A "low interest" loan shouldn't mean you have very little interest in paying it back!
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    HDFC Home Loan EMI Calculator

    We found 1 HDFC Home Loan EMI Calculator

    Bank Name
    Interest Rate Range
    Processing Fee Range
    Loan Amount
    Tenure Range
    8.35% - 8.60% Floating
    Up to 0.5% (max. ₹11,500) One time fee
    5L - 10Crs
    1-30 Years
    Response Time Within 30 minutes
    What you'll love
    Documents
    Perks
    Fees & Charges
    Good to Know
    Eligibility Criteria

    HDFC Home Loan EMI Calculator is Rated as "Great!" by 4765 Users

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    Home Loan BYTES FROM OUR KITCHEN

    HDFC Home Loans Calculator:

    With 4,520 branches and 12,000 ATM's in 2,587 cities and towns, HDFC Bank is one of the largest private sector lenders in the country. The bank has acquired 2 other banks so far – Times Bank in 2000 and Centurion Bank of Punjab in 2008. HDFC Bank’s total income for the fiscal year 2015-16 was Rs. 70,973.2 crore and its deposits totalled Rs.5,46,424 crore, 21.2 percent higher than the previous year.

    Various HDFC home loan products are available for all kinds of customers. The interest rates are competitive and repayments methods are flexible.

    What Is An EMI Calculator?

    Before you apply for a loan, you need to be sure of the repayment capacity. Sometimes we underestimate the burden a home loan would place on us. You need to be aware of the equated monthly instalments (EMIs) you will be paying the bank, the amount you’ll be repaying as interest to the bank and the total amount you will owe to the bank during the loan period. Making an informed choice is always better than depending on the bank’s marketing personnel to confuse you.

    EMI Calculators are made to solve this problem. You need to know the loan amount, interest rate, tenure and processing fees to use an EMI Calculator. The calculator shows you the approximate EMI you will be paying, as well as all the other payment details that can be obtained from the values you enter. This will help you understand whether you can afford a higher or lower EMI, whether you need to vary the tenure, whether you need a lower rate of interest, etc.

    BankBazaar’s EMI Calculator is one of the best online calculators because it has the option to count the processing fees too. With BankBazaar’s EMI Calculator you can also see how making pre-payments will help you bring down your overall loan burden. Before using the EMI Calculator, you need to know HDFC Home Loan interest rates, fees and charges, and various HDFC Bank home loan products. All this can be found on the BankBazaar website.

    How to Use an EMI Calculator:

    The steps outlined below will make it easy for you to use and understand BankBazaar EMI Calculator:

    • Go to BankBazaar.com and select the Menu tab on the top right corner of the home page.
    • Choose ‘Finance Tools’ and select ‘EMI Calculator’.
    • Using sliders, or by manually entering the values, adjust the loan amount and duration of the loan.
    • Enter the interest rate of the HDFC Bank home loan product that you would like to take.
    • Enter the processing fees for HDFC Bank home loan.
    • If you wish to make pre-payments, click on ‘Yes’ and enter the pre-payment frequency, when you wish to start pre-payment, pre-payment amount, pre-payment fee charged by the bank and what the pre-payment applies to.
    • If you do not wish to make pre-payments, click on ‘No’.
    • Once all data has been input, click on ‘Calculate’.
    • The EMI wizard will estimate results and charts based on the data you input. The results will include an amortisation schedule and pre-payment analysis.

    Example:

    Let us make a calculation to check the results.

    Loan amount: Rs. 40 lakh

    Tenure: 25 years

    Interest rate: 9.45%

    Processing Fee: 0.5%

    Would you like to make pre-payments? No

    Result: Your Monthly Loan EMI – Rs.34,809; Total Interest Due – Rs.64,42,682; Total Amount Payable – Rs.1,04,62,682

    What will happen if you add pre-payments? Let us see.

    Would you like to make pre-payments? Yes.

    Pre-payment frequency: Once in a year

    Pre-payment starts in: 48 months (4 years)

    Pre-payment amount: Rs. 1,00,000

    Pre-payment fee: NIL

    Pre-payment applies to: Sum of all pre-payments

    Result: Your Monthly Loan EMI – Rs.34,809; Total Interest Due – Rs.40,79,060; Total Amount Payable – Rs.80,99,060

    So if you make partial pre-payments of Rs. 13 lakh in 21 year, the total amount payable to the bank is less by around Rs. 23.5 lakh. It also brings down your total loan tenure by around 8 years.

    On the BankBazaar EMI Calculator, you can modify the interest rate, tenure and loan amount to ascertain how much loan you can afford to take at your rate of income.

    40 Lakh HDFC Home Loan EMI for 10 Year Tenure:

    Year Principal Paid(A) Interest Paid(B) Total Payment (A+B) Outstanding Loan Balance
    2016 1,44,424 2,17,123 3,61,547 38,55,577
    2017 2,66,803 3,52,993 6,19,796 35,88,774
    2018 2,93,137 3,26,659 6,19,796 32,95,637
    2019 3,22,069 2,97,724 6,19,793 29,73,567
    2020 3,53,859 2,65,937 6,19,796 26,19,708
    2021 3,88,785 2,31,008 6,19,793 22,30,923
    2022 4,27,158 1,92,635 6,19,793 18,03,763
    2023 4,69,321 1,50,475 6,19,796 13,34,441
    2024 5,15,642 1,04,150 6,19,792 8,18,797
    2025 5,66,541 53257 6,19,798 2,52,257
    2026 2,52,257 5,991 2,58,248 0

    Frequently Asked Questions:

    1. Is the BankBazaar EMI Calculator the same for all banks and loan types?

      Yes. The BankBazaar EMI Wizard is a common tool for all banks and loan types. It does not have any pre-determined values in it, and it makes calculations based on the values you enter into it.

    2. Does HDFC bank have an EMI calculator?

      Yes. HDFC has its own EMI calculator, personalized to each loan type. However, it does not factor in processing fees or pre-payments.

    3. Is an EMI calculator accurate?

      An EMI calculator estimates the amortization details of your loan based on the data you give it. The banks may have hidden charges and fluctuating interest rates that make difference to the repayment amount and EMI. An EMI Calculator is just a tool giving you an approximation of the payments you could be making, and not the final word in the matter.

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  • HDFC Home Loan EMI Calculator Reviews

    • HDFC Limited Home Loan
      "Not satisfied"
      0.5 1.0/5 "Really Bad"
      Communication part was not good with the HDFC limited on my home loan like that did not stick to their commitments. Rate of interest was not at all constraint and I would like to suggest that they need to call the customer at a specified time..
      Was this review helpful? 0
      , chennai
      Reviewed on May 22, 2017
    • HDFC Limited Home Loan
      "Best interest rates with long process"
      0.5 3.0/5 "Satisfactory"
      The major drawback with HDFC LTD is their process. as it is very slow, also they don't respond nor they provide the status of the loan. I had applied for the loan during the month of November, but I got the loan during the month of April which is too long. Totally, they took around 4 to 5 months of time to disburse the loan. The rate of interest is very much nominal but for the documentation and for the processing they had charged around 22k. Expect for the interest rate everything else has to be improved and they need to focus a lot on the communication with the customer. Also they need to be more clear their process and in providing the application status.
      Was this review helpful? 1
      , bangalore
      Reviewed on May 22, 2017
    • HDFC Limited Home Loan
      "Very Good"
      0.5 5.0/5 "Blown Away!"
      I had applied for the home loan with the HDFC LTD and it took minimal time to complete the documentation process and it got disbursed on time. Documentation was really fast They were very much good in their services. They kept contacting me continuously. The rate of interest was 8.7% and other charges was around 18000 rupees and this was for a tenure of 11 years.
      Was this review helpful? 0
      , bangalore
      Reviewed on May 21, 2017
    • HDFC Limited Home Loan
      "Very Good"
      0.5 4.0/5 "Great!"
      They are good in the service provided related to the home loan process related to the HDFC LTD They required much documents and the process was convenient also .1st bank executive came and collected the documents later on I also had to go the bank to sing some annexture the loan amount I applied for 27 laks and I received full amount 13000 charges was there need to pay and the ROI was 8.5% and tenured for 10 years.
      Was this review helpful? 0
      , bangalore
      Reviewed on May 21, 2017
    • HDFC Limited Home Loan
      "Satisfactory services"
      0.5 4.0/5 "Great!"
      It was a on time process for me at HDFC Ltd. The team processed my details on time and the disbursement for the home loan also happened on time. They were nominal on the rate of interest and processing charges. I got a rate around 9% and in all a satisfying experience.
      Was this review helpful? 0
      , indore
      Reviewed on May 19, 2017
    • HDFC Limited Home Loan
      "Overall good process"
      0.5 4.0/5 "Great!"
      It was overall a good experience with HDFC LTD for the home loan. But there was a bit of a delay during the process. The whole thing was completed within one month. The rate of interest was nominal. It was around 9% and the processing charges were normal too. It was in line with the market rate.
      Was this review helpful? 1
      , kolkata
      Reviewed on May 19, 2017
    • HDFC Limited Home Loan
      "Below average"
      0.5 1.0/5 "Really Bad"
      The rate of interest levied was around 8.5% for the home loan with the HDFC limited , also I expected that should be get reduced. Overall , my experience is very much satisfactory. Processing charges were huge with them and the loan amount got disbursed during the month of May.
      Was this review helpful? 0
      , pune
      Reviewed on May 18, 2017
    • HDFC Limited Home Loan
      "Better Service"
      0.5 3.5/5 "Pretty good"
      I had taken a housing loan from HDFC Ltd. Interest rate is something equal to the market value so I am satisfied with that. The process went good without any hurdles but in the initial stage they provided a very good service, later on I had to followup with them for the process. Customer support was good.
      Was this review helpful? 1
      , hyderabad
      Reviewed on May 18, 2017
    • HDFC Limited Home Loan
      "Very good service"
      0.5 5.0/5 "Blown Away!"
      Hdfc limited has done the home loan in quicker process. The verification and the documentation took around 7 days and the loan got disbursed in next 7 days, which was done within the promised time period. The hdfc interests and processing fee is nominal here.
      Was this review helpful? 0
      , hyderabad
      Reviewed on May 18, 2017
    • HDFC Limited Home Loan
      "Very Good Service"
      0.5 5.0/5 "Blown Away!"
      I got enough support from HDFC Ltd for my housing loan. They are very prompt in document collection, submission, processing the application and everything. They are very good in followups, I did not find any difficulties while processing the loan. The service is completely good.
      Was this review helpful? 0
      , ahmedabad
      Reviewed on May 18, 2017
    • HDFC Limited Home Loan
      "Simplify the process"
      0.5 2.0/5 "Expected more"
      I had taken housing loan from HDFC Ltd in the year of 2012. The current interest rate of my housing loan is of 8.85% which is as same as other banks, there is no much difference in the rate of interest. The loan process is really not simple with them, it is very hard.
      Was this review helpful? 0
      , haldwani
      Reviewed on May 17, 2017
    • HDFC Limited Home Loan
      "Excellent services"
      0.5 5.0/5 "Blown Away!"
      It was a hassle free experience with HDFC Ltd for the home loan. Everything was on time and there was no delay, after submitting my documents the loan loan was sanctioned within a week. The disbursement was on the date I requested for. The rate of interest was of 9.15% during the process of the loan and when it was disbursed it was of 8.5%.
      Was this review helpful? 0
      , hyderabad
      Reviewed on May 17, 2017
    • HDFC Limited Home Loan
      "Excellent"
      0.5 4.0/5 "Great!"
      8.5% was the interest rate for my home loan with the HDFC limited and the customer service was good and the loan amount got disbursed within fifteen days of time. Services are also fine one with the HDFC limited and the processing charges were nominal one.
      Was this review helpful? 0
      , hyderabad
      Reviewed on May 16, 2017
    • HDFC Limited Home Loan
      "Best"
      0.5 5.0/5 "Blown Away!"
      I got the home loan with the HDFC limited and the interest rate was around 8.6%. Loan amount got credited to my account within ten days of time. Services and other aspects are best one with the HDFC limited with nil processing charges.
      Was this review helpful? 0
      , coimbatore
      Reviewed on May 16, 2017
    • HDFC Limited Home Loan
      "Reliable"
      0.5 4.5/5 "Excellent!"
      Actually, The experience was good with the HDFC limited for my home loan. Everything got happens at the right time and the rate of interest was around 8.5%. Loan amount got disbursed to my account within stipulated time period, also there was delay from both of the ends.
      Was this review helpful? 0
      , chennai
      Reviewed on May 16, 2017
    • HDFC Limited Home Loan
      "Excellent"
      0.5 4.0/5 "Great!"
      I got the home loan with the HDFC limited because they have sound knowledge in it. 8.5% is the rate of interest and the services are fine one with them. I got the loan amount as immediately. Documentation papers went in the normal way.
      Was this review helpful? 0
      , chennai
      Reviewed on May 16, 2017
    • HDFC Limited Home Loan
      "Satisfied"
      0.5 4.0/5 "Great!"
      HDFC limited has provided the best rate of interest and the offers, so I had choosen HDFC limited for the home loan. 8.5% was the interest rate at that time for the home loan. Within two months of time, I got the home loan , also the delayed due to my end also. There are no suggestion to for HDFC limited.
      Was this review helpful? 0
      , pune
      Reviewed on May 16, 2017
    • HDFC Limited Home Loan
      "Good. Could have been more helpful"
      0.5 4.0/5 "Great!"
      It was a smooth process with HDFC LTD for a home loan because they were helpful, especially the executive named Prabhu at the Chennai office. He went beyond his capablities to sort out my queries. The process took two and half months because I delayed to submit few documents. The rate of interest was of 8.5% and the processing charges were waived off. The Legal team was not supportive as they wanted a rectified sale deed but they were not helpful in telling me how to get it done. I also had to submit another property document as a collateral till I got the deed done.
      Was this review helpful? 0
      , bangalore
      Reviewed on May 16, 2017
    • HDFC Limited Home Loan
      "The simplest process"
      0.5 5.0/5 "Blown Away!"
      Interest rate for my housing loan with HDFC Ltd was 11.25% which is normal when compared with any other banks in the market. Also it is the current rate running in the market as well. There is no challenges on their documentation part because it is so simple.
      Was this review helpful? 0
      , mumbai
      Reviewed on May 16, 2017
    • HDFC Limited Home Loan
      "Nice experience"
      0.5 4.0/5 "Great!"
      HDFC Ltd was fairly good and I had no issues on the process for the home loan. The processing charges was refunded as promised and the rate of interest of 8.5%. The deal was reasonable and decent enough. The after loan services was smooth and in all I had no difficulties.
      Was this review helpful? 0
      , pune
      Reviewed on May 16, 2017
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