Kotak Mahindra Bank Home Loan EMI Calculator
Kotak Mahindra Bank offers home loan options for different borrowing plans. If you're weighing a Kotak Mahindra Bank home loan, use your own loan amount, interest rate and tenure to estimate the monthly EMI. Compare the totals as you adjust the inputs before deciding what fits your budget.
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 Kotak Mahindra 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 ₹45,00,000 loan at 9.1% per year over 18 years, the estimated monthly EMI is ₹42,422. Total interest comes to approximately ₹46,63,046, making the total repayment ₹91,63,046.
Kotak Home Loan Flexi
A flexible EMI structure allowing borrowers to adjust repayment amounts within limits based on cash flow changes. The calculator above estimates a standard fixed-EMI loan; it does not simulate this flexible structure.
Frequently asked questions
Kotak Home Loan Flexi is a flexible EMI structure allowing borrowers to adjust repayment amounts within limits based on cash flow changes. The calculator above estimates a standard fixed-EMI loan; it does not simulate this flexible structure.
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 Kotak Mahindra Bank. This calculator provides estimates for planning purposes.