EMI for a ₹1 crore home loan

Rules for FY 2026-27 · Checked 24 October 2026

Short answer

The EMI on a ₹1 crore home loan is ₹86,782 a month at 8.5% for 20 years. Over the loan you pay ₹1.08Cr in interest, ₹2.08Cr in all. Most lenders would want a take-home pay of about ₹1,73,565 a month for this EMI.

  • EMI a month₹86,7828.5%, 20 years
  • Total interest₹1.08Cr108% of the loan
  • Take-home needed₹1,73,565About twice the EMI
  • One extra EMI a yearSaves ₹20.58LEnds 3 years 3 months early

EMI on ₹1 crore at different rates and tenures

Tenure7.5%8%8.5%9%9.5%
10 years₹1,18,702₹1,21,328₹1,23,986₹1,26,676₹1,29,398
15 years₹92,701₹95,565₹98,474₹1,01,427₹1,04,422
20 years₹80,559₹83,644₹86,782₹89,973₹93,213
25 years₹73,899₹77,182₹80,523₹83,920₹87,370
30 years₹69,921₹73,376₹76,891₹80,462₹84,085

A longer tenure lowers the EMI but adds a lot of interest. Choose the shortest tenure whose EMI you can pay comfortably, and prepay when you can.

EMI on nearby loan amounts

LoanEMI (8.5%, 20 years)Total interest
₹80 lakh₹69,426₹86.62L
₹90 lakh₹78,104₹97.45L
₹1 crore₹86,782₹1.08Cr

Try your own rate and prepayments

1 crore
₹
%

Home loans 7.5–9.5%, car loans 8.5–11%, personal loans 10.5–24%.

yrs
₹

A prepayment at the end of each year. Your EMI stays the same; the loan ends sooner.

Monthly EMI₹86,782

for 20 years.

  • You pay ₹1.08Cr in interest: 108% of the loan.
  • In the first year, 81% of every EMI goes to interest.
  • Paying ₹2L extra a year would save ₹37.11L of interest.
Total paid₹2.08Cr
  • Principal₹1,00,00,000
  • Total interest₹1,08,27,758
Total interest
₹1,08,27,758
Total paid (principal + interest)
₹2,08,27,758
Loan left at the end of each yearYear 20: ₹0 left
1234567891011121314151617181920
Repayment schedule by year
YearPrincipalInterestBalance
1₹1,99,023₹8,42,365₹98,00,977
2₹2,16,615₹8,24,773₹95,84,362
3₹2,35,762₹8,05,626₹93,48,601
4₹2,56,601₹7,84,787₹90,92,000
5₹2,79,282₹7,62,106₹88,12,718
6₹3,03,968₹7,37,420₹85,08,750
7₹3,30,836₹7,10,552₹81,77,915
8₹3,60,079₹6,81,309₹78,17,836
9₹3,91,906₹6,49,482₹74,25,930
10₹4,26,547₹6,14,841₹69,99,382
11₹4,64,250₹5,77,138₹65,35,132
12₹5,05,286₹5,36,102₹60,29,846
13₹5,49,948₹4,91,439₹54,79,898
14₹5,98,559₹4,42,829₹48,81,339
15₹6,51,466₹3,89,922₹42,29,873
16₹7,09,050₹3,32,338₹35,20,823
17₹7,71,723₹2,69,665₹27,49,100
18₹8,39,937₹2,01,451₹19,09,164
19₹9,14,179₹1,27,209₹9,94,984
20₹9,94,984₹46,403₹0

Frequently asked questions

What is the EMI for a ₹1 crore home loan for 20 years?

₹86,782 a month at 8.5%. At 8% it is ₹83,644 and at 9% it is ₹89,973.

How much salary do I need for a ₹1 crore home loan?

Many lenders keep all your EMIs within about half of your take-home pay, so an EMI of ₹86,782 needs roughly ₹1,73,565 a month in hand, if you have no other loans. Each lender has its own limits.

How much interest will I pay on a ₹1 crore home loan?

About ₹1.08Cr over 20 years at 8.5%, so you repay ₹2.08Cr in all. Paying one extra EMI a year saves about ₹20.58L and ends the loan 3 years 3 months early.

EMI for other loan amounts