Home Loan Tenure Calculator

Find out how long it will take to repay your home loan given your loan amount, interest rate, and a fixed EMI.

  • Free to use
  • Accurate results
  • No registration required
  • Works on all devices
Enter your loan amount, interest rate, and EMI to find out how long it will take to repay the loan.
%

Your result

175 months

Tenure

Total interest paid₹22,50,000

AI explanation

Formula

n = −log(1 − P×r/EMI) / log(1+r), where r is the monthly rate

Worked example

₹30L loan, 8.5%, ₹30,000 EMI

Worked example: ₹30L loan, 8.5%, ₹30,000 EMI
FieldValue
Loan amount3000000
Interest rate8.5
Monthly EMI30000
Tenure175
Total interest paid2250000

Assumptions

  • Assumes the EMI stays fixed for the full repayment period.
  • Informational only.

Frequently asked questions

How is loan tenure calculated from a fixed EMI?

Using the standard EMI-annuity formula solved for the number of periods, given the principal, rate, and EMI amount you specify.

What if my EMI barely covers the interest?

If the EMI doesn't exceed the first month's interest charge, the loan balance would never reduce — this calculator requires an EMI large enough for the loan to actually amortize.

How can I use this to plan a shorter loan?

Increase the EMI value and see how much shorter the tenure becomes — see also the Home Loan Prepayment Calculator for the effect of extra payments on top of a fixed EMI.

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Sources

This calculator provides a general estimate only and does not constitute financial advice.

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