A ₹35 Lakh home loan at 8% for 20 years costs ₹29,275 a month, with ₹35,26,097 of interest in total. Below are the EMIs for every tenure at 7.5–9.5%, and how the balance falls year by year.
| Tenure | 7.5% | 8% | 8.5% | 9% | 9.5% |
|---|---|---|---|---|---|
| 5 years | ₹70,133 | ₹70,967 | ₹71,808 | ₹72,654 | ₹73,507 |
| 10 years | ₹41,546 | ₹42,465 | ₹43,395 | ₹44,337 | ₹45,289 |
| 15 years | ₹32,445 | ₹33,448 | ₹34,466 | ₹35,499 | ₹36,548 |
| 20 years | ₹28,196 | ₹29,275 | ₹30,374 | ₹31,490 | ₹32,625 |
| 25 years | ₹25,865 | ₹27,014 | ₹28,183 | ₹29,372 | ₹30,579 |
| 30 years | ₹24,473 | ₹25,682 | ₹26,912 | ₹28,162 | ₹29,430 |
Interest rates are typical November 2026 ranges for illustration; your rate depends on the lender, your credit score and income. Use the calculator above for your own rate.
| Tenure | EMI | Total interest | Interest as % of loan |
|---|---|---|---|
| 5 years | ₹70,967 | ₹7,58,043 | 22% |
| 10 years | ₹42,465 | ₹15,95,759 | 46% |
| 15 years | ₹33,448 | ₹25,20,608 | 72% |
| 20 years | ₹29,275 | ₹35,26,097 | 101% |
| 25 years | ₹27,014 | ₹46,04,070 | 132% |
| 30 years | ₹25,682 | ₹57,45,434 | 164% |
| Year | Principal paid | Interest paid | Balance at year end |
|---|---|---|---|
| Year 1 | ₹73,978 | ₹2,77,327 | ₹34,26,022 |
| Year 2 | ₹80,118 | ₹2,71,186 | ₹33,45,903 |
| Year 3 | ₹86,768 | ₹2,64,537 | ₹32,59,135 |
| Year 4 | ₹93,970 | ₹2,57,335 | ₹31,65,165 |
| Year 5 | ₹1,01,769 | ₹2,49,535 | ₹30,63,395 |
| Year 6 | ₹1,10,216 | ₹2,41,089 | ₹29,53,179 |
| Year 7 | ₹1,19,364 | ₹2,31,941 | ₹28,33,815 |
| Year 8 | ₹1,29,271 | ₹2,22,033 | ₹27,04,544 |
| Year 9 | ₹1,40,001 | ₹2,11,304 | ₹25,64,543 |
| Year 10 | ₹1,51,621 | ₹1,99,684 | ₹24,12,922 |
| Year 11 | ₹1,64,205 | ₹1,87,100 | ₹22,48,717 |
| Year 12 | ₹1,77,834 | ₹1,73,471 | ₹20,70,883 |
| Year 13 | ₹1,92,594 | ₹1,58,710 | ₹18,78,288 |
| Year 14 | ₹2,08,580 | ₹1,42,725 | ₹16,69,709 |
| Year 15 | ₹2,25,892 | ₹1,25,413 | ₹14,43,817 |
| Year 16 | ₹2,44,640 | ₹1,06,664 | ₹11,99,176 |
| Year 17 | ₹2,64,946 | ₹86,359 | ₹9,34,231 |
| Year 18 | ₹2,86,936 | ₹64,369 | ₹6,47,295 |
| Year 19 | ₹3,10,751 | ₹40,553 | ₹3,36,544 |
| Year 20 | ₹3,36,544 | ₹14,761 | ₹0 |
In the early years most of each EMI goes to interest; in year 1 you repay only ₹73,978 of principal. Prepaying early saves the most interest.
At 8% a year, the EMI on ₹35,00,000 is ₹29,275 for 20 years and ₹25,682 for 30 years.
Over 20 years at 8% you pay ₹35,26,097 in interest, so the total repayment is ₹70,26,097.
Lenders usually want your EMIs under about half of your take-home pay, so a net monthly income of about ₹58,551 or more for ₹29,275 a month (less if you have no other loans; more if you do).