Loan Against Property EMI Calculator
Estimate EMIs for a loan against property (LAP) based on loan amount, tenure and rate.
EMI
₹52,211
Total interest
₹43,98,022
Total payment
₹93,98,022
Over the full tenure, you'll pay ₹43,98,022 in interest alone — that's 47% of your total repayment on a ₹50,00,000 loan against property.
Year-wise amortization schedule
| Year | Principal Paid | Interest Paid | Balance |
|---|---|---|---|
| 1 | ₹1,58,310 | ₹4,68,225 | ₹48,41,690 |
| 2 | ₹1,74,022 | ₹4,52,513 | ₹46,67,668 |
| 3 | ₹1,91,293 | ₹4,35,241 | ₹44,76,374 |
| 4 | ₹2,10,279 | ₹4,16,256 | ₹42,66,096 |
| 5 | ₹2,31,148 | ₹3,95,386 | ₹40,34,947 |
| 6 | ₹2,54,089 | ₹3,72,446 | ₹37,80,858 |
| 7 | ₹2,79,307 | ₹3,47,228 | ₹35,01,551 |
| 8 | ₹3,07,028 | ₹3,19,507 | ₹31,94,524 |
| 9 | ₹3,37,499 | ₹2,89,035 | ₹28,57,024 |
| 10 | ₹3,70,995 | ₹2,55,539 | ₹24,86,029 |
| 11 | ₹4,07,816 | ₹2,18,719 | ₹20,78,213 |
| 12 | ₹4,48,290 | ₹1,78,244 | ₹16,29,923 |
| 13 | ₹4,92,782 | ₹1,33,753 | ₹11,37,141 |
| 14 | ₹5,41,690 | ₹84,845 | ₹5,95,451 |
| 15 | ₹5,95,451 | ₹31,084 | ₹0 |
How this calculator works
A Loan Against Property (LAP) lets you unlock funds by mortgaging a residential or commercial property you already own, while continuing to use it. The EMI is calculated the same way as any reducing-balance loan.
Worked example: a ₹50,00,000 LAP at 9.5% over 15 years works out to an EMI of roughly ₹52,200 per month, with total interest of about ₹44 lakh. Because LAP tenures can run long, even a small difference in interest rate has an outsized effect on your total repayment — always compare the annual percentage rate across lenders, not just the headline EMI.