The EMI on a ₹75 lakh home loan for 15 years at 8.5% a year is ₹73,855 a month. You pay ₹57,93,984 as interest, so the total repaid is ₹1,32,93,984.
At 8% the EMI would be ₹71,674; at 9% it would be ₹76,070. Every 0.5% changes the total interest by about ₹3,98,615 over the full tenure.
| Year | Principal paid | Interest paid | Loan left |
|---|---|---|---|
| 1 | ₹2,58,690 | ₹6,27,576 | ₹72,41,310 |
| 2 | ₹2,81,555 | ₹6,04,710 | ₹69,59,755 |
| 3 | ₹3,06,442 | ₹5,79,823 | ₹66,53,313 |
| 4 | ₹3,33,529 | ₹5,52,737 | ₹63,19,784 |
| 5 | ₹3,63,010 | ₹5,23,256 | ₹59,56,774 |
| 6 | ₹3,95,097 | ₹4,91,169 | ₹55,61,677 |
| 7 | ₹4,30,020 | ₹4,56,246 | ₹51,31,657 |
| 8 | ₹4,68,030 | ₹4,18,236 | ₹46,63,627 |
| 9 | ₹5,09,399 | ₹3,76,866 | ₹41,54,228 |
| 10 | ₹5,54,425 | ₹3,31,840 | ₹35,99,803 |
| 11 | ₹6,03,432 | ₹2,82,834 | ₹29,96,371 |
| 12 | ₹6,56,769 | ₹2,29,496 | ₹23,39,602 |
| 13 | ₹7,14,822 | ₹1,71,444 | ₹16,24,780 |
| 14 | ₹7,78,006 | ₹1,08,260 | ₹8,46,774 |
| 15 | ₹8,46,774 | ₹39,491 | ₹0 |
Rates used: October–December 2026 where a government rate applies. Results are estimates.