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Home Loan EMI Calculator

Work out the EMI on a housing loan, see exactly how much of every instalment is interest, and find out what a single part-payment does to your 20-year tenure.

Amount range: AED 100K – AED 100M
Tenure: up to 30 years
Method: Reducing balance

Monthly EMI

AED 43,391

for 20 yr · last instalment Sep 2046

Total Interest

AED 5,413,879

AED1.08 interest per AED1 borrowed

Fees + tax

AED 29,500

Deducted upfront by the lender

Total Repayment

AED 10,413,879

Principal + interest over the full term

Total Cost of Loan

AED 10,443,379

Everything you pay, fees included

Where your money goes

Total repaymentAED 10.41M

Principal47.9%
Interest51.8%
Fees + GST0.3%

Amortisation Schedule

240 instalments · every rupee accounted for

Period	Payment	Principal	Interest	Balance	Paid
2026(3 mo)	AED 130,173	AED 24,093	AED 106,080	AED 4,975,907	0%
Oct 2026	AED 43,391	AED 7,974	AED 35,417	AED 4,992,026	0.2%
Nov 2026	AED 43,391	AED 8,031	AED 35,360	AED 4,983,995	0.3%
Dec 2026	AED 43,391	AED 8,088	AED 35,303	AED 4,975,907	0.5%
2027(12 mo)	AED 520,694	AED 101,641	AED 419,053	AED 4,874,266	3%
2028(12 mo)	AED 520,694	AED 110,625	AED 410,069	AED 4,763,640	5%
2029(12 mo)	AED 520,694	AED 120,404	AED 400,290	AED 4,643,237	7%
2030(12 mo)	AED 520,694	AED 131,046	AED 389,648	AED 4,512,191	10%
2031(12 mo)	AED 520,694	AED 142,629	AED 378,065	AED 4,369,561	13%
2032(12 mo)	AED 520,694	AED 155,237	AED 365,457	AED 4,214,325	16%
2033(12 mo)	AED 520,694	AED 168,958	AED 351,736	AED 4,045,367	19%
2034(12 mo)	AED 520,694	AED 183,892	AED 336,802	AED 3,861,475	23%
2035(12 mo)	AED 520,694	AED 200,147	AED 320,547	AED 3,661,328	27%
2036(12 mo)	AED 520,694	AED 217,838	AED 302,856	AED 3,443,490	31%
2037(12 mo)	AED 520,694	AED 237,093	AED 283,601	AED 3,206,397	36%
2038(12 mo)	AED 520,694	AED 258,050	AED 262,644	AED 2,948,347	41%
2039(12 mo)	AED 520,694	AED 280,859	AED 239,835	AED 2,667,489	47%
2040(12 mo)	AED 520,694	AED 305,684	AED 215,010	AED 2,361,804	53%
2041(12 mo)	AED 520,694	AED 332,704	AED 187,990	AED 2,029,100	59%
2042(12 mo)	AED 520,694	AED 362,112	AED 158,582	AED 1,666,988	67%
2043(12 mo)	AED 520,694	AED 394,119	AED 126,575	AED 1,272,869	75%
2044(12 mo)	AED 520,694	AED 428,956	AED 91,738	AED 843,913	83%
2045(12 mo)	AED 520,694	AED 466,872	AED 53,822	AED 377,041	92%
2046(9 mo)	AED 390,520	AED 377,041	AED 13,479	AED 0	100%

Monthly EMI

AED 43,391

Total interest

AED 5.41M

Check the going rate first

Before you settle on a rate in the calculator, see what lenders are actually publishing for home loans right now.

Home Loan rates

Weighing up two offers?

Put both in the comparison tool. It ranks by total money out of pocket, so a low rate hiding a large processing fee has nowhere to hide.

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Home Loan

Home Loan questions, answered

What people ask most about home loan EMIs, prepayment and total cost.

On a 20-year home loan at 8.5%, about 81% of your first year's instalments go to interest and only 19% reduces the principal. The crossover — where principal overtakes interest within a single EMI — does not arrive until month 143, in the twelfth year. This is precisely why prepaying early has such a large effect: the same lump sum is worth roughly three and a half times as much in year two as it is in year twelve. The year-by-year chart on this page shows the split for your own numbers.

Under the old tax regime, Section 24(b) allows a deduction on interest paid for a self-occupied property, and Section 80C covers principal repayment within the overall 80C limit. The new regime largely removes these benefits for self-occupied property. Limits and eligibility change with each Finance Act, so check the current year's rules or ask a tax professional — this calculator does not model tax relief.

The arithmetic comparison is your loan's interest rate against the return you would earn elsewhere, after tax and adjusted for risk. Prepaying gives a guaranteed, risk-free return equal to your loan rate; an investment offering more comes with the risk of delivering less. The right answer depends on your rate, tax position, job security and how you feel about carrying debt. This tool quantifies the loan side precisely; it cannot tell you what to do.

EMI = P × r × (1+r)^n ÷ ((1+r)^n − 1), where P is the principal, r the monthly interest rate (annual rate ÷ 12 ÷ 100) and n the number of monthly instalments. This is the reducing-balance method lenders use: interest each month is charged only on the balance still outstanding, so the interest portion of your EMI shrinks and the principal portion grows as the loan runs down.

Reducing the tenure almost always saves more money, because you stop paying interest sooner. Reducing the EMI keeps you paying for the original term and only lowers the monthly outgo. Choose tenure reduction if your cash flow is comfortable and you want the maximum interest saving; choose EMI reduction if your monthly budget is tight and breathing room matters more than the total saved. The calculator shows both outcomes side by side.

Yes, substantially. Interest is charged on the outstanding balance, so a rupee repaid in year 2 avoids interest for the remaining 18 years, while the same rupee in year 15 avoids only five years of it. On a typical 20-year home loan, a lump sum in year 2 can save several times what the identical amount saves in year 12.

Yes. The calculator applies your processing fee as a percentage of the sanctioned amount, adds the tax rate you enter on that fee, and reports a Total Cost of Loan that includes both. This matters when comparing lenders: a bank offering a rate 0.1% lower but charging double the processing fee can easily be the more expensive option on a short tenure.

Yes. The comparison tool takes up to four lenders with independent amounts, rates, tenures, processing fees and part-payment plans, then ranks them by total outflow rather than by headline rate — which is the only comparison that reflects fees honestly. You can prefill the rates from our bank interest rates table.

A note on accuracy

This calculator applies the standard reducing-balance formula, and includes any processing fee you enter in the total cost. It does not model late-payment penalties, insurance bundled into the loan, foreclosure charges, or any moratorium period. Your lender's sanction letter is the authoritative statement of your EMI and charges — treat these figures as a well-informed estimate for planning, not a quotation.

Switching country…

Period

Payment

Principal

Interest

Balance

Paid

2026(3 mo)

AED 130,173

AED 24,093

AED 106,080

AED 4,975,907

Oct 2026

AED 43,391

AED 7,974

AED 35,417

AED 4,992,026

0.2%

Nov 2026

AED 43,391

AED 8,031

AED 35,360

AED 4,983,995

0.3%

Dec 2026

AED 43,391

AED 8,088

AED 35,303

AED 4,975,907

0.5%

2027(12 mo)

AED 520,694

AED 101,641

AED 419,053

AED 4,874,266

2028(12 mo)

AED 520,694

AED 110,625

AED 410,069

AED 4,763,640

2029(12 mo)

AED 520,694

AED 120,404

AED 400,290

AED 4,643,237

2030(12 mo)

AED 520,694

AED 131,046

AED 389,648

AED 4,512,191

10%

2031(12 mo)

AED 520,694

AED 142,629

AED 378,065

AED 4,369,561

13%

2032(12 mo)

AED 520,694

AED 155,237

AED 365,457

AED 4,214,325

16%

2033(12 mo)

AED 520,694

AED 168,958

AED 351,736

AED 4,045,367

19%

2034(12 mo)

AED 520,694

AED 183,892

AED 336,802

AED 3,861,475

23%

2035(12 mo)

AED 520,694

AED 200,147

AED 320,547

AED 3,661,328

27%

2036(12 mo)

AED 520,694

AED 217,838

AED 302,856

AED 3,443,490

31%

2037(12 mo)

AED 520,694

AED 237,093

AED 283,601

AED 3,206,397

36%

2038(12 mo)

AED 520,694

AED 258,050

AED 262,644

AED 2,948,347

41%

2039(12 mo)

AED 520,694

AED 280,859

AED 239,835

AED 2,667,489

47%

2040(12 mo)

AED 520,694

AED 305,684

AED 215,010

AED 2,361,804

53%

2041(12 mo)

AED 520,694

AED 332,704

AED 187,990

AED 2,029,100

59%

2042(12 mo)

AED 520,694

AED 362,112

AED 158,582

AED 1,666,988

67%

2043(12 mo)

AED 520,694

AED 394,119

AED 126,575

AED 1,272,869

75%

2044(12 mo)

AED 520,694

AED 428,956

AED 91,738

AED 843,913

83%

2045(12 mo)

AED 520,694

AED 466,872

AED 53,822

AED 377,041

92%

2046(9 mo)

AED 390,520

AED 377,041

AED 13,479

AED 0

100%

A note on accuracy

Home Loan EMI Calculator

Where your money goes

Amortisation Schedule

Check the going rate first

Weighing up two offers?

Other calculators

Home Loan questions, answered

How much of my home loan EMI is interest in the early years?

Can I claim tax deductions on a home loan?

Should I prepay my home loan or invest the money instead?

How is EMI calculated?

Should I reduce my tenure or reduce my EMI when I make a part payment?

Does a part payment early in the loan save more than one later?

Are processing fees and tax on them included in the calculation?

Can I compare loan offers from different banks?

A note on accuracy

Home Loan EMI Calculator

Where your money goes

Amortisation Schedule

Check the going rate first

Weighing up two offers?

Other calculators

Home Loan questions, answered

How much of my home loan EMI is interest in the early years?

Can I claim tax deductions on a home loan?

Should I prepay my home loan or invest the money instead?

How is EMI calculated?

Should I reduce my tenure or reduce my EMI when I make a part payment?

Does a part payment early in the loan save more than one later?

Are processing fees and tax on them included in the calculation?

Can I compare loan offers from different banks?

A note on accuracy