The EMI on a ₹20 lakh home loan for 20 years at 8.5% a year is ₹17,356 a month. You pay ₹21,65,552 as interest, so the total repaid is ₹41,65,552.
At 8% the EMI would be ₹16,729; at 9% it would be ₹17,995. Every 0.5% changes the total interest by about ₹1,53,133 over the full tenure.
| Year | Principal paid | Interest paid | Loan left |
|---|---|---|---|
| 1 | ₹39,805 | ₹1,68,473 | ₹19,60,195 |
| 2 | ₹43,323 | ₹1,64,955 | ₹19,16,872 |
| 3 | ₹47,152 | ₹1,61,125 | ₹18,69,720 |
| 4 | ₹51,320 | ₹1,56,957 | ₹18,18,400 |
| 5 | ₹55,856 | ₹1,52,421 | ₹17,62,544 |
| 6 | ₹60,794 | ₹1,47,484 | ₹17,01,750 |
| 7 | ₹66,167 | ₹1,42,110 | ₹16,35,583 |
| 8 | ₹72,016 | ₹1,36,262 | ₹15,63,567 |
| 9 | ₹78,381 | ₹1,29,896 | ₹14,85,186 |
| 10 | ₹85,309 | ₹1,22,968 | ₹13,99,876 |
| 11 | ₹92,850 | ₹1,15,428 | ₹13,07,026 |
| 12 | ₹1,01,057 | ₹1,07,220 | ₹12,05,969 |
| 13 | ₹1,09,990 | ₹98,288 | ₹10,95,980 |
| 14 | ₹1,19,712 | ₹88,566 | ₹9,76,268 |
| 15 | ₹1,30,293 | ₹77,984 | ₹8,45,975 |
| 16 | ₹1,41,810 | ₹66,468 | ₹7,04,165 |
| 17 | ₹1,54,345 | ₹53,933 | ₹5,49,820 |
| 18 | ₹1,67,987 | ₹40,290 | ₹3,81,833 |
| 19 | ₹1,82,836 | ₹25,442 | ₹1,98,997 |
| 20 | ₹1,98,997 | ₹9,281 | ₹0 |
Rates used: October–December 2026 where a government rate applies. Results are estimates.