Home Loan EMI Calculator

Always wanted to take a Home Loan and buy your own dream house, but hesitate because you're worried about meeting financial commitments? With our Home Loan EMI Calculator, you can calculate the amount you will need to pay each month towards your Home Loan. With this knowledge, you can plan your finances better and also take a decisive step towards making your dream come true.

Our online home loan calculator enables you to quickly calculate your monthly instalments according to the loan amount, its tenure and the interest rate. So you will be able to come up with an amount and tenure that will work for you.

How the Home Loan Calculator Works

Follow this simple step-by-step guide to calculate your monthly home loan EMI instantly:

Step 1 - Enter your loan amount. Example: Rs. 25,00,000

Step 2 - Enter the interest rate at which you will take the loan. Example: 10%

Step 3 - Enter the tenure of the loan in months. Example: 120 months

Step 4 - Hit Calculate

Our Housing Loan EMI Calculator will instantly compute the figures and display the EMI amount for your loan.

If you feel the EMI amount is acceptable to you and you can easily repay it without affecting your other financial obligations, you can proceed to the 'Apply Now' option.

If you want to change the loan amount, the rate of interest or the tenure of the loan, begin the above process again and await the results.


The amount displayed is an Indicative Amount only and does not factor in the changes in interest rates during the loan tenure. Interest Rate applicable to the loan will depend on the interest rates prevalent at the time of Loan Booking.

It's important to note that the results generated by the calculator are indicative. The Calculator is not designed to provide users with results that are either bank certified or are an obligation. The results are not an assurance, nor a warranty or an undertaking of the commitment of the Bank, under any circumstances. The Calculator is only a free tool to assist the user in deriving various illustrative scenarios generated from data input by the user. The Bank will not take responsibility for any reason, for errors in any outcome because of the use of the calculator. The use of a calculator is entirely at the user's risk. Results obtained from the calculator cannot be used as a substitute for financial statements and certificates and professional advice.

Meaning of Amortisation and How it Works

Amortisation is the process of spreading out your Home Loan into a series of small but fixed payments over time. The small amount you pay every month is a combination of both the interest and the principal amount of your loan, so over time, you can easily pay off your home loan as per the amortisation schedule.

When you apply for a Home Loan, and it gets approved, banks provide you with an amortisation schedule that lists out the amount you will have to pay over time till you have repaid your loan in its entirety. In simple terms, an amortisation schedule is your road map towards efficient repayment of your Home loan.

How to Apply

Apply nowGet started with your Home Loan application.

Frequently Asked Questions

What is a Home Loan EMI?

Home Loan EMI means equated monthly instalments that you have to pay each month towards the repayment of your loan, till the end of the loan tenure.

What is Home Loan EMI Calculator?

A Home Loan EMI calculator is an online tool that allows you to calculate the monthly EMI you will have to pay against your Housing Loan. It's a quick, automated tool and available for everyone to use free of cost.

How does the Home Loan EMI Calculator work?

Our Home Loan EMI Calculator is an easy and automated tool that can be used by anyone. Input the loan amount, the duration for which you want to take the loan and the rate of interest for the said loan. Once you have submitted these three components, the EMI calculator will automatically calculate the EMI amount and display it on the screen.

Can I take a loan for home improvements or home extension?

Yes. We offer Home Improvement and Home Extension Loans too. If you want to upgrade your home and renovate it, a Home Improvement Loan is the best choice for you. If you're going to add more living space to your home, our Home Extension Loan is the one you should go for.

Why should I use the Home Loan Calculator?
  • It's easy to access & a free tool for everyone to use
  • You can save the time and effort that manual calculations would require
  • Our EMI calculator gives you instant and accurate results
  • Using our online Home Loan Calculator, you can plan your finances better
How to apply for a Home Loan?

You can apply for a Home Loan via our DBS Bank app or the ibanking website. Download our DBS Bank app on your smartphone, log in and go to the Loans section (or the 'Loans' section on our ibanking website), follow the process and apply for your Housing Loan.

What type of Home Loans are available?

The types of home loans available are - loan to purchase or construct a new home, for home renovation, home extension, top-up, and balance transfer.

How is the final loan amount decided?

Your income and repayment capacity determine the final amount. Other factors include age, qualification, number of dependants, your credit and savings history, assets & liabilities and the continuity of your occupation.

Are there any tax benefits on Home Loans?

Yes. Under Section 80C, 24B and 80EE of the Income Tax Act of 1961, you can deduct payments made on your Home Loan from your taxable income, subject to limits.

Can I have a friend as a co-applicant for my Home Loan?

No. Only members of your immediate family will be considered as eligible co-applicants for the Home Loan.

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