SARAL JANKARI
Home Loan EMI and PMAY Subsidy Calculator
Saral Jankari · Money tools
Home loan EMI and PMAY subsidy calculator
Enter the price of the house, your loan amount, interest rate and tenure. You will see your monthly EMI, the total interest you will pay, and whether you may qualify for the PMAY-Urban 2.0 interest subsidy.
Your loan
Use the rate your bank has offered. 8.5% is only a starting value.
Your EMI
Monthly EMI
₹0
Do you qualify for the PMAY-Urban 2.0 interest subsidy?
This is a quick check, not an approval. The scheme gives 4% interest subsidy on loans taken after 1 September 2024, for houses up to ₹35 lakh, on up to ₹8 lakh of the loan, for up to 12 years, with total benefit up to ₹1.8 lakh in five yearly instalments. Read the full rules in our PMAY-Urban 2.0 guide.
Year-by-year repayment
| Year | Interest paid | Principal paid | Balance left |
|---|
EMI uses the standard monthly-reducing formula. Your bank may differ slightly because of rounding, processing fees, insurance or a floating rate that changes. Saral Jankari gives educational estimates, not financial advice. Confirm the final figures with your lender.