EMI for a ₹1 crore home loan at a glance
At 8.5% for 20 years, a ₹1 crore home loan costs ₹86,782 a month. Over the full term you pay ₹2,08,27,758, of which ₹1,08,27,758 is interest. The table shows how the EMI moves with the rate and the tenure; the highlighted cell is the example above.
| Rate | 10 yrs | 15 yrs | 20 yrs | 25 yrs | 30 yrs |
|---|---|---|---|---|---|
| 7.5% | ₹1,18,702 | ₹92,701 | ₹80,559 | ₹73,899 | ₹69,921 |
| 8.0% | ₹1,21,328 | ₹95,565 | ₹83,644 | ₹77,182 | ₹73,376 |
| 8.5% | ₹1,23,986 | ₹98,474 | ₹86,782 | ₹80,523 | ₹76,891 |
| 9.0% | ₹1,26,676 | ₹1,01,427 | ₹89,973 | ₹83,920 | ₹80,462 |
| 9.5% | ₹1,29,398 | ₹1,04,422 | ₹93,213 | ₹87,370 | ₹84,085 |
| 10.0% | ₹1,32,151 | ₹1,07,461 | ₹96,502 | ₹90,870 | ₹87,757 |
What salary do you need for a ₹1 crore loan?
Most banks keep all your EMIs under 40–50% of take-home pay. For a ₹86,782 EMI that means a monthly in-hand salary of roughly ₹2,16,956 at the 40% mark, or ₹1,73,565 if the bank allows 50% and you have no other loans. A co-applicant’s income counts too.
How to bring the EMI down
- Longer tenure: going from 20 to 25 years at 8.5% lowers the EMI to ₹80,523, but adds ₹33,29,055 of interest.
- Bigger down payment: every ₹1 lakh you do not borrow cuts about ₹868 from the EMI.
- Prepay early: interest is front-loaded, so a prepayment in the first five years saves the most. Use the “Prepayment” option above.
Need a different amount? Use the home loan EMI calculator.
Questions people ask
What is the EMI for a ₹1 crore home loan for 20 years?
At 8.5% a year it is ₹86,782 a month. At 9% it is ₹89,973, and at 8% it is ₹83,644.
How much interest will I pay on a ₹1 crore home loan?
About ₹1,08,27,758 over 20 years at 8.5%, if you never prepay. Over 30 years it rises to ₹1,76,80,885.