Free Tool · Buyers & Investors
EMI & Loan Against
Property Calculator.
Work out your monthly instalment, the total interest you'll pay, and a year-by-year repayment schedule — in seconds.
Plan Before You Borrow
Know your EMI before you sign.
Whether you're financing a purchase with a home loan or unlocking capital through a loan against property (LAP), the monthly instalment is the number that shapes your cash flow for years. This calculator uses the standard reducing-balance EMI formula, so what you see mirrors how banks actually amortize a loan.
Enter the loan amount, an interest rate, and the tenure. You'll instantly see the monthly EMI, the total interest cost, and how principal and interest split across each year until the balance reaches zero.
EMI Calculator
Estimate the monthly instalment on a home loan or loan against property. Adjust the amount, rate, and tenure to see your numbers.
Monthly EMI
₹52,211
per month for 15 years
Principal vs Interest
Year-wise Repayment Summary
| Year | Principal Paid | Interest Paid | Balance |
|---|---|---|---|
| 1 | ₹1.58 L | ₹4.68 L | ₹48.42 L |
| 2 | ₹1.74 L | ₹4.53 L | ₹46.68 L |
| 3 | ₹1.91 L | ₹4.35 L | ₹44.76 L |
| 4 | ₹2.10 L | ₹4.16 L | ₹42.66 L |
| 5 | ₹2.31 L | ₹3.95 L | ₹40.35 L |
| 6 | ₹2.54 L | ₹3.72 L | ₹37.81 L |
| 7 | ₹2.79 L | ₹3.47 L | ₹35.02 L |
| 8 | ₹3.07 L | ₹3.20 L | ₹31.95 L |
| 9 | ₹3.37 L | ₹2.89 L | ₹28.57 L |
| 10 | ₹3.71 L | ₹2.56 L | ₹24.86 L |
| … years 11–15 continue to a zero balance | |||
| Total | ₹50.00 L | ₹43.98 L | ₹0 |
Estimates only — not financial advice. Figures are indicative; consult a Sachdeva Estates advisor before deciding. Actual EMIs vary with the lender's reset cycle, processing fees, insurance, and whether the rate is fixed or floating.
Planning a loan against a commercial property?
Talk to our advisory team about valuation, eligibility, and lender fit across the Tricity.
Frequently Asked
EMI & LAP questions.
How is EMI calculated?
EMI uses the standard reducing-balance formula: EMI = P·r·(1+r)^n / ((1+r)^n − 1), where P is the loan principal, r is the monthly interest rate (annual rate ÷ 12 ÷ 100), and n is the number of monthly instalments. Each instalment stays constant, but the split shifts over time — early EMIs are mostly interest, later ones mostly principal.
What is a Loan Against Property (LAP)?
A Loan Against Property is a secured loan where you pledge an owned residential or commercial property as collateral to borrow a lump sum — typically 50–70% of the property's market value. Interest rates are usually higher than a home loan (often 9–12% p.a.) but lower than unsecured credit, and tenures can run up to 15 years. It is commonly used for business capital, expansion, or consolidating higher-cost debt.
What interest rate should I assume for a loan against property?
LAP rates in India typically range from about 9% to 12% p.a. depending on the lender, the property type, your credit profile, and whether the rate is fixed or floating. Commercial-property LAP is often priced slightly higher than residential. The calculator defaults to 9.5% as a typical starting point — always confirm the exact rate, processing fees, and reset terms with your lender.
Are these EMI figures exact?
No. The results are indicative estimates based on a constant interest rate over the full tenure. Actual EMIs vary with the lender's rate-reset cycle, processing fees, insurance, prepayments, and whether the rate is fixed or floating. Treat this as a planning tool, not a loan sanction — and speak to a Sachdeva Estates advisor before deciding.
Financing a Commercial Deal?
Let's structure it right.
From property valuation and loan eligibility to lender fit and lease-backed financing, our advisory team helps Tricity investors borrow smart. Estimates only — not financial advice. Consult a Sachdeva Estates advisor before deciding.