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Bandhan Bank Home Loan Calculator (2026)

Calculate your Bandhan Bank home loan EMI with amortization schedule, prepayment analysis, and complete repayment timeline.

₹25L @ 8.85% for 20 yrs → EMI ₹22,253

Loan Details

₹25.0 L
₹5,00,000₹5,00,00,000
8.85%
6%15%
20 years
5 yrs30 yrs
EMI Start Date
💰
Monthly EMI₹22,253
Total Interest₹28.40 L114% of principal
Total Payment₹53.40 LPrincipal + Interest
📅
Loan PayoffMay 2046
Principal vs Interest47% : 53%
PrincipalInterest

Payment Breakdown

Principal vs Interest distribution

Total Payment₹53.4 L
Principal (47%)
₹25.0 L
Interest (53%)
₹28.4 L

Home Loan Amortization Schedule

Month-wise payment breakdown for 20 years (240 months) — Showing Year 1

Principal Paid
₹47,690
Year 1
Interest Paid
₹2.19 L
Year 1
Outstanding
₹24.52 L
End of Year 1
Yr 1Yr 2Yr 3…
MonthDateEMIPrincipalInterestBalance
1Jun 2026₹22,253₹3,816₹18,438₹24,96,185
2Jul 2026₹22,253₹3,844₹18,409₹24,92,341
3Aug 2026₹22,253₹3,872₹18,381₹24,88,469
4Sep 2026₹22,253₹3,901₹18,352₹24,84,568
5Oct 2026₹22,253₹3,929₹18,324₹24,80,639
6Nov 2026₹22,253₹3,958₹18,295₹24,76,681
7Dec 2026₹22,253₹3,987₹18,266₹24,72,693
8Jan 2027₹22,253₹4,017₹18,236₹24,68,676
9Feb 2027₹22,253₹4,047₹18,206₹24,64,630
10Mar 2027₹22,253₹4,076₹18,177₹24,60,554
11Apr 2027₹22,253₹4,106₹18,147₹24,56,447
12May 2027₹22,253₹4,137₹18,116₹24,52,310
← Previous YearYear 1 of 20Next Year →

How is Home Loan EMI Calculated?

The standard EMI formula used by all banks in India

EMI = [P × R × (1+R)N] / [(1+R)N − 1]
P
Principal Amount
Loan amount borrowed from bank
R
Monthly Rate
Annual rate ÷ 12 ÷ 100
N
Total Months
Loan tenure in months
💡

Your Calculation

P (Principal)₹25,00,000
R (Monthly Rate)8.85% ÷ 12 = 0.7375%
N (Months)20 × 12 = 240 months
₹25,00,000×0.007375×(1+R)240
(1+R)240 − 1
=₹22,253/month

In simple words: EMI (Equated Monthly Installment) is the fixed amount you pay every month to the bank. It includes both the principal repayment and the interest charged on your outstanding loan balance. In the early years, most of your EMI goes towards paying interest. As the loan matures, more of your EMI goes towards reducing the principal amount.

📋 Quick Info

  • 🏦Compare rates across banks for best deal
  • 💡Prepay early to save lakhs in interest
  • 🛡️Tax benefit up to ₹3.5L/yr (80C + 24b)
⚠️

Important Disclaimer

EMI calculations assume a fixed interest rate throughout the tenure. Actual EMI may vary based on floating rate changes, processing fees, and lender terms. This tool is for educational purposes only.