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

  • PNB HFL Home Loan Calculator

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  • Updated as per Latest Rates on 19th June 2019

    With the PNB Home Loan EMI Calculator, you can easily estimate the monthly repayment amount on your housing loan. The minimum EMI per lakh you get with PNB is Rs.812.

    To use the calculator, you need to know the current PNB home loan interest rates, loan amount, and tenure. Enter the values and you’ll get a full break-up of your monthly repayments.

    PNB Housing Loan EMI Calculator 2019

    Calculate Your PNB Home Loan Monthly Repayment

    The table below gives you an idea of the EMIs for various tenures and loan amounts:

    Rs.10 Lakh Rs.20 Lakh Rs.40 Lakh Rs.50 Lakh
    10 years Rs.12,688 Rs.25,335 Rs.50,670 Rs.63,338
    20 years Rs.8,997 Rs.17,995 Rs.35,989 Rs.44,986
    30 years Rs.8,046 Rs.16,092 Rs.32,185 Rs.40,231

    Calculate Your PNB Housing Loan Monthly Repayment

    Suppose you are applying for the PNB Home Loan scheme at an interest rate of 9% p.a. and a loan amount of Rs.30 lakh, Rs.50 lakh, Rs.70 lakh or Rs.1 crore. Using the Bankbazaar Home Loan EMI Calculator, you can find the EMIs, processing fee and total interest payable on various tenures. In the above example, we’ve kept the processing fee as 0.35% and selected ‘No’ for pre-payments.

    PNB Housing Finance Home Loan interest rates: For salaried and self-employed professionals, the rate of interest charged by PNB Housing Finance on their property loans ranges between 9.1% p.a. and 11.25% p.a. Any housing loan applied for after 6 March 2019 will attract a floating rate of 9% p.a.

    For businessmen and self-employed non-professionals, the interest rate ranges from 9.3% p.a. to 12.5% p.a. For a housing loan applied for after 6 March 2019, the applicable interest rate will be 9.15% p.a. These rates are as of 23 Oct 2019. The bank may change these rates at its own discretion.

    PNB Housing Finance Home Loan processing fee: The bank charges you a fee for processing the loan. This processing fee usually is 1% of the loan amount subject to a minimum of Rs.10,000. Any taxes that apply to this fee will be extra. You must pay the whole processing fee when you apply for the loan. In case your application is not approved, the lender will retain Rs.3,000 plus taxes and refund the rest of the fee.

    PNB Housing Finance Home Loan amount and tenure: The maximum amount of loan you can take is Rs.2 crore. The maximum tenure offered by PNB Housing Finance is 30 years.

    Repayment schedule of your PNB Housing Finance Home Loan: To get to know how repayment works, we’re going to look at an illustration. For this, let’s assume the following inputs:

    Loan amount: Rs.10 lakh
    Interest rate: 9% p.a.
    Tenure: 10 years
    Processing fee: Rs.10,000 (10,00,000 x 1%)
    EMI: Rs.12,668

    The following table shows you how this loan will be distributed over 10 years:

    Year Principal Paid - A (Rs.) Interest Paid - B (Rs.) Total Payment - A+B (Rs.) Outstanding Loan Balance (Rs.)
    2019 53,455 73,221 1,26,676 9,46,545
    2020 69,648 82,362 1,52,010 8,76,896
    2021 76,184 75,830 1,52,014 8,00,715
    2022 83,329 68,682 1,52,011 7,17,386
    2023 91,144 60,865 1,52,009 6,26,241
    2024 99,696 52,315 1,52,011 5,26,546
    2025 1,09,047 42,964 1,52,011 4,17,499
    2026 1,19,277 32,734 1,52,011 2,98,222
    2027 1,30,463 21,545 1,52,008 1,67,757
    2028 1,42,705 9,308 1,52,013 25,053
    2029 25,053 282 25,335 0

    Note: The figures in the table may vary from the actual figures given by the bank in case the bank charges certain other fees as well.

    PNB Housing Finance Home Loan EMI Calculator FAQs

    1. Why should I calculate my EMIs before taking a loan?
    2. Calculating your EMIs before you apply for a loan can benefit you in the following ways:

      • You’ll know exactly how much you should commit every month towards your housing loan.
      • The total interest shows you how much your loan will cost you in the long run.
      • Planning prepayments and pre-closures becomes easier.
    3. If I make prepayments, will my home loan EMIs change?
    4. When you prepay a part of your loan, it reduces the outstanding principal. This will help you reduce the monthly instalment amounts by not changing the tenure. Or you can keep the instalment amounts the same and reduce the loan period. It is generally advisable to reduce the tenure of the loan and keep the EMI constant since you will pay lesser interest in the long run.

    5. Are there any charges for prepayments?
    6. PNB Housing Finance does not charge any fee if you prepay your housing loan carrying a floating rate of interest. For fixed-rate loans, the bank charges a 3% prepayment fee on the amount prepaid only if you pay using sources other than your own funds. If you use your own funds to prepay the outstanding amount, no such charge will apply.

    7. Why are the interest charges in the repayment table slightly higher during the initial months of the loan?
    8. The interest rate of your loan is applied on the basis of “reducing balance principle”. Because of this, the interest will be slightly higher during the initial phase since the principal outstanding is higher. As this amount reduces, the incidence of interest will also come down proportionately.

    9. Is the EMI calculator accurate?
    10. As long as you give it the correct details, the calculator will generate the right details. That being said, the EMI quoted by the bank may be a little different from the one given by the calculator. This is because the bank may charge additional fees as per its discretion.


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