Home Loan EMI Calculator

Calculate your Home Loan EMI instantly!

The process of availing for a home loan comes with common questions like what would be my EMI and on what basis would this be calculated? We’ve just made your hustle easier! A home loan EMI calculator is the simplest tool to understand what your monthly payment will look like.

My loan requirement is

INR

I m looking at an interest rate of

I plan to repay the loan amount in

Your monthly EMI is

0 INR

at 8% interest rate for 14 years

Principal:

0 INR

Interest Payable:

0 INR

Total Amount Payable:

0 INR

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How do you use the Home Loan EMI Calculator?

Certain factors that this algorithm depends on are your home loan amount, the interest rate in question and the tenure you are looking at. The amortization schedule can be yearly or monthly, the details of which can be understood by simply contacting us.
As mentioned already, the home loan EMI Calculator makes use of the parameters enlisted below.

The home loan amount you have applied for
The interest rate required to pay on the home loan amount
The tenure you want to repay the home loan in, the maximum being 20 years

The home loan EMI Calculator will provide you with the EMI figures in seconds!

What are the processing fees applicable on a Home Loan?

At Kotak, the processing fees associated with home loans are charged at a nominal amount. We charge zero processing fees for online applications. Know more about the fees and charges associated with Kotak Home Loans.

What are the documents required for a Home Loan?In order to keep the process of Home Loan application quick and hassle free, we have mandated a set of verification documents, thus preventing you from spending undue time on gathering copies.
You need to submit the home loan application form along with the following documents,

Identity and Signature proof.
Age and Address proof.
Educational Qualification proof.
Income and Banking proof.
Relationship Proof

You can find all the other relevant details related to the documents required for home loan.

What are the various repayment options available?

We provide various customizable options when it comes to your home loan repayment. You may choose a loan period of up to 20 years or outstanding tenure of the proposed loan to be taken over, whichever is lower. The same can vary depending on your profile.

Why apply for a Kotak Home Loan?

Kotak Home Loans are available at attractive interest rates are designed to reduce the pressure of getting loans approved for customers. It comes with insurance options to cover the loans at affordable premiums and has a quick turnaround time. It is the sweetest pathway that leads you a step closer to your dream home!

Explore a world of endless possibilities with Kotak Home Loans.

Frequently Asked Questions

What is the maximum amount I can borrow for a home loan?

You can borrow up to 90% (upto 80% for original loan between Rs. 20-75 Lacs, & 75% for original loan above Rs. 75 Lacs) of the cost of the property in case of Home Loan Balance Transfer.

However in case of Commercial Loans against Property or Loans against an existing property you can borrow up to 60% of the cost of the property. The Home Loan Balance Transfer Amount shall, however, be restricted to the Outstanding Balance of Loan with the existing financer.