ICICI Home Loan EMI Calculator

An ICICI home loan EMI calculator gives you an estimate of your repayment instalments. This estimate allows you to determine if the loan terms available suit your finances. Since a home loan is a major undertaking, optimising it is crucial.

When you optimise your borrowing based on your current finances, you can ensure that repayment goes smoothly all through. This is why calculating your EMIs beforehand is an essential step. 

Different lenders have different EMI calculators that you can use to arrive at a decision that prioritises your financial well-being. To know how to use the ICICI home loan EMI calculator and more, read on.

The ICICI Bank Home Loan calculator is easy to use and requires minimal effort. In fact, you only need to know the key loan terms and you can get started. To use the calculator, follow the steps outlined below:

• Step 1: Visit the EMI calculator webpage and enter your home loan amount 

• Step 2: Select the interest rate

• Step 3: Choose the preferred tenure for the Home Loan

   

Once you enter these values, the EMI amount will instantly be displayed on the screen. You can even change the variables as many times as you want to arrive at terms that are most comfortable to you. 

When you opt for an ICICI Bank Home Loan, you can avail maximum repayment tenure of up to 30 years. Naturally, as the tenure changes, so does your total outgo and EMI amount. To help you better understand the differences and the impact of altering the tenure, take a look at the following table.

Disclaimer: The above EMIs are calculated with the calculator available on Bajaj Markets. Actual figures may vary depending on the loan terms.