Top 10 Home Loan Calculator in 2023

Are you looking for the best home loan calculators? Did you find any? If not, you are at the right place. Continue reading to learn more about home loan calculators.

How about a thought on a home loan, but unclear about the EMIs involved? The home loan calculators are just what you need, so don’t worry. You can have a property for yourself easily with the help of a home loan. A loan provides financial assistance. Equated Monthly Instalment (EMI) plans make repayments more convenient.

Using the formula mentioned above manually or in M.S. Excel to calculate various combinations of the principal loan amount, interest rate, and the loan period is time-consuming, complex, and error-prone. A home loan calculator automates this computation and gives you the answer in a flash.

Here are our top 10 picks to calculate home loans:

1. HDFC’s Home Loan EMI calculator

Using the HDFC home loan calculator, you can calculate your house loan EMI. You can use the HDFC home loan EMI calculator to assist you in deciding on the purchase of a new property. Provides a clear grasp of the EMI payment amount and aids in the decision-making process for the monthly payment of the home loan.

Use our simple-to-use home loan EMI calculator to determine the monthly instalment (EMI) that you will be required to make for your mortgage.

To calculate your EMI, the following details are to be provided:

  • loan amount (rupees)
  • Tenure (months)
  • interest rate (% P.A.)

Your output for the given details will be:

  • Monthly home loan EMI 
  • Principal Amount
  • Interest Amount
  • Total amount payable.

Click here to try the calculator.


2. Home loan calculator -SBI

The SBI Home Loan EMI Calculator is a straightforward tool that assists you in calculating your monthly payments based on your loan’s principal, term, and interest rates. It is rapid and dependable, with colourful charts, intricate computations, and immediate results. 

Fill out the SBI EMI Calculator with the following details:

  • Home loan amount (rupees)
  • Loan Tenure (months or years)
  • Interest Rate (percentage)

Your outcome for the specific requirements will be:

  • EMI
  • Total Interest payable
  • Total payment

Click here to try the SBI EMI calculator.


3. Axis Bank’s Home Loan EMI Calculator

To determine the loan’s term and repayment schedule, use the home loan EMI calculator by Axis Bank. When you enter the required amount, rate, and duration for the home loan, our home loan EMI calculator will instantly reveal the EMIs applicable for the loan length.

Moreover, remember to refer to the amortization table during the loan period for a year-by-year payback schedule. 

To access your EMI Calculator, enter the information below:

  • loan amount (rupees)
  • Interest rate (% P.A.)
  • Tenure (years)

Using the above information, your result will be:

  • Principal Amount
  • Interest rate
  • Total payable amount.

Also, it shows you the amortization schedule, where you can get to know the opening balance, Interest paid during the year, principal repaid during the year and closing balance. These are extra additions you will get in axis bank’s calculator.

Click here to calculate your home loan using a calculator.


4. Home Loan EMI Calculator-ICICI

This is yet another calculator for your reference. It is undoubtedly one of the best home loan calculators available. Enter the credentials into this online calculator, which will subsequently show the EMI amount you must pay each month. It is that easy!

The ICICI EMI Calculator will need the data:

  • loan amount (rupees)
  • Illustrative Interest Rates (In % p.a.)
  • Tenure (In months )

The outcome of the information above is as follows:

  • Monthly EMI Amount
  • Interest payable
  • Principal Amount
  • Total amount payable.

Click here to proceed to the ICICI EMI home loan calculator.

5. BAJAJ Home Loan EMI Calculator

The Bajaj home loan calculator is the perfect tool that makes sure you calculate your home loan EMI quickly. With only a few simple inputs and the calculator’s display of the EMI amount per lakh, candidates can verify the EMI Payable on their chosen house loan.

The Applicants should proceed with the mentioned details:

  • Loan Amount(in rupees)
  • Tenor(in years)
  • Rate of Interest(in %)

The following will be calculated:

  • Your EMI
  • Total Interest

Click here to calculate and proceed to the home loan eligibility calculator.


6. EMI Calculator for Home Loan

This EMI Calculator provides immediate results while being simple, easy to use, and convenient to understand. This calculator can calculate the EMI for any fully amortized loan. Pie charts and graphs are also used to display the results.

To access your EMI Calculator, enter the information below:

  • Principal loan amount (in rupees)
  • Loan term (in months or years)
  • Rate of Interest (percentage)

For the specified information, your output will be:

  • Loan EMI
  • Total Interest payable. 
  • Total Payment 

Click here to try the calculator.


7. Home Loan EMI Calculator by BankBazaar

A BankBazaar home loan EMI calculator is an online tool that makes it simple to determine your monthly loan installment amount. It is one of the current home loan calculators available. Choose your ideal loan amount, the given interest rate, and the loan term from the scaling. You will receive 100% accurate data relating to your home loan EMI after pressing the “Calculate” button.

Pie charts and graphs are used to display extra data added to this.

Users have to provide details such as:

  • Loan Amount(in rupees)
  • Tenure(years and months)
  • Interest rate(in %)

Users can see details such as:

  • Monthly home loan EMI
  • Total Interest due
  • Total amount payable

Click here to proceed to the calculator.


8. Home Loan Eligibility Calculator

All banks and non-banking financial firms must meet the same criteria to qualify for a house loan (NBFCs). However, specific standards could also apply depending on each lender’s rules. Your application process will go more simply and quickly if you know the prerequisites for home loan eligibility.

To access your calculator, provide the following information:

  • Monthly Income
  • Tenure I years
  • Interest rate %
  • Other EMIS(Monthly in rupees)

Your output for the given details will be:

  • Maximum EMI 
  • Maximum Loan Amount

Click here to proceed to the calculator.


9. IIFL Home Loan Calculator

You may choose the ideal loan tenure with the aid of the Home Loan EMI Calculator from IIFL Home Loans. The length of your tenure will depend on your financial requirements. You can modify the loan length to make your EMI payments more manageable. It is simple to use and unlimited to use the housing loan calculator. You don’t have to perform challenging calculations. You can quickly determine your EMI amount. Instead of providing your desired quantity, you can only choose from the range, and relevant results, including graphs, are displayed.

You only need to supply the following:

  • Loan Amount(in rupees)
  • Tenure(in months)
  • Interest rate

What you can expect to see is:

  • Your EMI Amount
  • Principal Amount
  • Interest payable

Click here to try the calculator by IIFL.


10. Home Loan Balance Transfer Calculator

You transfer an existing mortgage from one bank to another using this procedure. This, often referred to as refinancing, enables a borrower to receive better services and reduced interest rates. Unlike a home loan, a balance transfer involves less paperwork and is simpler to obtain. This calculator will display immediate results and pie charts appropriate to the supplied data.

To access your calculator, provide the following information:

  • Loan Amount
  • Interest rate(in %)
  • Loan Tenure(years)
  • Using the information above, you will obtain the following result:

Your Monthly loan EMI

  • Total Interest Due
  • Total Amount Payable

Click here

Wrapping Up:

It can be challenging to calculate the approx home loan. Also, there are so many options available to calculate home loans for you which makes it a little confusing. For this reason, we have given you our recommendations for the best home loan calculators

We genuinely hope you’ll discover the ideal one for you. We will be happy if you return for further details.


Post Author: Jai

I’m Jai, The man behinds Blogging Coffee. I am a professional blogger, Digital Marketer, and Certified Google Partner. I write about Business ,Tech News,Travel, Food Recipe, YouTube Trending Video and Health And Fitness here on Blogging Coffee.

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