A "low interest" loan shouldn't mean you have very little interest in paying it back!
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    We found 2 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
    Rs.5,000 Amazon voucher free
    What you'll love
    Documents
    Perks
    Fees & Charges
    Good to Know
    Eligibility Criteria
    8.65% - 8.70% Floating
    Up to 0.5% (max. ₹11,500) One time fee
    5L - 10Crs
    1-30 Years
    Response Time Within 30 minutes
    Rs.5,000 Amazon voucher free
    What you'll love
    Documents
    Perks
    Fees & Charges
    Good to Know
    Eligibility Criteria

    HDFC Home Loan EMI Calculator is Rated as "Great!" by 4862 Users

    Fees & Charges

    Promised Interest Rate

    Customer Service

    Responsiveness

    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.

    Home Loan Offers

    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
      "High on ROI"
      0.5 4.0/5 "Great!"
      HDFC LTD has provided me the home loan with ease. I did not have to follow much on the process. I got the loan on time. The verification went well too. The institution is very high on the interest rate and the processing charges are also very high.
      Was this review helpful? 3
      , bangalore
      Reviewed on Jun 23, 2017
    • HDFC Limited Home Loan
      "Better "
      0.5 4.0/5 "Great!"
      HDFC limited have contacted me after sometime from the time of inquiry for the home loan. Rate of interest was around 8.5%, which was bit huge one for me , also I am okay with that. Customer service and other things were good only.
      Was this review helpful? 1
      , pune
      Reviewed on Jun 22, 2017
    • HDFC Limited Home Loan
      "Service to be get improved"
      0.5 1.0/5 "Really Bad"
      Nobody have contacted me from the HDFC limited for the home loan, which I have inquired. Rate of interest was around 8.6%, also I am okay with them. In future, I would like to go ahead with them in future and I request them to contact the customer as soon as possible.
      Was this review helpful? 1
      , mumbai
      Reviewed on Jun 22, 2017
    • HDFC Limited Home Loan
      "Satisfied"
      0.5 4.0/5 "Great!"
      I did not taken the home loan with the HDFC limited because I have already arranged the funds from my end. Customer service is very good one and the response is also good one. The rate of interest was around 8.5% with the HDFC limited, also I am comfort with them.
      Was this review helpful? 0
      , mumbai
      Reviewed on Jun 22, 2017
    • HDFC Limited Home Loan
      "Best"
      0.5 4.0/5 "Great!"
      Within twenty days of time, I have got the home loan with the HDFC limited and the response and other things with the HDFC limited was good one, also the customer service too. Rate of interest was around 8.5%, which was not okay for me , also they have told post documentation process , rate of interest would not get changed.
      Was this review helpful? 0
      , guwahati
      Reviewed on Jun 22, 2017
    • HDFC Limited Home Loan
      "Better "
      0.5 4.0/5 "Great!"
      I got the home loan with the HDFC limited and the interest rate is around 8.35%, also the loan amount got sanctioned in twenty five days of time. Customer service is good and the processing charged was around 0.5% of the total capital amount, also I am very much happy with them.
      Was this review helpful? 0
      , chennai
      Reviewed on Jun 22, 2017
    • HDFC Limited Home Loan
      "Good"
      0.5 4.0/5 "Great!"
      I got the home loan with the HDFC limited and the interest rate was around 8.4%, also the loan amount got disbursed within a week of time. Service aspects and everything is fine one for me. They have provided around 80% of the cost of home as loan. Documentation process were nominal one with the HDFC limited.
      Was this review helpful? 0
      , chennai
      Reviewed on Jun 22, 2017
    • HDFC Limited Home Loan
      "Good Process"
      0.5 5.0/5 "Blown Away!"
      There was no issues with HDFC ltd for the housing loan. I had taken this loan for the interest rate of 9.30%. The loan process went good and there was no hassles with HDFC ltd. Customer service is quite good and they supported well throughout the loan process.
      Was this review helpful? 0
      , pune
      Reviewed on Jun 20, 2017
    • HDFC Limited Home Loan
      "Its Average"
      0.5 3.0/5 "Satisfactory"
      My first home loan was taken from HDFC Ltd, second loan with ICICI. But I felt ICICI is better than HDFC ltd, because HDFC ltd is not clear when it comes to loan transaction, I cant see the pending principle amount through netbanking properly. I took the amount of 11 lakhs and this is for a tenure of 15 years.
      Was this review helpful? 0
      , bangalore
      Reviewed on Jun 20, 2017
    • HDFC Limited Home Loan
      "Good Process"
      0.5 4.0/5 "Great!"
      Twelve years back I had taken the housing loan from HDFC finance limited. And the current interest rate is 9.25% and I am asking them to reduce it to 8.5%. Customer service and responsiveness are good with HDFC Ltd. They done with the process without any hassles.
      Was this review helpful? 0
      , coimbatore
      Reviewed on Jun 19, 2017
    • HDFC Limited Home Loan
      "Average "
      0.5 3.0/5 "Satisfactory"
      I have not taken the home loan with the HDFC limited because I have arranged through some other sources. Services are fine with them and the rate of interest was around 8.35%. Rate of interest and the processing charges were happy.
      Was this review helpful? 1
      , bangalore
      Reviewed on Jun 16, 2017
    • HDFC Limited Home Loan
      "Unprofessional services"
      0.5 1.0/5 "Really Bad"
      I have taken a home loan from HDFC Ltd and I am not happy with the customer services. They are not professional in communicating to the customer and they do not know how to behave at the bank as well. The interest rate and processing charges is normal.
      Was this review helpful? 1
      , thane
      Reviewed on Jun 16, 2017
    • HDFC Limited Home Loan
      "Happy Service"
      0.5 5.0/5 "Blown Away!"
      A year ago, I had taken a home loan from HDFC Ltd. They quoted an interest rate of 8.60%. The loan process was very simple and there were no challenges for the loan. They had done with the process in a proper way and I am quite happy with HDFC Ltd...
      Was this review helpful? 0
      , ranchi
      Reviewed on Jun 16, 2017
    • HDFC Limited Home Loan
      "Good in response"
      0.5 3.0/5 "Satisfactory"
      Due to my personal reasons I have postponed my plan for the home loan at HDFC LTD. The team responded to me on time and given me proper information. There were calls in between the process as well. The rate of interest and processing charges was normal.
      Was this review helpful? 0
      , mumbai
      Reviewed on Jun 15, 2017
    • HDFC Limited Home Loan
      "Good deal on ROI. Can do better in services"
      0.5 4.0/5 "Great!"
      I have taken my home loan from HDFC Ltd. The overall experience was good. But when I walked in to their office for a one to one discussion. The meeting did no take place at the promised time instead I had to wait for two hours. The interest rate was a good deal. I got a rate of 8.35% an the processing charges was nominal too.
      Was this review helpful? 1
      , new delhi
      Reviewed on Jun 15, 2017
    • HDFC Limited Home Loan
      "Quick response"
      0.5 4.5/5 "Excellent!"
      I did not go ahead with HDFC Ltd for the home loan because I got a similar deal from my existing bank and I did not want the hassle of documentation. The services from this institution was good, they were on time and the rate they offered was also reasonable. It was of 8.5%.
      Was this review helpful? 0
      , delhi
      Reviewed on Jun 15, 2017
    • HDFC Limited Home Loan
      "Nice service"
      0.5 5.0/5 "Blown Away!"
      HDFC ltd is good for my housing loan. I am much happy with them because of the loan I had received. I do not remember the rate of interest but which is very nominal when compared with other banks. The way of customer approach and response is good with HDFC ltd.
      Was this review helpful? 1
      , hyderabad
      Reviewed on Jun 14, 2017
    • HDFC Limited Home Loan
      "They should provide prompt response to the customer"
      0.5 1.0/5 "Really Bad"
      No body have called me from Hdfc ltd for the home loan, at the I have approached PNB but that deal also cancelled because of interest rate. HDFC Ltd should consider each and every customer as prime customer and they should give response to their request.
      Was this review helpful? 0
      , kolkata
      Reviewed on Jun 14, 2017
    • HDFC Limited Home Loan
      "Its Average"
      0.5 2.0/5 "Expected more"
      HDFC ltd did not approve my home loan because I am going to finalize ready to occupy apartment, they were asking guarantor. Hence I added my father as co applicant he has agricultural land but they not giving loan for agricultural land. I have taken home loan from Chaitanya godavari grameena bank it associated with Andhra bank.
      Was this review helpful? 1
      , hyderabad
      Reviewed on Jun 14, 2017
    • HDFC Limited Home Loan
      "Average"
      0.5 3.0/5 "Satisfactory"
      I did not go ahead with the home loan with HDFC Ltd because I was in need of a loan amount of 16 to 17 Lakhs. But they were offering me 12 to 13 lakhs. So I cancelled my application. They were also huge on the rate of interest and processing charges. Average overall.
      Was this review helpful? 0
      , pune
      Reviewed on Jun 14, 2017
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