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Finance Calculators

Mortgage Payment Calculator

Calculate the monthly mortgage payment, total interest, and total payment based on home price, down payment, interest rate, and loan term.

Part of the Buying a home journey · step 2 of 5 · See the full map →

The property's total price, e.g. 75 L or 7500000.

How much you're paying upfront, e.g. 15 L or 1500000.

Your next decision

How much home can I actually afford?Check this fits your budget before you commit to a specific home priceWhat will registration and stamp duty cost?Add in the stamp duty and registration costs you'll owe on top of the loanShould I prepay my loan to save interest?See how much prepaying later could save you in interest

Frequently Asked Questions

How does my down payment affect my monthly payment?
A larger down payment reduces the loan amount you need to finance, which directly lowers your monthly payment and the total interest you pay over the loan term.
Should I choose a shorter or longer loan term?
A shorter term means higher monthly payments but far less total interest paid. A longer term lowers your monthly payment but increases the total interest — the right choice depends on what monthly payment fits your budget.
What's the difference between a mortgage calculator and an EMI calculator?
They use the same underlying loan math, but a mortgage calculator starts from home price and down payment (and derives the loan amount), while an EMI calculator takes the loan amount directly — useful for any type of loan, not just a home purchase.