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Home Loan and Subsidy Calculator

Home Loan & Subsidy Calculator (Free Tool)

Calculate your home loan eligibility, EMI, Repayment schedule & Subsidy — all in one place.

v3.3
📋 Fill Your Details
Please enter your name
+91
Please enter a valid 10-digit mobile number
Please enter home price
Please enter monthly income
Years
% p.a.
+ Have any existing loan EMIs? (optional)

Combined total of car loan, personal loan, credit card minimum payments etc.

⚙️ Advanced Options (for professionals)
📋 LTV Slabs (RBI Norms)
Loan up to ₹30 Lakh:
%
₹30L - ₹75L:
%
Above ₹75 Lakh:
%
📋 FOIR Slabs (Income-based)
Up to ₹25,000:
%
₹25,001 - ₹50,000:
%
₹50,001 - ₹1,00,000:
%
Above ₹1,00,000:
%
💡 Direct Override (skip slab logic)
Custom LTV %:
%
Custom FOIR %:
%

💡 Leave Custom LTV / FOIR empty to use slab values above. Type a single value to override slab logic for one calculation.

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💰 Your Loan Summary
Eligible Loan
₹ 0
Monthly EMI
₹ 0
Total Interest
₹ 0
Total Payable
₹ 0
🏛️ Home Loan Subsidy
About the Subsidy: Pradhan Mantri Awas Yojana — Urban 2.0 (PMAY-U 2.0) provides a 4% interest subsidy on the first ₹8 lakh of home loan for up to 12 years, with a maximum subsidy of ₹1.80 lakh credited upfront to your loan account.
📄 View Full Eligibility Conditions
To qualify for PMAY-U 2.0 Home Loan Subsidy, ALL of the following must be true:
  1. You (and your family) do not own any pucca house anywhere in India (except the one being acquired/constructed).
  2. You (and your family) have not availed any housing scheme benefit from Central/State/Local government in the last 20 years.
  3. Annual household income is up to ₹9,00,000 (EWS: ≤₹3L, LIG: ₹3-6L, MIG: ₹6-9L).
  4. Home loan amount is up to ₹25,00,000.
  5. House value is up to ₹35,00,000.
  6. Carpet area is up to 120 sq.m (1291 sq.ft).
  7. Property is located in an urban area covered under PMAY-U 2.0.
  8. Home loan is/will be sanctioned on or after 1 September 2024 with a tenure of at least 5 years.
📊 View Year-wise Repayment Schedule
Shows how each yearly EMI is split between principal & interest, with outstanding balance.
Year Principal Paid Interest Paid Total Payment Balance Loan Paid