ICICI Bank Home Loan EMI Calculator - TyTil
ICICI Bank Home Loan EMI Calculator is a reliable and user-friendly tool
that helps home buyers
estimate
their monthly EMI with accuracy. By entering the loan amount, interest rate, and
tenure, users get instant results to plan their finances effectively. This free EMI calculator allows
borrowers to explore multiple repayment scenarios, making it easier to choose a loan plan that fits
their budget. Whether you're buying
your first home or investing in property, this tool supports smart, transparent, and
well-informed home loan decisions.
Key Features of the ICICI Bank Home Loan EMI Calculator
- User-Friendly Interface: Designed with simplicity in mind, the EMI
calculator is easy to use for both first-time homebuyers and experienced borrowers. Navigate
effortlessly and get instant results without any technical knowledge.
- Instant EMI Calculations: Get quick and accurate EMI estimates as
soon as you input the loan amount, interest rate, and tenure. This helps you save time and make
faster, informed home loan decisions.
- Customizable Loan Inputs: Easily adjust the ICICI Bank home loan
amount, interest rate, and repayment tenure to compare different loan scenarios. This feature helps
you choose the best loan structure as per your budget and repayment capacity.
- Detailed EMI Breakdown: It offers a detailed breakdown of principal
and interest components over the loan tenure, enhancing understanding of the repayment structure.
- Informed Decision-Making: The calculator provides a clear view of
the principal and interest components of your EMI throughout the loan tenure. Understand your
monthly outflow and how much you pay over the loan period.
How to Calculate Home Loan EMI Online in 2025
Calculating your ICICI Bank Home Loan EMI is now simpler than ever with the
TyTil .com EMI Calculator. In just a few clicks, you can
estimate your monthly
installments and plan your finances smartly.
To get started, enter the loan amount, interest rate, and loan tenure—the
calculator will instantly show you an accurate breakdown of your monthly EMI, total
interest payable, and overall loan cost.
This powerful tool is ideal for homebuyers who want to compare different loan plans,
evaluate affordability, and avoid surprises during the repayment process. Whether you're applying for a
new home loan in 2025 or considering a balance transfer,
TyTil .com EMI Calculator
is your go-to solution for stress-free loan planning.
Start using the free home loan EMI calculator at
TyTil .com today to
make better financial decisions and move one step closer to your dream home.
Home Loan EMI Calculation Formula
The EMI (Equated Monthly Installment) is calculated using the formula:
EMI = [P x R x (1+R)^N] / [(1+R)^N – 1]
Where:
- P = Principal loan amount
- R = Monthly interest rate = Annual interest rate ÷ 12 ÷ 100
- N = Loan tenure in months
Example:
For a ₹40 lakh loan at 8.75% interest for 20 years (240 months):
- P = 40,00,000
- R = 8.75 / 12 / 100 = 0.006875
- N = 240
Plugging into the formula gives the EMI ≈ ₹35348
Features of ICICI Bank Home Loans
- Loan Amount: Up to ₹5 crore.
- Tenure: Flexible repayment options up to 30 years.
- Processing Fee: 0.50% of the loan amount, plus applicable
taxes.
- Interest Rate Options: Choose between fixed and floating rates
Home Loan Amortization Schedule for ICICI Bank
Here's a Home Loan Amortization Schedule for ICICI Bank with a loan tenure
of 10
years (120 months). For this example, let's assume:
- Loan Amount: ₹20,00,000
- Interest Rate: 9.00% per annum
- Tenure: 10 years (120 months)
- Monthly EMI: ₹25,334 (approx.)
| Month |
Opening Balance |
EMI (₹) |
Principal (₹) |
Interest (₹) |
Closing Balance |
| 1 |
₹20,00,000 |
₹25,334 |
₹10,834 |
₹14,500 |
₹19,89,166 |
| 2 |
₹19,89,166 |
₹25,334 |
₹10,915 |
₹14,419 |
₹19,78,251 |
| 3 |
₹19,78,251 |
₹25,334 |
₹10,997 |
₹14,337 |
₹19,67,254 |
| 4 |
₹19,67,254 |
₹25,334 |
₹11,079 |
₹14,255 |
₹19,56,175 |
| 5 |
₹19,56,175 |
₹25,334 |
₹11,161 |
₹14,173 |
₹19,45,014 |
| 6 |
₹19,45,014 |
₹25,334 |
₹11,244 |
₹14,090 |
₹19,33,770 |
| 7 |
₹19,33,770 |
₹25,334 |
₹11,327 |
₹14,007 |
₹19,22,443 |
| 8 |
₹19,22,443 |
₹25,334 |
₹11,410 |
₹13,924 |
₹19,11,033 |
| 9 |
₹19,11,033 |
₹25,334 |
₹11,494 |
₹13,840 |
₹18,99,539 |
| 10 |
₹18,99,539 |
₹25,334 |
₹11,578 |
₹13,756 |
₹18,87,961 |
| 11 |
₹18,87,961 |
₹25,334 |
₹11,662 |
₹13,672 |
₹18,76,299 |
| 12 |
₹18,76,299 |
₹25,334 |
₹11,747 |
₹13,587 |
₹18,64,552 |