₹30 Lakh Home Loan EMI Calculator — FY 2026-27
Compute your monthly EMI on a ₹30 lakh home loan across different rates and tenures. At the RBI LTV cap of 90% (for loans up to ₹30 L), this is the most common first-home-buyer loan size in Indian metros. Your pre-filled rate is the market median — adjust for your bank + CIBIL score.
Loan inputs
- Monthly EMI
- ₹26,035
- Principal
- ₹30.00 L
- Total Interest
- ₹32.48 L
- Total Payment
- ₹62.48 L
Principal vs Interest
Amortization Schedule
| Year | Payment | Principal | Interest | Balance |
|---|---|---|---|---|
| Year 1 | ₹3,12,416 | ₹59,707 | ₹2,52,709 | ₹29,40,293 |
| Year 2 | ₹3,12,416 | ₹64,984 | ₹2,47,432 | ₹28,75,309 |
| Year 3 | ₹3,12,416 | ₹70,728 | ₹2,41,688 | ₹28,04,580 |
| Year 4 | ₹3,12,416 | ₹76,980 | ₹2,35,436 | ₹27,27,600 |
| Year 5 | ₹3,12,416 | ₹83,785 | ₹2,28,632 | ₹26,43,815 |
| Year 6 | ₹3,12,416 | ₹91,190 | ₹2,21,226 | ₹25,52,625 |
| Year 7 | ₹3,12,416 | ₹99,251 | ₹2,13,166 | ₹24,53,374 |
| Year 8 | ₹3,12,416 | ₹1,08,024 | ₹2,04,393 | ₹23,45,351 |
| Year 9 | ₹3,12,416 | ₹1,17,572 | ₹1,94,844 | ₹22,27,779 |
| Year 10 | ₹3,12,416 | ₹1,27,964 | ₹1,84,452 | ₹20,99,815 |
| Year 11 | ₹3,12,416 | ₹1,39,275 | ₹1,73,141 | ₹19,60,540 |
| Year 12 | ₹3,12,416 | ₹1,51,586 | ₹1,60,831 | ₹18,08,954 |
| Year 13 | ₹3,12,416 | ₹1,64,985 | ₹1,47,432 | ₹16,43,969 |
| Year 14 | ₹3,12,416 | ₹1,79,568 | ₹1,32,849 | ₹14,64,402 |
| Year 15 | ₹3,12,416 | ₹1,95,440 | ₹1,16,977 | ₹12,68,962 |
| Year 16 | ₹3,12,416 | ₹2,12,715 | ₹99,701 | ₹10,56,247 |
| Year 17 | ₹3,12,416 | ₹2,31,517 | ₹80,899 | ₹8,24,730 |
| Year 18 | ₹3,12,416 | ₹2,51,981 | ₹60,435 | ₹5,72,749 |
| Year 19 | ₹3,12,416 | ₹2,74,254 | ₹38,163 | ₹2,98,495 |
| Year 20 | ₹3,12,416 | ₹2,98,495 | ₹13,921 | ₹-0 |
₹30 Lakh Home Loan EMI — FAQ
What is the monthly EMI on a ₹30 lakh home loan?
At 8.5% for 20 years, the EMI is approximately ₹26,035/month. At 9%, it rises to ₹26,992. Each 0.25% rate bump adds ~₹480/month to the EMI. Shorter tenure (15 yrs at 8.5%) brings EMI to ₹29,543 — saves ~₹12.3 L in total interest.
What income do I need to get a ₹30 lakh home loan?
Rule of thumb: EMI should stay under 40-50% of net monthly income. At ₹26K EMI, you need ₹55-65K+ net monthly (₹8-10 L gross annual CTC). Banks also look at total obligations (other EMIs, credit card bills) — your FOIR should not exceed 60%.
How much down payment is needed for a ₹30 lakh home loan?
Per RBI, for loans up to ₹30 L the maximum LTV is 90% — so minimum 10% down payment on property value. For a property worth ₹33 L, you need ₹3.3 L + stamp duty + registration (typically ₹1.5-2.5 L depending on state) ready as own-funds.
What is the total interest paid on a ₹30 lakh home loan?
At 8.5% for 20 years, total interest = ₹32.48 L (more than the principal). At 15 years same rate, interest drops to ₹23.18 L. Prepayment of even ₹1 L annually for the first 5 years can save ₹4-6 L in interest and reduce tenure by 2-3 years.