HDFC Home Loan EMI Calculator
Calculate EMI for HDFC home loan at current HDFC Bank interest rates.
7.9% – 9.15% p.a.
0.5% (min ₹3,000)
Monthly EMI
₹41,511
Total Payment
₹99.63 L
Total Interest
₹49.63 L
Principal
50.19%
Interest
49.81%
Total EMIs
240
Loan closes
Apr 2046
Break-even
Year 20
Interest : Principal
49.81% : 50.19%
About HDFC Home Loan EMI Calculator
HDFC Bank (merged with HDFC Ltd in 2023) is India's largest private sector home loan lender. HDFC uses MCLR (Marginal Cost of Funds based Lending Rate) for home loans rather than repo-linked rate, which means rate changes may take longer to pass through compared to SBI.
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Frequently Asked Questions
What is the current HDFC home loan interest rate?▾
HDFC home loans start at 7.9% p.a. - currently one of the most competitive rates in India. Rates can go up to 9.15% based on profile.
How is HDFC's rate different from SBI?▾
HDFC uses MCLR for pricing while SBI uses repo-linked RLLR. RLLR adjusts faster with RBI rate changes. HDFC's floating rate changes quarterly based on MCLR resets.
What is the maximum home loan I can get from HDFC?▾
HDFC finances up to 90% of the property value for loans below ₹30L (75–80% for higher value properties). Maximum loan amount is based on your repayment capacity (EMI ≤ 50% of net income).
Does HDFC offer balance transfer from other banks?▾
Yes - HDFC offers home loan balance transfer (BT) from other banks, often with a lower interest rate. Processing fees apply, but interest savings over 10–20 years can far outweigh them.
What is HDFC home loan processing fee?▾
HDFC charges 0.5% of the loan amount (minimum ₹3,000) as processing fee. This is typically non-refundable even if the loan is not disbursed.