HDFC Bank Home Loan EMI Calculator 2026 — Current Rates & Monthly Payment
HDFC Bank offers home loans starting at 8.7% p.a. (floating rate, May 2026). For a ₹50 Lakh home loan over 20 years, the monthly EMI is approximately ₹44,026 with a total interest outgo of ₹55.66 L. HDFC Bank offers maximum tenure up to 30 years. Use the calculator below to check EMI for your specific loan amount and tenure.
Last updated: 22 May 2026, 3:15 PM IST
Monthly EMI
₹44,026/month
at 8.7% for 20 years from HDFC Bank
HDFC Bank — Home Loan Details
Interest Rate
From 8.7% p.a. (floating)
Processing Fee
Up to 0.50% of loan amount or ₹3,000, whichever is higher
Prepayment / Foreclosure
No foreclosure charges on floating rate loans for individual borrowers. Fixed rate loans attract 2% on outstanding principal.
Eligibility
Salaried: min age 21, max 65 at maturity. Self-employed: ITR for last 3 years required. Min income ₹10,000/month.
Data Sources
- RBI — Key Policy Rates (2026) — www.rbi.org.in
- Bank Websites — Latest Interest Rates (May 2026) — www.rbi.org.in
- NHB — Home Loan Guidelines (2025) — nhb.org.in
Found an error?
Help us keep calculations accurate. Report any issues you find.
Important: This calculator provides estimates based on the inputs and assumptions you provide. Results are mathematical projections, not financial advice or recommendations. Actual outcomes will vary based on market conditions, policy changes, individual circumstances, and factors not captured by this tool. Verify all figures independently and consult qualified professionals before making financial decisions.
HDFC Bank Home Loan — Rates, Fees & Eligibility
A first-time home buyer in a metro city takes a ₹50 Lakh home loan from HDFC Bank at their current rate of 8.7% for 20 years. The monthly EMI is ₹44,026, and the total interest over the full tenure is ₹55.66 L. HDFC Bank charges a processing fee of Up to 0.50% of loan amount or ₹3,000, whichever is higher. On prepayment, no foreclosure charges on floating rate loans for individual borrowers. Fixed rate loans attract 2% on outstanding principal. For eligibility, salaried: min age 21, max 65 at maturity. Self-employed: ITR for last 3 years required. Min income ₹10,000/month. Comparing rates: if the borrower gets a 0.25% discount (to 8.45%), the EMI drops to ₹43,233, saving ₹1.90 L over the loan tenure. Always negotiate — banks offer rate concessions for high CIBIL scores (750+), women borrowers, and balance transfer cases.
NISM XIX-C certified · Partner, Tykhe Ventures (SEBI AIF Cat II) · Founder, RupayWise
Ganesh Kompella is NISM Series XIX-C certified — the certification for Alternative Investment Fund managers — and a Partner at Tykhe Ventures, a SEBI-registered Category II AIF (~$20 M AUM). He's a self-taught engineer who built RupayWise and its 230+-test calculation engine because India's finance tools were built to sell products, not to help you decide. RupayWise is an educational platform — not a SEBI-registered Investment Adviser.
Frequently Asked Questions
What is HDFC Bank home loan interest rate 2026?
HDFC Bank home loan interest rates start from 8.7% p.a. (floating rate) as of May 2026. Rates vary based on loan amount, CIBIL score, and employment type.
What is the processing fee for HDFC Bank home loan?
The processing fee is Up to 0.50% of loan amount or ₹3,000, whichever is higher. This is a one-time upfront charge deducted from the loan disbursement.
Can I prepay my HDFC Bank home loan?
No foreclosure charges on floating rate loans for individual borrowers. Fixed rate loans attract 2% on outstanding principal.
What is the eligibility for HDFC Bank home loan?
Salaried: min age 21, max 65 at maturity. Self-employed: ITR for last 3 years required. Min income ₹10,000/month.
What is the maximum home loan tenure at HDFC Bank?
HDFC Bank offers home loans with maximum tenure of 30 years. The optimal tenure depends on your age, income, and repayment capacity.
Compare Other Home Loan Options
Related Resources
Calculators
- Rent vs Buy — Should you buy a home or keep renting? City-specific NPV analysis for Mumbai, Bangalore, Delhi, Pune & Hyderabad.
- Stamp Duty — Calculate stamp duty, registration & total acquisition cost across Maharashtra, Karnataka, Delhi, TN & Telangana.
Comparisons
- Prepay vs SIP — Should you prepay your home loan or invest in SIP? NPV comparison of interest saved vs wealth created.
Disclaimer: This calculator provides estimates based on the interest rates and tenure shown. Actual EMI may vary based on the bank's lending terms, processing fees, and any floating-rate revisions. Bank rates are sourced from public data and may not reflect the latest changes — always confirm with your bank before applying. This is not financial advice. RupayWise is not a loan broker or financial advisor.