What is the EMI for a ₹1 crore home loan for 20 years?
The EMI on a ₹1 crore home loan for 20 years is about ₹86,782 a month at 8.5% interest, ₹83,644 at 8% and ₹89,973 at 9%. At 8.5% you pay about ₹1,08,27,758 in interest and ₹2,08,27,758 in total over 240 months. FixDoks's calculator on this page shows the full schedule and lets you change the rate.
1 Crore Home Loan EMI, 20 Years at a glance
| Loan | ₹1,00,00,000 for 20 years (240 EMIs) |
|---|---|
| EMI at 8% / 8.5% / 9% | ₹83,644 / ₹86,782 / ₹89,973 |
| Total interest at 8.5% | ₹1,08,27,758 |
| Processing | In your browser; your files are not uploaded |
| Price | Free |
| Works on | Chrome, Edge, Safari and Firefox on Windows, Mac, Android and iPhone |
How to use ₹1 Crore Home Loan EMI for 20 Years
- The calculator is already set to ₹1 crore for 20 years at 8.5%.
- Change the interest rate to the rate in your offer letter. The EMI and schedule update as you type.
- Add an extra monthly payment to see how much sooner the loan closes and how much interest you save.
- Open the amortisation schedule for every year or month, or download it as CSV.
What 75% financing means
Above ₹75 lakh, RBI's limit is 75% of property value. For a ₹1 crore loan, that is a home worth about ₹1.33 crore and about ₹33,33,000 from you, with duty and registration extra.
Pay that supports ₹86,782
At half of take-home pay for the EMI, you need about ₹1,73,600 a month. At a 40% share, about ₹2,17,000. Twenty years is the more usual choice for loans of this size.
Reading the year 1 tax numbers
Year 1 holds ₹8,42,365 of interest and ₹1,99,023 of principal. The interest is ₹6,42,365 over the ₹2 lakh Section 24(b) cap, so the deduction on a self-occupied home stops at ₹2 lakh, and only under the old regime. Principal falls under Section 80C within ₹1.5 lakh.
Prepaying ₹5,00,000
An extra ₹5,00,000 at the end of year 3 at 8.5% saves about ₹14,53,736 of interest and shortens the loan by about 22 months, which is 1 year and 10 months. No prepayment charge is allowed on floating-rate home loans to individuals.
What 9% does to the ₹1 crore EMI
At 9% the EMI becomes ₹89,973, up ₹3,191, and costs about ₹7,65,840 more over 240 instalments.
Age at the start of a 20-year loan
A 20-year loan starts by 40 under a limit of 60, and by 50 under a limit of 70. Older borrowers may get shorter tenures.
Keeping the loan efficient
On a loan of this size, a quarter percent lower rate is worth a lot of money. Ask for a rate review every year and compare lender offers, counting the fees for a transfer before you move.
Documents and ownership
Decide early whether the home will be held jointly. Joint ownership can lift the eligible loan and lets each owner claim interest up to the ₹2 lakh cap under the old regime, so the household can claim more than a single owner could.
Making the 20-year plan work
Treat the EMI of ₹86,782 as a fixed bill and your savings plan as what remains. If the savings goal then looks thin, extend the tenure by a few years instead of cutting emergency cover, and use any bonus to prepay.
Sources: RBI circular on housing loan LTV ratios · RBI directions on pre-payment charges on loans · Income Tax Department FAQs on old and new tax regimes, checked October 2026.
₹1 crore home loan EMI for 20 years at 8%, 8.5% and 9%
₹1,00,00,000 over 240 monthly instalments, reducing-balance method, EMIs rounded to the rupee.
| Interest rate | Monthly EMI | Total interest | Total payment | Interest as % of loan |
|---|---|---|---|---|
| 8% | ₹83,644 | ₹1,00,74,562 | ₹2,00,74,562 | 101% |
| 8.5% | ₹86,782 | ₹1,08,27,758 | ₹2,08,27,758 | 108% |
| 9% | ₹89,973 | ₹1,15,93,423 | ₹2,15,93,423 | 116% |
Going from 8% to 9% adds ₹15,18,861 of interest over 20 years on this loan.
Where your EMIs go: amortisation summary at 8.5%
In year 1 you pay ₹8,42,365 of interest and only ₹1,99,023 of principal. The balance falls below half of the loan only in year 14, because early EMIs are mostly interest. The live calculator above shows every month and year in full.
| After | Principal repaid so far | Interest paid so far | Balance still owed |
|---|---|---|---|
| Year 1 | ₹1,99,023 | ₹8,42,365 | ₹98,00,977 |
| Year 5 | ₹11,87,282 | ₹40,19,658 | ₹88,12,718 |
| Year 10 | ₹30,00,618 | ₹74,13,261 | ₹69,99,382 |
| Year 20 (end) | ₹1,00,00,000 | ₹1,08,27,758 | ₹0 |
Shorter or longer tenure?
- Over 15 years the EMI at 8.5% rises by ₹11,692 to ₹98,474, but total interest falls by ₹31,02,446 to ₹77,25,312.
- Over 25 years the EMI at 8.5% falls by ₹6,260 to ₹80,523, but total interest rises by ₹33,29,055 to ₹1,41,56,813.
Other ₹1 crore home loan tenures
₹1 crore for 10 years · ₹1 crore for 15 years · ₹1 crore for 25 years · ₹1 crore for 30 years
Other loan amounts for 20 years
₹10 lakh for 20 years · ₹20 lakh for 20 years · ₹25 lakh for 20 years · ₹30 lakh for 20 years · ₹40 lakh for 20 years · ₹50 lakh for 20 years · ₹75 lakh for 20 years
For any other amount, rate or tenure, use the EMI calculator.
Results are estimates for planning. Your employer, bank, fund or the tax department may round differently or apply other rules, so check the final figure with them.