ICICI Bank Home Loan EMI Calculator
ICICI Bank is a familiar choice for home loan borrowers across India. If you're comparing an ICICI Bank home loan with your budget, try your own amount, interest rate and tenure here. The estimate helps you see both the monthly commitment and the full repayment cost.
Calculate your home loan EMI
Your estimated monthly EMI
₹27,135
- Loan amount
- ₹35,00,000
- Total interest
- ₹30,12,511
- Total repayment
- ₹65,12,511
Year-by-year repayment schedule
| Year | Principal paid | Interest paid | Balance |
|---|---|---|---|
| 1 | ₹83,263 | ₹2,42,362 | ₹34,16,737 |
| 2 | ₹89,282 | ₹2,36,343 | ₹33,27,454 |
| 3 | ₹95,737 | ₹2,29,889 | ₹32,31,718 |
| 4 | ₹1,02,657 | ₹2,22,968 | ₹31,29,060 |
| 5 | ₹1,10,079 | ₹2,15,547 | ₹30,18,982 |
| 6 | ₹1,18,036 | ₹2,07,589 | ₹29,00,946 |
| 7 | ₹1,26,569 | ₹1,99,057 | ₹27,74,377 |
| 8 | ₹1,35,719 | ₹1,89,907 | ₹26,38,658 |
| 9 | ₹1,45,530 | ₹1,80,096 | ₹24,93,129 |
| 10 | ₹1,56,050 | ₹1,69,575 | ₹23,37,078 |
| 11 | ₹1,67,331 | ₹1,58,295 | ₹21,69,748 |
| 12 | ₹1,79,427 | ₹1,46,198 | ₹19,90,320 |
| 13 | ₹1,92,398 | ₹1,33,227 | ₹17,97,922 |
| 14 | ₹2,06,307 | ₹1,19,319 | ₹15,91,615 |
| 15 | ₹2,21,221 | ₹1,04,405 | ₹13,70,395 |
| 16 | ₹2,37,213 | ₹88,413 | ₹11,33,182 |
| 17 | ₹2,54,361 | ₹71,265 | ₹8,78,822 |
| 18 | ₹2,72,748 | ₹52,877 | ₹6,06,073 |
| 19 | ₹2,92,465 | ₹33,160 | ₹3,13,608 |
| 20 | ₹3,13,608 | ₹12,018 | ₹0 |
How this calculator helps you
- Estimate a monthly instalment using your own loan amount and interest rate.
- See how much interest you might pay over the full repayment period.
- Adjust tenure to compare monthly payments against overall borrowing cost.
- Use the repayment total to plan before discussing an offer with your lender.
How ICICI Bank Home Loan EMI Calculator Works
The calculator uses the standard reducing-balance formula: EMI = P × r × (1+r)n ÷ ((1+r)n − 1). Here, P is the loan amount, r is the annual rate divided by 12 and 100, and n is the number of monthly instalments. As the outstanding balance falls, the interest portion of each payment falls too.
A worked example
For an illustrative ₹30,00,000 loan at 8.6% per year over 25 years, the estimated monthly EMI is ₹24,359. Total interest comes to approximately ₹43,07,794, making the total repayment ₹73,07,794.
ICICI Instant Home Loan
A pre-approved digital home loan process for eligible existing ICICI customers, with faster disbursal. The calculator above estimates a standard home loan EMI; it does not simulate pre-approval terms.
Frequently asked questions
ICICI Instant Home Loan is a pre-approved digital home loan process for eligible existing ICICI customers, with faster disbursal. The calculator above estimates a standard home loan EMI; it does not simulate pre-approval terms.
EMI = P × r × (1+r)^n ÷ ((1+r)^n − 1), where P is the loan amount, r is the monthly interest rate and n is the number of monthly payments. At 0% interest, divide the loan amount by the number of months.
A part payment reduces the outstanding principal. Depending on your lender's terms, you may keep the EMI and shorten the tenure, or reduce the EMI while keeping the tenure.
Yes. Enter the figures you want to explore. The monthly EMI, total interest and total repayment update as you change the inputs.
Compare EMI across banks
EMI360 is an independent platform, not affiliated with ICICI Bank Limited. This calculator provides estimates for planning purposes.