Built for Indian home buyers — with RBI LTV context and §80C / §24(b) tax-saving estimates. Your inputs stay on this device.
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EMI uses the standard monthly-reducing-balance formula on your loan amount (P), annual rate (R) and tenure in months (N):
EMI = P · r · (1+r)^N ÷ ((1+r)^N − 1), r = R ÷ 12 ÷ 100Results are indicative estimates based on the inputs you entered and the assumptions above. Actual interest rate, EMI, eligibility, prepayment charges and tax benefits are determined by the lender and applicable law at the time of disbursal. Tarsariya Financial Services LLP is a financial-services intermediary and not a lender. For a personalized assessment, please reach out to our advisor.
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We use the standard monthly-reducing-balance formula on your loan amount, annual interest rate and tenure: EMI = P·r·(1+r)^N ÷ ((1+r)^N − 1), where r is the monthly rate (annual ÷ 12 ÷ 100) and N is the number of months. Interest is charged only on the outstanding balance each month.
It is an indicative estimate. Your real EMI depends on the interest rate the lender offers for your profile, the exact tenure sanctioned, and any add-ons such as insurance funded into the loan. We confirm the final numbers with you before you commit.
For a self-occupied home you can claim up to ₹1.5 lakh a year on principal under §80C and up to ₹2 lakh a year on interest under §24(b). Your saving is the eligible amount multiplied by your income-tax slab. The §24(b) benefit is largest in the early years when interest is high.
Most lenders offer up to 30 years, subject to your age at loan maturity (often capped around 70). A longer tenure lowers the EMI but increases the total interest you pay.
RBI caps the loan-to-value ratio at about 90% for loans up to ₹30 lakh, 80% for ₹30–75 lakh and 75% above ₹75 lakh. You arrange the balance as your down payment, plus stamp duty and registration which are usually not funded.
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