Kotak Mahindra Bank Home Loan EMI Calculator — FY 2026-27
Compute monthly EMI for a Kotak Mahindra Home Loan at the latest Kotak card rate. Kotak prices off its Kotak Home Loan Reference Rate (KHLRR) + spread, reset semi-annually. Rate pre-fill tracks Kotak as of 16 April 2026.
Starting rate: 8.65% p.a.Last updated: Editorial
Loan inputs
- Monthly EMI
- ₹43,867
- Principal
- ₹50.00 L
- Total Interest
- ₹55.28 L
- Total Payment
- ₹1.05 Cr
Principal vs Interest
Amortization Schedule
| Year | Payment | Principal | Interest | Balance |
|---|---|---|---|---|
| Year 1 | ₹5,26,404 | ₹97,718 | ₹4,28,686 | ₹49,02,282 |
| Year 2 | ₹5,26,404 | ₹1,06,514 | ₹4,19,890 | ₹47,95,768 |
| Year 3 | ₹5,26,404 | ₹1,16,102 | ₹4,10,303 | ₹46,79,667 |
| Year 4 | ₹5,26,404 | ₹1,26,552 | ₹3,99,852 | ₹45,53,114 |
| Year 5 | ₹5,26,404 | ₹1,37,944 | ₹3,88,461 | ₹44,15,171 |
| Year 6 | ₹5,26,404 | ₹1,50,360 | ₹3,76,044 | ₹42,64,811 |
| Year 7 | ₹5,26,404 | ₹1,63,895 | ₹3,62,509 | ₹41,00,916 |
| Year 8 | ₹5,26,404 | ₹1,78,647 | ₹3,47,757 | ₹39,22,269 |
| Year 9 | ₹5,26,404 | ₹1,94,728 | ₹3,31,676 | ₹37,27,541 |
| Year 10 | ₹5,26,404 | ₹2,12,256 | ₹3,14,148 | ₹35,15,285 |
| Year 11 | ₹5,26,404 | ₹2,31,362 | ₹2,95,042 | ₹32,83,923 |
| Year 12 | ₹5,26,404 | ₹2,52,187 | ₹2,74,217 | ₹30,31,735 |
| Year 13 | ₹5,26,404 | ₹2,74,888 | ₹2,51,517 | ₹27,56,848 |
| Year 14 | ₹5,26,404 | ₹2,99,631 | ₹2,26,773 | ₹24,57,216 |
| Year 15 | ₹5,26,404 | ₹3,26,602 | ₹1,99,802 | ₹21,30,615 |
| Year 16 | ₹5,26,404 | ₹3,56,000 | ₹1,70,404 | ₹17,74,614 |
| Year 17 | ₹5,26,404 | ₹3,88,045 | ₹1,38,359 | ₹13,86,569 |
| Year 18 | ₹5,26,404 | ₹4,22,974 | ₹1,03,430 | ₹9,63,595 |
| Year 19 | ₹5,26,404 | ₹4,61,047 | ₹65,357 | ₹5,02,548 |
| Year 20 | ₹5,26,404 | ₹5,02,548 | ₹23,856 | ₹-0 |
About this Kotak Mahindra EMI Calculator
This Kotak Mahindra EMI Calculator computes the monthly EMI, total interest, and full amortization schedule for a Kotak Mahindra Bank home loan at the current rate card (starting 8.65% p.a. for eligible borrowers). It uses the same reducing-balance formula that Kotak Mahindra Bank’s official per-lakh EMI table publishes, so the output matches your sanction letter to the rupee.
For the generic EMI math that underlies every bank’s calculator, see the general EMI Calculator. For a full lifetime-cost model, use the Home Loan Total Cost Calculator.
Kotak Mahindra Bank Home Loan EMI Calculator — FAQ
What is the current Kotak Mahindra home loan interest rate?
Kotak publishes a CIBIL- and salary-tiered rate on kotak.com. Salaried applicants with CIBIL 750+ typically see starting rates from 8.65% p.a. (FY 2026-27 — confirm on the bank site before signing).
How does Kotak's floating-rate pricing work?
Kotak uses its own Kotak Home Loan Reference Rate (KHLRR), reset twice a year. Your actual rate = KHLRR + lender spread (based on your risk profile, fixed at sanction). RBI reforms require banks to pass rate cuts within 3 months — verify that reprices apply.
What are Kotak home loan processing fees?
0.5% of loan amount + GST, minimum ₹10,000. Kotak often waives during festive offers and for premium savings account relationships (811 etc.). Compare the APR (rate + fee) across lenders before signing.
Can I prepay a Kotak home loan?
Yes, zero charges on floating-rate home loans for individual borrowers (RBI mandate). Fixed-rate Kotak products carry a 2% prepayment penalty. Read your sanction letter.
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