What is the EMI for a ₹50 lakh home loan for 10 years?
The EMI on a ₹50 lakh home loan for 10 years is about ₹61,993 a month at 8.5% interest, ₹60,664 at 8% and ₹63,338 at 9%. At 8.5% you pay about ₹24,39,141 in interest and ₹74,39,141 in total over 120 months. FixDoks's calculator on this page shows the full schedule and lets you change the rate.
50 Lakh Home Loan EMI, 10 Years at a glance
| Loan | ₹50,00,000 for 10 years (120 EMIs) |
|---|---|
| EMI at 8% / 8.5% / 9% | ₹60,664 / ₹61,993 / ₹63,338 |
| Total interest at 8.5% | ₹24,39,141 |
| 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 ₹50 Lakh Home Loan EMI for 10 Years
- The calculator is already set to ₹50 lakh for 10 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.
Your ₹12,50,000 share of the purchase
RBI caps financing at 80% of property value for home loans above ₹30 lakh and up to ₹75 lakh. A ₹50 lakh loan therefore needs a home worth about ₹62,50,000, with about ₹12,50,000 from your own funds. Stamp duty, registration and moving costs are separate.
The salary a 10-year plan demands
The EMI is ₹61,993. If the lender allows half of take-home pay for it, you need about ₹1,24,000 a month. At a 40% share the need is about ₹1,55,000. Few households reach this on one income, so most choose a longer term for a loan of this size.
Year 1 deduction and the unused interest
You pay ₹4,12,278 of interest and ₹3,31,637 of principal in the first year. The interest is ₹2,12,278 above the ₹2 lakh Section 24(b) cap, so the deduction on a self-occupied home stops at ₹2 lakh and exists only in the old regime. At the 30% slab, the claim saves ₹60,000 before cess.
A ₹2,50,000 part-payment
Paying an extra ₹2,50,000 at the end of year 3 at 8.5% saves about ₹1,92,542 of interest and trims about 7 months. A lender is not permitted to levy a prepayment fee on a floating-rate home loan to an individual, per RBI.
Paying more if the rate rises
At 9% the EMI rises ₹1,345 to ₹63,338, which is about ₹1,61,400 more across 120 instalments.
Lender age rules
As a guide, a 10-year loan starts by 50 under a lender limit of 60, and by 60 under a limit of 70.
Reserve before you commit
A ten-year EMI of this size should come with a reserve of six instalments in savings. Do not count on bonuses or variable pay to meet the monthly payment.
Why compare before choosing
Run the 15-year plan next to this one in the calculator above. The extra interest you avoid by going short is real, but so is the strain of an EMI above ₹60,000, and the better plan is the one you can keep paying in a bad year.
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.
₹50 lakh home loan EMI for 10 years at 8%, 8.5% and 9%
₹50,00,000 over 120 monthly instalments, reducing-balance method, EMIs rounded to the rupee.
| Interest rate | Monthly EMI | Total interest | Total payment | Interest as % of loan |
|---|---|---|---|---|
| 8% | ₹60,664 | ₹22,79,656 | ₹72,79,656 | 46% |
| 8.5% | ₹61,993 | ₹24,39,141 | ₹74,39,141 | 49% |
| 9% | ₹63,338 | ₹26,00,546 | ₹76,00,546 | 52% |
Going from 8% to 9% adds ₹3,20,891 of interest over 10 years on this loan.
Where your EMIs go: amortisation summary at 8.5%
In year 1 you pay ₹4,12,278 of interest and only ₹3,31,637 of principal. The balance falls below half of the loan only in year 7, 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 | ₹3,31,637 | ₹4,12,278 | ₹46,68,363 |
| Year 5 | ₹19,78,395 | ₹17,41,175 | ₹30,21,605 |
| Year 10 (end) | ₹50,00,000 | ₹24,39,141 | ₹0 |
Shorter or longer tenure?
- Over 15 years the EMI at 8.5% falls by ₹12,756 to ₹49,237, but total interest rises by ₹14,23,515 to ₹38,62,656.
Other ₹50 lakh home loan tenures
₹50 lakh for 15 years · ₹50 lakh for 20 years · ₹50 lakh for 25 years · ₹50 lakh for 30 years
Other loan amounts for 10 years
₹10 lakh for 10 years · ₹20 lakh for 10 years · ₹25 lakh for 10 years · ₹30 lakh for 10 years · ₹40 lakh for 10 years · ₹75 lakh for 10 years · ₹1 crore for 10 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.