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. ₹11,800) 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. ₹11,800) 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 4881 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
      "Its Good"
      0.5 4.0/5 "Great!"
      I have directly reached HDFC Ltd for the home loan, their executive are done a good job. Within three days of time, they have approved my housing loan. HDFC Ltd offered me the interest rate around 8.4 % for the principal of Rs.25 lakhs with the tenure of 20 years. I am very happy with HDFC ltd.
      Was this review helpful? 0
      , hyderabad
      Reviewed on Jul 13, 2017
    • HDFC Limited Home Loan
      "Response part should be improved"
      0.5 2.0/5 "Expected more"
      Hdfc Ltd response is not upto the mark, I have applied for the home loan, I submitted all my documents along with the processing fee of Rs.7800. Even I got sanction letter for the home loan. But still I am not sure about the application status, no one contacted me properly, I am the one calling them and getting the status.
      Was this review helpful? 0
      , delhi
      Reviewed on Jul 13, 2017
    • HDFC Limited Home Loan
      "Best offer"
      0.5 5.0/5 "Blown Away!"
      Initially I have some offer from HDFC Ltd, I though to process with that rate, it was shown in online channel, finally HDFC Ltd gave me some thing else. Now my loan is under process, I got my sanction letter, I have finalized a plot to construct a house for that HDFC Ltd processing the interest of 8.65% and also they taking some processing fee.
      Was this review helpful? 0
      , bangalore
      Reviewed on Jul 13, 2017
    • HDFC Limited Home Loan
      "Good Service"
      0.5 3.0/5 "Satisfactory"
      I had applied for the HDFC Ltd for the home loan and as a customer I am very happy with the way they are process this loan. They had explained every bit of the information in detail before I even submitted my paper work. The interest rate and charges are very much reasonable too the loan amount I have taken is 17 lakhs and the rate of interest they have offered is 10% and 8.6% and the EMI is 16400
      Was this review helpful? 1
      , haridwar
      Reviewed on Jul 12, 2017
    • HDFC Limited Home Loan
      "Satisfactory"
      0.5 4.0/5 "Great!"
      HDFC Ltd service is good but they don't have online payment option to make Loan due. If suppose I miss the EMI amount, I should visit to the bank to make the EMI. It would be great if they provide online payment, instead of visiting to the bank. Other than this everything is good, my home loan experience was good with HDFC Ltd, they giving offers especially for women they reducing the interest rate.
      Was this review helpful? 2
      , bangalore
      Reviewed on Jul 10, 2017
    • HDFC Limited Home Loan
      "Satisfied service."
      0.5 5.0/5 "Blown Away!"
      I have applied home loan with HDFC limited , but then the HDFC executive told the place which I have selected is not eligible to get the loan. The rate of interest is nominal with HDFC limited.The customer service and the response was good with HDFC limited.
      Was this review helpful? 0
      , chennai
      Reviewed on Jul 07, 2017
    • HDFC Limited Home Loan
      "Overall good"
      0.5 4.0/5 "Great!"
      Since the property I was buying was not listed with HDFC LTD, I had taken my home loan from another bank. The customer services are good and they were responsive. The interest rate and processing charges were also normal. Overall no hassles faced.
      Was this review helpful? 0
      , bangalore
      Reviewed on Jul 07, 2017
    • HDFC Limited Home Loan
      "Looking for a better option"
      0.5 4.0/5 "Great!"
      I am not fine with HDFC Ltd. what they offering. I though they would be charging me 0% of processing fee for the car loan. But HDFC Ltd charging the processing fee of Rs.7000 it is high. But I am fine with their interest rate of 8.40% it is nominal. Therefore I didn't go head with HDFC Ltd for the housing loan.
      Was this review helpful? 0
      , mumbai
      Reviewed on Jul 06, 2017
    • HDFC Limited Home Loan
      "Very good services"
      0.5 5.0/5 "Blown Away!"
      I have taken my home loan from HDFC Ltd and the process for it has been good. The documents was collected on time and it is not much of paperwork. The process is smooth too. The interest rate and processing charges is normal and in all there are no hassles.
      Was this review helpful? 0
      , lucknow
      Reviewed on Jul 06, 2017
    • HDFC Limited Home Loan
      "Excellent"
      0.5 5.0/5 "Blown Away!"
      My home loan is from HDFC Ltd. The customer support is good and the process was completed very fast. It was smooth as well, without any hiccups. The interest rate was around 8% and the processing charges was also normal. The disbursement is on time too.
      Was this review helpful? 1
      , indore
      Reviewed on Jul 06, 2017
    • HDFC Limited Home Loan
      "Its Good"
      0.5 3.0/5 "Satisfactory"
      HDFC Ltd stated that, I am eligible only the amount of 9 lakhs for the housing loan. But I applied an amount of 14.4 lakhs at least, I am was looking out for an amount of Rs. 12 lakhs. Hence I am not fine with the principal amount and therefore I closed the loan application.
      Was this review helpful? 0
      , bangalore
      Reviewed on Jul 06, 2017
    • HDFC Limited Home Loan
      "Looking for a better service"
      0.5 3.0/5 "Satisfactory"
      HDFC ltd were asking lot of documents like KYC ,property documents, IT and others it was very difficult to submit all papers. But ICICI don't have such a big process, moreover I didn't get the response immediately from HDFC . They should reach the customer immediately to provide the better service.
      Was this review helpful? 1
      , hyderabad
      Reviewed on Jul 05, 2017
    • HDFC Limited Home Loan
      "Communication gap should be eliminated"
      0.5 2.0/5 "Expected more"
      I didn't receive any call from HDFC Ltd that's the first reason, I tried reach them multiple time. One of the online channel executive also coordinated with me to connect the bank. Finally I got a mail from HDFC Ltd some one will be reaching me for the loan process but no body turned up. I would like to suggest them to acknowledge the customer request.
      Was this review helpful? 1
      , mumbai
      Reviewed on Jul 05, 2017
    • HDFC Limited Home Loan
      "Quick Process"
      0.5 5.0/5 "Blown Away!"
      People from HDFC ltd visited my premises and collected the documents for the home loan. Even they had completed and sanctioned the loan in a week time. Their services are really good and I had received good response from them during the loan process.
      Was this review helpful? 0
      , visakhapatnam
      Reviewed on Jul 05, 2017
    • HDFC Limited Home Loan
      "Better Service"
      0.5 4.0/5 "Great!"
      HDFC LTD quoted 9.6% for my home loan. The interest rate is comparatively better. I never faced any kind of issues with them for the home loan process. Customer service is quite good and there were no hidden charges when it comes to the loan process,.
      Was this review helpful? 0
      , pollachi
      Reviewed on Jul 04, 2017
    • HDFC Limited Home Loan
      "AVERAGE"
      0.5 3.0/5 "Satisfactory"
      After I had applied with HDFC Ltd for the home loan, I received some calls at that time I was in vacation I wasent able to talk them properly and I have no idea about rate of interest and the loan amount I had an Idea of getting is 25lakhs.
      Was this review helpful? 1
      , indore
      Reviewed on Jul 03, 2017
    • HDFC Limited Home Loan
      "Excellent Service"
      0.5 5.0/5 "Blown Away!"
      Within 5 days of time my home loan got disbursed with HDFC limited. The service with HDFC limited is quick and fast. The rate of interest is nominal with HDFC limited. I am happy about the loan amount. I am satisfied with the HDFC limited service.
      Was this review helpful? 2
      , agra
      Reviewed on Jul 01, 2017
    • HDFC Limited Home Loan
      "Satisfied"
      0.5 5.0/5 "Blown Away!"
      I have postponed my plan due to some other personal reason with the HDFC limited for the home loan. I would like to say that the rate of interest was a kind of okay for me on that time . Customer service and other things are good one with the HDFC limited.
      Was this review helpful? 1
      , ahmedabad
      Reviewed on Jun 24, 2017
    • HDFC Limited Home Loan
      "Good Process"
      0.5 4.0/5 "Great!"
      I had availed home loan from HDFC ltd. I had got this loan for 18 lakhs. And the interest rate in the beginning was around 9.50% after which I put an application to reduce the interest rate, hence they reduced it further to 8.50%. There were no challenges with the bank during the entire loan process.
      Was this review helpful? 2
      , jaipur
      Reviewed on Jun 24, 2017
    • 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? 4
      , bangalore
      Reviewed on Jun 23, 2017
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