SBI Home Loan EMI Calculator
Preset to SBI's current home loan emi rate of 8.4%. Change any value to see your own numbers.
- Current rate 8.40%
- Range 8.40–8.95%
- Rank #2 of 7 banks
- Verified 16 July 2026
SBI Home Loan EMI Calculator
- Principal₹50,00,000
- Total interest₹53,38,056
- Total payment₹1,03,38,056
Where your money goes
- Principal ₹50,00,000
- Interest ₹53,38,056
Amortization schedule — year by year
| Year | Principal paid | Interest paid | Balance left |
|---|---|---|---|
| 1 | ₹1,00,722 | ₹4,16,181 | ₹48,99,278 |
| 2 | ₹1,09,516 | ₹4,07,387 | ₹47,89,762 |
| 3 | ₹1,19,078 | ₹3,97,825 | ₹46,70,684 |
| 4 | ₹1,29,475 | ₹3,87,428 | ₹45,41,210 |
| 5 | ₹1,40,779 | ₹3,76,124 | ₹44,00,431 |
| 6 | ₹1,53,071 | ₹3,63,832 | ₹42,47,360 |
| 7 | ₹1,66,435 | ₹3,50,467 | ₹40,80,925 |
| 8 | ₹1,80,967 | ₹3,35,936 | ₹38,99,958 |
| 9 | ₹1,96,767 | ₹3,20,135 | ₹37,03,191 |
| 10 | ₹2,13,947 | ₹3,02,956 | ₹34,89,244 |
| 11 | ₹2,32,627 | ₹2,84,276 | ₹32,56,617 |
| 12 | ₹2,52,938 | ₹2,63,965 | ₹30,03,679 |
| 13 | ₹2,75,022 | ₹2,41,881 | ₹27,28,657 |
| 14 | ₹2,99,034 | ₹2,17,868 | ₹24,29,623 |
| 15 | ₹3,25,143 | ₹1,91,759 | ₹21,04,479 |
| 16 | ₹3,53,532 | ₹1,63,371 | ₹17,50,948 |
| 17 | ₹3,84,399 | ₹1,32,504 | ₹13,66,549 |
| 18 | ₹4,17,961 | ₹98,942 | ₹9,48,588 |
| 19 | ₹4,54,453 | ₹62,449 | ₹4,94,135 |
| 20 | ₹4,94,135 | ₹22,771 | ₹0 |
SBI home loan interest rates 2026
| Tenure / slab | Rate |
|---|---|
| Up to ₹30 lakh (CIBIL 800+) | 8.40% |
| ₹30 lakh – ₹75 lakh | 8.45% |
| Above ₹75 lakh | 8.50% |
| Top-up loan | 8.95% |
This Home Loan calculator is preset to State Bank of India's current 8.4% rate (as of 16 July 2026), so the EMI you see the moment the page loads reflects a real SBI loan — change the amount or tenure to match yours.
SBI's home loan rates run from 8.40% to 8.95% depending on your profile and loan size. Below is SBI's full rate table, the fees and rules that actually apply, and how SBI compares with the 7 banks we track — the one thing no bank's own page will show you.
SBI home loan — key facts
- Processing fee is 0.35% of the loan amount, subject to a minimum of ₹2,000 and a maximum of ₹10,000 (plus applicable GST).
- Women borrowers get a 0.05% interest concession on the applicable card rate.
- No prepayment or foreclosure charges are levied on floating-rate home loans.
- The rate is linked to the External Benchmark Lending Rate (EBLR) and resets when the RBI repo rate changes.
How SBI compares
SBI's home loan rate is below the category median — competitive, but PNB is cheaper at 8.35%.
SBI home loan FAQs
What is SBI's home loan interest rate in 2026?
State Bank of India offers home loan rates from 8.4% to 8.95% (indicative headline 8.4%). The exact rate depends on your credit score, income and loan amount.
What are the fees on a SBI home loan?
The processing fee is 0.35% of loan amount (min ₹2,000, max ₹10,000) + GST. Processing fee is 0.35% of the loan amount, subject to a minimum of ₹2,000 and a maximum of ₹10,000 (plus applicable GST).
Can I prepay or foreclose my SBI home loan early?
No prepayment or foreclosure charges are levied on floating-rate home loans.
How is the EMI on a SBI home loan calculated?
The EMI uses the reducing-balance method — interest is charged only on the outstanding balance, so the interest share of each instalment falls over time. At 8.4% the calculator above shows your monthly EMI; change the amount and tenure to match your loan.