The EMI on a ₹1 crore home loan for 15 years at 8.5% a year is ₹98,474 a month. You pay ₹77,25,312 as interest, so the total repaid is ₹1,77,25,312.
At 8% the EMI would be ₹95,565; at 9% it would be ₹1,01,427. Every 0.5% changes the total interest by about ₹5,31,486 over the full tenure.
| Year | Principal paid | Interest paid | Loan left |
|---|---|---|---|
| 1 | ₹3,44,919 | ₹8,36,768 | ₹96,55,081 |
| 2 | ₹3,75,407 | ₹8,06,280 | ₹92,79,673 |
| 3 | ₹4,08,590 | ₹7,73,098 | ₹88,71,083 |
| 4 | ₹4,44,705 | ₹7,36,982 | ₹84,26,378 |
| 5 | ₹4,84,013 | ₹6,97,674 | ₹79,42,365 |
| 6 | ₹5,26,796 | ₹6,54,892 | ₹74,15,569 |
| 7 | ₹5,73,360 | ₹6,08,328 | ₹68,42,209 |
| 8 | ₹6,24,039 | ₹5,57,648 | ₹62,18,170 |
| 9 | ₹6,79,199 | ₹5,02,489 | ₹55,38,971 |
| 10 | ₹7,39,234 | ₹4,42,454 | ₹47,99,737 |
| 11 | ₹8,04,575 | ₹3,77,112 | ₹39,95,162 |
| 12 | ₹8,75,693 | ₹3,05,995 | ₹31,19,469 |
| 13 | ₹9,53,096 | ₹2,28,592 | ₹21,66,373 |
| 14 | ₹10,37,341 | ₹1,44,347 | ₹11,29,032 |
| 15 | ₹11,29,032 | ₹52,655 | ₹0 |
Rates used: October–December 2026 where a government rate applies. Results are estimates.