	₹ 49,082	Get offer: Bajaj Finserv (opens in a new tab)
PNB	7.45% to 8.05%	₹ 40,127	₹ 41,978	Get offer: PNB (opens in a new tab)
Bank of Baroda	7.45% to 9.2%	₹ 40,127	₹ 45,631	Get offer: Bank of Baroda (opens in a new tab)
ICICI	7.55% to 10.05%	₹ 40,433	₹ 48,417	Get offer: ICICI (opens in a new tab)
Kotak	7.6% onwards	₹ 40,586	–	Get offer: Kotak (opens in a new tab)
Axis	8% to 9.1%	₹ 41,822	₹ 45,308	Get offer: Axis (opens in a new tab)
HDFC	8% to 13.45%	₹ 41,822	₹ 60,189	Get offer: HDFC (opens in a new tab)

Ordered by lowest advertised rate. Bands checked against each lender's public rate card between 10 Oct 2026 and 11 Oct 2026; they are not live quotes. We are not a lender and do not collect your details: "Get offer" opens the lender's own site. Fees, repo-hike status and public vs private averages are on the home loan interest rates page.

Planning a ₹50 lakh home loan EMI

₹50 lakh home loan EMI is about ₹ 41,047 at 7.75% for 20 years, with total interest roughly ₹48.5 lakh if you never prepay and the rate does not change. ₹50 lakh is a common loan for a 2BHK or 3BHK in a large city, on a property worth about ₹62 lakh or more.

Before you sign, try 1% higher in the calculator: at 8.75% the EMI becomes ₹44,186, about ₹3,138 more a month. If you claim tax benefits under the old regime, they recover only part of the interest. Work out the EMI first and the tax saving second.

EMI at common rates for ₹ 50,00,000

Monthly reducing-balance EMI if the rate stays constant. Highlighted cells are nearest to 7.75% for 20 years.

Rate	10 yr	15 yr	20 yr	25 yr	30 yr
7%	₹ 58,054	₹ 44,941	₹ 38,765	₹ 35,339	₹ 33,265
7.5%	₹ 59,351	₹ 46,351	₹ 40,280	₹ 36,950	₹ 34,961
8%	₹ 60,664	₹ 47,783	₹ 41,822	₹ 38,591	₹ 36,688
8.5%	₹ 61,993	₹ 49,237	₹ 43,391	₹ 40,261	₹ 38,446
9%	₹ 63,338	₹ 50,713	₹ 44,986	₹ 41,960	₹ 40,231

Figures exclude processing fees, insurance, and floating-rate resets. Use the calculator above for your exact quote, then stress rate +1%. See also the home loan EMI calculator, prepayment, and eligibility tools.

Key takeaways

Taking 15 years instead of 20 raises the EMI to ₹47,064 but cuts total interest by about ₹13.8 lakh.
Paying ₹2.5 lakh extra after the first year, with the EMI unchanged, saves about ₹7.5 lakh in interest and ends the loan 2 years early.
If the rate rises 1% and the bank keeps your EMI the same, the loan runs about 5 years 2 months longer and costs about ₹25.3 lakh more in interest.
Stretching to 25 years lowers the EMI to ₹37,766 but adds about ₹14.8 lakh in interest.

Worked example: ₹ 50,00,000 at 7.75% for 20 years

₹ 50,00,000 home loan EMI ≈ ₹ 41,047. Over 240 months you would pay about ₹ 98,51,382 in total, of which roughly ₹ 48,51,382 is interest if you make no prepayments and the rate stays constant. Raise the rate by 1%, or add a lump sum under Prepayments, to see how much the total interest changes.

Formula: Same reducing-balance EMI formula banks use: E = P × r × (1+r)^n ÷ ((1+r)^n - 1), with r as monthly rate and n as months. Property taxes and insurance are not included in EMI unless you add them separately.

Figures are estimates for education and planning and may differ from your lender’s schedule due to fees, floating rates, or product rules.

Last updated on Jul 12, 2026.

FAQs

What is the EMI on a ₹50 lakh home loan?

₹50 lakh home loan EMI is about ₹ 41,047 at 7.75% for 20 years (240 months). Total interest is roughly ₹48.5 lakh before fees if the rate stays constant and you make no prepayments. Change rate and tenure above to match your quote.

How do tax benefits interact with a ₹50 lakh loan?

Under the old regime, eligible self-occupied interest is generally capped near ₹2 lakh a year under Section 22 (old 24(b)), and principal may compete inside Section 123 (old 80C). The new regime generally denies those self-occupied benefits. See the tax-benefit guide and tool; this calculator does not apply tax.

What income supports ₹50 lakh comfortably?

That depends on FOIR, other EMIs, and the lender’s policy. Check whether the +1% stressed EMI still fits your surplus, then confirm with the eligibility calculator and a written in-principle offer.

Should I prepay or transfer a ₹50 lakh loan?

Compare three paths on the same outstanding: prepay only, transfer only, and transfer plus prepay. Include every fee. Large remaining principal with many years left is where either lever can matter; late tenure usually favours staying put unless the rate gap is wide.