- The home loan calculator evaluates the total EMIs and the overall interest cost.
- It is time-saving and takes less effort.
- The tool is user-friendly and is free of cost.
- It gives accurate results.
- You can assess your loan affordability using an EMI calculator.
HDFC Bank Home Loan EMI Calculator
HDFC Bank Home Loan EMI Calculator enables loan applicants to calculate the EMIs and total interest costs payable on their home loans for various combinations of loan amounts, interest rates and repayment tenures. Individuals can also use the HDFC home loan EMI calculator to find out the optimal EMI and loan tenure for their housing loans based on their repayment capacity and monthly contributions towards their important financial goals.
Calculate your Home Loan EMI Online
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Principal Amount₹0
Interest Amount₹0
Total Amount₹0
Find Best Home Loan Offers
HDFC Bank
Min Loan Amt. ₹15L
Rate of Interest7.2% - 13.2%
Tenure uptoUpto 30 Years
Processing Fee₹ 10,000
ICICI Bank
Min Loan Amt. ₹15L
Rate of Interest7.65% - 9.80%
Tenure uptoUpto 30 Years
Processing Fee₹ 10,000
Axis Bank
Min Loan Amt. ₹30L
Rate of Interest8.35% - 11.90%
Tenure uptoUpto 30 Years
Processing Fee₹ 14,000
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End-to-End Digital Process
How Can I Apply for a Home Loan Online?
Step 1: Enter your mobile number in the application form.
Step 2: Verify using the OTP sent to your mobile number.
Step 3: Enter details related to your loan requirements.
Step 4: Provide your personal and employment details.
Step 5: Compare offers and apply for the best-suited loan.
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Features of HDFC Bank Home Loan EMI Calculator
Key Components of the EMI Calculator
The key components of the calculator include:
HDFC Bank Home Loan EMI Scenarios
For 20 years
| Loan Amount (Rs.) | Interest Rate (p.a.) | Tenure (years) | EMI (Rs.) |
|---|---|---|---|
| 40 lakh | 7.90% | 20 | 33,209 |
| 30 lakh | 7.90% | 20 | 24,907 |
| 20 lakh | 7.90% | 20 | 16,605 |
| 10 lakh | 7.90% | 20 | 8,302 |
For 30 years
| Loan Amount (Rs.) | Interest Rate (p.a.) | Tenure (years) | EMI (Rs.) |
|---|---|---|---|
| 40 lakh | 7.90% | 30 | 29,072 |
| 30 lakh | 7.90% | 30 | 21,804 |
| 20 lakh | 7.90% | 30 | 14,536 |
| 10 lakh | 7.90% | 30 | 7,268 |
Part-Prepayment & Its Effect on HDFC Bank Home Loan EMI
Whenever you have surplus, you can pay a lump sum amount towards your principal amount before its maturity date. This is known as part-prepayment. This reduces your outstanding loan amount and eventually your EMI and total interest cost. The higher the prepayment amount, lower is the total loan cost. Thus, the loan gets closer faster.
HDFC Bank offers home loans at floating interest rates and do not charge any prepayment fees from their borrowers. However, for fixed interest rate home loans, lenders usually charge a prepayment fee of up to 2% of the prepaid loan amount.
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Why Choose Paisabazaar?



Compare & Choose the Best Offer
Pre-approved Offers with Instant Disbursals
Know Your Chances of Approval
End-to-End Digital Process
How Can I Apply for a Home Loan Online?
Step 1: Enter your mobile number in the application form.
Step 2: Verify using the OTP sent to your mobile number.
Step 3: Enter details related to your loan requirements.
Step 4: Provide your personal and employment details.
Step 5: Compare offers and apply for the best-suited loan.
Apply Now
FAQs
What is HDFC Bank home loan EMI Calculator?
HDFC Bank home loan EMI calculator is an online financial tool that helps in evaluating the EMI and total interest cost to be paid through the loan tenure.
How does HDFC Bank home loan EMI calculator evaluate the home loan EMI?
HDFC Bank home loan EMI calculator evaluates the home loan EMI based on the standard mathematical formula. All you need to do is enter the loan amount, interest rate and loan tenure in the EMI calculator and get instant results.
Are the EMIs shown by the calculator accurate for HDFC Bank home loan?
Yes, the EMI shown by the calculator are accurate for HDFC Bank home loan.
Does HDFC Bank home loan have prepayment charges that affect the EMI?
HDFC Bank offers home loans at floating interest rates. Therefore, it does not charge any prepayment fees.
What happens to the EMI when interest rates fall?
EMI is directly related to the interest rates. As the interest rate falls, the EMI reduces.
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