About these EMI guides
Each article works out the EMI with the standard reducing-balance formula and the rates borrowers are actually being offered after the RBI’s October 2026 repo hike to 5.50%. For home loans we use 8% as a typical rate for a salaried borrower with a good credit score (SBI: 7.5%–8.8%; HDFC Bank: from 8%). Car loans use 9% (SBI 8.55%–9.5%) and personal loans 12%. Every page also shows other rates, so you can find the line that matches your sanction letter.
Home loan EMI by amount
EMI for 15, 20, 25 and 30 years, total interest, salary required (50% FOIR), down payment under RBI’s LTV limits, prepayment savings and old vs new regime tax.
Guides: how EMIs work
The formula, the effect of repo-rate changes, tenure choice, eligibility, tax and the prepay-or-invest question.
Car loan EMI
3 to 7-year tenures, SBI rate bands, the 20/4/10 rule and loan balance vs car value.
Personal loan EMI
1 to 5 years, processing fees and true APR, flat vs reducing rates, and credit-card comparison.
Home loan EMI table at 8%
| Loan | 15 yrs | 20 yrs | 25 yrs | 30 yrs |
|---|---|---|---|---|
| ₹10 lakh | ₹9,557 | ₹8,364 | ₹7,718 | ₹7,338 |
| ₹15 lakh | ₹14,335 | ₹12,547 | ₹11,577 | ₹11,006 |
| ₹20 lakh | ₹19,113 | ₹16,729 | ₹15,436 | ₹14,675 |
| ₹25 lakh | ₹23,891 | ₹20,911 | ₹19,295 | ₹18,344 |
| ₹30 lakh | ₹28,670 | ₹25,093 | ₹23,154 | ₹22,013 |
| ₹35 lakh | ₹33,448 | ₹29,275 | ₹27,014 | ₹25,682 |
| ₹40 lakh | ₹38,226 | ₹33,458 | ₹30,873 | ₹29,351 |
| ₹45 lakh | ₹43,004 | ₹37,640 | ₹34,732 | ₹33,019 |
| ₹50 lakh | ₹47,783 | ₹41,822 | ₹38,591 | ₹36,688 |
| ₹60 lakh | ₹57,339 | ₹50,186 | ₹46,309 | ₹44,026 |
| ₹70 lakh | ₹66,896 | ₹58,551 | ₹54,027 | ₹51,364 |
| ₹75 lakh | ₹71,674 | ₹62,733 | ₹57,886 | ₹55,032 |
| ₹80 lakh | ₹76,452 | ₹66,915 | ₹61,745 | ₹58,701 |
| ₹90 lakh | ₹86,009 | ₹75,280 | ₹69,463 | ₹66,039 |
| ₹1 crore | ₹95,565 | ₹83,644 | ₹77,182 | ₹73,376 |
| ₹1.5 crore | ₹1,43,348 | ₹1,25,466 | ₹1,15,772 | ₹1,10,065 |
| ₹2 crore | ₹1,91,130 | ₹1,67,288 | ₹1,54,363 | ₹1,46,753 |
FAQ
What is the EMI for a ₹50 lakh home loan?
About ₹41,822 a month for 20 years at 8%, or ₹36,688 for 30 years.
What is the EMI per lakh for a home loan?
At 8%, about ₹836 per ₹1 lakh for 20 years and ₹734 for 30 years.
What are current home loan interest rates?
As of 3 November 2026, SBI’s regular home loans are priced at 7.5%–8.8% and HDFC Bank’s at 8%–13.45%, after the RBI raised the repo rate to 5.50% on 7 October 2026.
How is EMI calculated?
EMI = P × r × (1 + r)^n ÷ ((1 + r)^n − 1), with P the loan, r the monthly rate and n the number of months.
Sources: RBI Monetary Policy Statement, 7 October 2026 (repo rate 5.50%); SBI home-loan rates w.e.f. 15 October 2026 as reported by Business Today (18 October 2026); HDFC Bank home-loan rate page (policy repo + 2.50% to 7.95%), checked 3 November 2026; SBI auto-loan rates (15 October 2026); ICICI Bank personal-loan rates (October 2026). Estimates for information only — not financial advice.