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Estimate zero-interest monthly installments, finance share, and interest avoided compared with a normal home loan.
Tax year 2026 - Updated June 2026
Monthly installment
₹50,000
Interest-free loan amount ₹60,00,000 over 120 months.
Interest avoided estimate
₹29,26,970
Normal EMI comparison
₹74,391
Buyer contribution
₹15,00,000
20.00% of property value
Finance share
80.00%
Property value
₹75,00,000
Total interest-free payment
₹60,00,000
Normal total payment
₹89,26,970
Interest-free installments reduce only principal, so interest remains zero.
| Year | Principal | Interest | Payment | Balance |
|---|---|---|---|---|
| Year 1 | ₹6,00,000 | ₹0 | ₹6,00,000 | ₹54,00,000 |
| Year 2 | ₹6,00,000 | ₹0 | ₹6,00,000 | ₹48,00,000 |
| Year 3 | ₹6,00,000 | ₹0 | ₹6,00,000 | ₹42,00,000 |
| Year 4 | ₹6,00,000 | ₹0 | ₹6,00,000 | ₹36,00,000 |
| Year 5 | ₹6,00,000 | ₹0 | ₹6,00,000 | ₹30,00,000 |
| Year 6 | ₹6,00,000 | ₹0 | ₹6,00,000 | ₹24,00,000 |
| Year 7 | ₹6,00,000 | ₹0 | ₹6,00,000 | ₹18,00,000 |
| Year 8 | ₹6,00,000 | ₹0 | ₹6,00,000 | ₹12,00,000 |
| Year 9 | ₹6,00,000 | ₹0 | ₹6,00,000 | ₹6,00,000 |
| Year 10 | ₹6,00,000 | ₹0 | ₹6,00,000 | ₹0 |
Visualize principal-only installments and closing balance over time.
The chart uses the full schedule. The table below may show only the first and last rows for readability. CSV and PDF views include every month with installment, principal, interest, and balance.
First and last 12 months are shown to keep long schedules readable.
| Month | Period | Payment | Principal | Interest | Balance |
|---|---|---|---|---|---|
| 1 | Apr 2026 | ₹50,000 | ₹50,000 | ₹0 | ₹59,50,000 |
| 2 | May 2026 | ₹50,000 | ₹50,000 | ₹0 | ₹59,00,000 |
| 3 | Jun 2026 | ₹50,000 | ₹50,000 | ₹0 | ₹58,50,000 |
| 4 | Jul 2026 | ₹50,000 | ₹50,000 | ₹0 | ₹58,00,000 |
| 5 | Aug 2026 | ₹50,000 | ₹50,000 | ₹0 | ₹57,50,000 |
| 6 | Sept 2026 | ₹50,000 | ₹50,000 | ₹0 | ₹57,00,000 |
| 7 | Oct 2026 | ₹50,000 | ₹50,000 | ₹0 | ₹56,50,000 |
| 8 | Nov 2026 | ₹50,000 | ₹50,000 | ₹0 | ₹56,00,000 |
| 9 | Dec 2026 | ₹50,000 | ₹50,000 | ₹0 | ₹55,50,000 |
| 10 | Jan 2027 | ₹50,000 | ₹50,000 | ₹0 | ₹55,00,000 |
| 11 | Feb 2027 | ₹50,000 | ₹50,000 | ₹0 | ₹54,50,000 |
| 12 | Mar 2027 | ₹50,000 | ₹50,000 | ₹0 | ₹54,00,000 |
| 96 middle months hidden | |||||
| 109 | Apr 2035 | ₹50,000 | ₹50,000 | ₹0 | ₹5,50,000 |
| 110 | May 2035 | ₹50,000 | ₹50,000 | ₹0 | ₹5,00,000 |
| 111 | Jun 2035 | ₹50,000 | ₹50,000 | ₹0 | ₹4,50,000 |
| 112 | Jul 2035 | ₹50,000 | ₹50,000 | ₹0 | ₹4,00,000 |
| 113 | Aug 2035 | ₹50,000 | ₹50,000 | ₹0 | ₹3,50,000 |
| 114 | Sept 2035 | ₹50,000 | ₹50,000 | ₹0 | ₹3,00,000 |
| 115 | Oct 2035 | ₹50,000 | ₹50,000 | ₹0 | ₹2,50,000 |
| 116 | Nov 2035 | ₹50,000 | ₹50,000 | ₹0 | ₹2,00,000 |
| 117 | Dec 2035 | ₹50,000 | ₹50,000 | ₹0 | ₹1,50,000 |
| 118 | Jan 2036 | ₹50,000 | ₹50,000 | ₹0 | ₹1,00,000 |
| 119 | Feb 2036 | ₹50,000 | ₹50,000 | ₹0 | ₹50,000 |
| 120 | Mar 2036 | ₹50,000 | ₹50,000 | ₹0 | ₹0 |
Compare interest-free installments with regular home loan and EMI tools.
Compare against standard home loan EMI, LTV, and prepayment impact.
Calculate a normal-interest EMI and amortization schedule.
Estimate how much monthly installment your salary can support.
GuideUnderstand zero-interest installments and normal EMI comparison.
The information and calculations provided on this website are for general informational and educational purposes only. Results are estimates based on publicly available tax rules and assumptions and may not reflect your actual tax liability or take-home pay. This content does not constitute tax, legal, accounting, or financial advice. Tax laws and regulations change frequently and vary based on individual circumstances. Consult a qualified tax professional, accountant, or financial advisor before making any financial decisions.
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