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Loan Against Property EMI Calculator

Loan Amount

Interest rate




Loan Duration


1 Yr

30 Yrs



Principal Amount


Total Payable

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What is a Loan Against Property EMI Calculator?

Are you considering availing of a loan against your property? It may be a wise financial decision that allows you to tap into the value of your real estate while retaining ownership. However, it is essential in such situations to be aware of your monthly repayment obligations. The loan against property EMI calculator enables you to do just that in an error-free and quick manner.

The loan against property EMI calculator is a financial tool on the Angel One platform that is specifically designed for borrowers who are considering applying for a loan using their property as collateral. While it allows easy access to the secured loan, non-payment of dues may result in the borrower’s property being seized. This risk makes the calculator a treasured tool to assess costs and plan budgets according to personal finance requirements. It also aids in making informed decisions about your loan amount, interest rate, and tenure. By tweaking these variables within the EMI calculator, you can evaluate different scenarios and choose the option that best suits your financial situation.

Also, the loan against property EMI calculator provides transparency. It eliminates manual calculations or complex formulas, saving you time and effort. Additionally, it prevents surprises during the loan repayment period, as you know the exact amount you need to set aside every month.

How Does a Loan Against Property EMI Calculator Work?

The loan against property EMI calculator requires you to provide loan particulars like loan amount, interest rate and tenure. Once you input the necessary details, the calculator runs an algorithm to quickly compute and display your monthly EMI amount. Also, it generates detailed results, which illustrate the break-up of your total payable amount into principal and interest components for the loan tenure. This breakdown allows you to understand how much you are paying towards loan closure and the overall interest burden from availing the loan against the property.

What is the Loan Against Property EMI Calculator Formula?

The Loan Against Property EMI calculator formula is given below:

EMI = [P x R x (1+R)^N] / [(1+R)^(N-1)]
  • where,
  • P is the principal amount that you want to borrow
  • R is the interest rate
  • N is the tenure of the repayment

While one may manually compute the repayment amounts using pen and paper, using the online loan against property EMI calculator formula makes it simpler and saves time and effort in getting accurate results.

For example, let us assume that you are considering availing a loan of Rs. 25,00,000 against your property. Your lender is willing to offer you a loan at 9% interest and you hope to repay the loan and get back your property papers within 3 years.

The loan amount of Rs 25,00,000 will be your principal,
The 9% interest the bank offers will be the applicable interest rate, and
The 3 years become your loan tenure.

Using the loan against property EMI calculator, you can quickly compute the EMI you are liable to pay to close the loan within your expected timeline.

Your monthly outgo towards the loan in this situation will be Rs 79,499. The total interest burden you need to bear is Rs 3,61,976, and you will have to pay Rs 28,61,976 to close the loan and get back your property.

How to Use the Online Loan Against Property EMI Calculator?

With Angel One's user-friendly loan against property EMI calculator, managing your loan repayments becomes a breeze. Follow these simple steps to make the most of this convenient tool:

  1. Access Angel One's online loan against property EMI calculator.
  2. Input your loan amount.
  3. Then, enter the interest rate and the tenure (in years).
  4. The calculator will automatically compute the EMI, total interest, and total payable amount giving you a clear projection of your future wealth.
Benefits of Using a Loan Against Property EMI Calculator

Here's why you should use the online loan against property EMI calculator:

  1. Accurate and instant results: With just a few clicks, the loan against property EMI calculator on Angel One provides accurate and instant calculations. It eliminates the need for understanding complex formulae and carefully substituting values in the formula and maths, leaving scope for human error. You can quickly obtain a clear picture of the payments due by entering the relevant details, such as your loan amount, tenure, and interest rate, into the right boxes and instantly receive accurate results.
  2. Comprehensive financial understanding: The loan against property EMI calculator by Angel One is an educational tool that can offer insights into your monthly outgo. By seeing how different variables impact your EMI, you can make informed decisions about the financial obligations you hope to take on.
  3. Convenient and time-saving: Calculating EMIs manually can be time-consuming and prone to errors. However, with the loan against property EMI calculator, you can effortlessly compute your EMIs within seconds. It saves you valuable time and eliminates the need for complex mathematical calculations.
  4. Transparency and clarity: The online loan against property EMI calculator offers transparency by displaying the detailed breakup of your EMIs, total payable amount and interest. This level of clarity enables you to assess the viability of the EMIs and make adjustments if needed.
Factors Influencing the Loan Against Property EMI Amount
  1. Loan amount: The principal amount you borrow plays a significant role in determining your EMI. As the loan amount increases, so does the EMI amount. Therefore, it is crucial to evaluate your financial requirements and borrow only what you need to ensure affordable EMIs.
  2. Interest rate: The interest rate directly affects your EMI calculation. A higher interest rate leads to higher EMIs, while a lower rate results in lower EMIs. It is advisable to compare interest rates offered by different lenders to secure the most favourable terms for your loan.
  3. Loan tenure: The duration for which you take the loan significantly impacts your EMI amount. Opting for a longer tenure reduces the EMI burden but also means paying more interest over time. Conversely, a shorter tenure means higher EMIs but lower interest payments in the long run.
Types of Loan Against Property
  1. Loan Against Commercial Property: If you possess commercial real estate, such as an industrial unit or office space, you can utilise them as collateral for a secured loan. These loans can be utilised to expand your business, handle unexpected financial needs, support your children's education, and accomplish various other objectives. The present market value of your commercial property determines the loan amount for a loan against commercial property.
  2. Loan Against Residential Property: A loan against residential property is widely favoured as a property loan. It provides convenient means to acquire funds during emergencies and fulfil essential needs. Individuals can leverage their owned residential property to secure a loan for various purposes, including consolidating debts, funding home repairs or renovations, and managing significant expenses or obligations.
  3. Lease Rental Discounting: Lease Rental Discounting (LRD) involves using a leased property as collateral for a Loan Against Property. The fixed rentals received from the property are equivalent to EMIs, and the loan amount eligibility is calculated based on these rental earnings.


What is the loan against the property EMI calculator?

The loan against property EMI calculator is a tool that helps you estimate the EMI amount you need to pay for your loan that is secured against property. It considers the loan amount, interest rate, and loan tenure to calculate the monthly instalment you must pay.

How to use the loan against property EMI calculator?

You can access the loan against property EMI calculator via Angel One and enter the loan amount, tenure and interest rate. The calculator will display the estimated EMI amount, the total payable amount, and the total interest you are liable to pay.

Is the loan against property EMI calculator free to use?

Yes. The loan against property EMI calculator is available for free on the Angel One platform. You can use it multiple times without incurring any charge.

How is the total interest of a loan against property calculated?

The total interest on a loan against property is calculated by multiplying the loan amount by the interest rate and then multiplying it by the loan tenure in years. This gives the overall interest payable over the loan term.

Can I modify the EMI amount for the loan against the property?

Modifying the EMI amount for a loan against property typically requires contacting the bank. You can discuss your request and enquire about the possibility of adjusting the EMI amount based on your financial circumstances.

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