Calculate your mortgage payment, total interest, and amortization schedule. Plan your home purchase confidently.
What's Calculated:
• Loan Amount (Price - Down Payment)
• Monthly EMI
• Total Interest Payable
• Total Amount to be Paid
Typically, 20% down payment is considered good. However, many banks allow 10-15% down payment. Higher down payment means lower loan amount and EMI.
Mortgage rates vary by lender and loan type. Check with banks for current rates. As of 2026, rates typically range from 6.5% to 9% depending on creditworthiness.
Many mortgages allow partial or full prepayment without penalty. Early repayment reduces total interest paid. Check your loan terms for prepayment options.