MH
Mortgage / Home Loan Calculator
Enter home price, down payment, rate and property tax — get a full monthly payment breakdown (principal + interest + tax) instantly.
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Home Loan Details
Result
—
Total Monthly Payment
Loan amount—
Principal + Interest (EMI)—
Property tax/month—
Insurance/month—
Total interest (over full tenure)—
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How to use — Mortgage / Home Loan Calculator
- Enter the home price and down payment — the loan amount is calculated automatically.
- Enter the interest rate and tenure; property tax/insurance are optional.
- The total monthly payment (EMI + tax + insurance) appears instantly.
FAQ
What's the difference between this and an EMI calculator?
This also includes down payment, property tax, and insurance — showing the full monthly outflow, not just the loan EMI. This gives better real-world budget planning.
How much down payment should I keep?
In India, banks usually lend 75-90% (10-25% down payment needed). A bigger down payment means a lower EMI and lower total interest.
What is property tax?
An annual tax paid to the local municipal corporation for the property — in India this is typically 0.5-2% of the home price, depending on the city.
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