The EMI on a ₹50 lakh home loan for 15 years at 8.5% a year is ₹49,237 a month. You pay ₹38,62,656 as interest, so the total repaid is ₹88,62,656.
At 8% the EMI would be ₹47,783; at 9% it would be ₹50,713. Every 0.5% changes the total interest by about ₹2,65,743 over the full tenure.
| Year | Principal paid | Interest paid | Loan left |
|---|---|---|---|
| 1 | ₹1,72,460 | ₹4,18,384 | ₹48,27,540 |
| 2 | ₹1,87,704 | ₹4,03,140 | ₹46,39,837 |
| 3 | ₹2,04,295 | ₹3,86,549 | ₹44,35,542 |
| 4 | ₹2,22,353 | ₹3,68,491 | ₹42,13,189 |
| 5 | ₹2,42,007 | ₹3,48,837 | ₹39,71,182 |
| 6 | ₹2,63,398 | ₹3,27,446 | ₹37,07,784 |
| 7 | ₹2,86,680 | ₹3,04,164 | ₹34,21,105 |
| 8 | ₹3,12,020 | ₹2,78,824 | ₹31,09,085 |
| 9 | ₹3,39,599 | ₹2,51,244 | ₹27,69,485 |
| 10 | ₹3,69,617 | ₹2,21,227 | ₹23,99,869 |
| 11 | ₹4,02,288 | ₹1,88,556 | ₹19,97,581 |
| 12 | ₹4,37,846 | ₹1,52,997 | ₹15,59,735 |
| 13 | ₹4,76,548 | ₹1,14,296 | ₹10,83,187 |
| 14 | ₹5,18,670 | ₹72,173 | ₹5,64,516 |
| 15 | ₹5,64,516 | ₹26,328 | ₹0 |
Rates used: October–December 2026 where a government rate applies. Results are estimates.