What is the current home loan interest rate?

Home loan rates in India range from 8.25% to 11% p.a. SBI and HDFC offer some of the lowest rates.

How long can I take a home loan for?

Home loans are available for up to 30 years. Longer tenure means lower EMI but higher total interest.

Yes, floating rate home loans have zero prepayment charges as per RBI guidelines.

Calculate home loan EMI for your dream house. Compare monthly installments across different loan amounts and tenures up to 30 years.

Loan Amount (₹)

Interest Rate (%)

Tenure (Years)

Monthly EMI

\u20b92,69,009

Total Interest

\u20b93,80,184

Total Payment

\u20b953,80,184

What is the current home loan interest rate?: Home loan rates in India range from 8.25% to 11% p.a. SBI and HDFC offer some of the lowest rates.
How long can I take a home loan for?: Home loans are available for up to 30 years. Longer tenure means lower EMI but higher total interest.
Can I prepay my home loan?: Yes, floating rate home loans have zero prepayment charges as per RBI guidelines.