The EMI on a ₹50 lakh home loan for 10 years at 8.5% a year is ₹61,993 a month. You pay ₹24,39,141 as interest, so the total repaid is ₹74,39,141.
At 8% the EMI would be ₹60,664; at 9% it would be ₹63,338. Every 0.5% changes the total interest by about ₹1,61,405 over the full tenure.
| Year | Principal paid | Interest paid | Loan left |
|---|---|---|---|
| 1 | ₹3,31,637 | ₹4,12,278 | ₹46,68,363 |
| 2 | ₹3,60,950 | ₹3,82,964 | ₹43,07,413 |
| 3 | ₹3,92,855 | ₹3,51,059 | ₹39,14,558 |
| 4 | ₹4,27,580 | ₹3,16,334 | ₹34,86,978 |
| 5 | ₹4,65,374 | ₹2,78,540 | ₹30,21,605 |
| 6 | ₹5,06,509 | ₹2,37,405 | ₹25,15,096 |
| 7 | ₹5,51,280 | ₹1,92,635 | ₹19,63,816 |
| 8 | ₹6,00,008 | ₹1,43,907 | ₹13,63,809 |
| 9 | ₹6,53,043 | ₹90,871 | ₹7,10,766 |
| 10 | ₹7,10,766 | ₹33,148 | ₹0 |
Rates used: October–December 2026 where a government rate applies. Results are estimates.