See exactly how much of your EMI goes towards interest vs principal over time.
In the early years of a mortgage, a massive chunk of your EMI goes towards paying the interest. Very little goes towards reducing the principal. In the later years, the ratio flips. This is why prepaying early saves so much money.
Monthly EMI
₹43,391
Principal Loan
₹50,00,000
Total Interest
+₹54,13,879
These values are used across all calculators
RBI target: 4% · Historical avg: ~6% · Used for "Value in Today's Money" calculations.
New regime (default from FY 2023-24): lower rates, fewer deductions.
Age doesn’t affect slab rates under the New Regime. Switch to Old Regime to configure.
Tax rules and slab rates are loaded from this assessment year's configuration.