Home Loan EMI Calculator
ہوم لون EMI کیلکولیٹرWork out your exact monthly installment, total interest cost, and the real impact of processing fees before you sign a mortgage agreement.
کل سود
پراسیسنگ فیس
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| Year | Principal Paid | Interest Paid | Remaining Balance |
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Every home loan EMI in Pakistan — whether from a commercial bank, HBFC, or a subsidised scheme like Apni Chhat Apna Ghar — uses the same reducing-balance formula. The payment amount stays fixed every month, but underneath that fixed number, the mix between principal and interest shifts continuously.
In the early years of any mortgage, most of your EMI goes toward interest, not principal — because interest is calculated on the outstanding balance, and that balance is at its highest right at the start. As you pay down the loan year after year, the outstanding balance shrinks, so a growing share of each fixed EMI starts chipping away at the principal instead. This is exactly why the amortization table above looks lopsided in early years and balances out toward the end of the tenure — it isn't a calculation error, it's how reducing-balance loans are structured everywhere, not just in Pakistan.
ہر ماہانہ قسط ایک ہی فارمولے سے نکلتی ہے، لیکن اس کے اندر اصل رقم اور سود کا تناسب وقت کے ساتھ بدلتا رہتا ہے۔ شروع کے سالوں میں زیادہ تر قسط سود میں جاتی ہے، اور آخری سالوں میں زیادہ تر رقم اصل قرض کم کرنے میں استعمال ہوتی ہے۔Stretching a loan from 20 years to 25 years feels like it should make life easier — your EMI drops, so the loan feels more affordable month to month. But the trade-off is steep: those extra 5 years are mostly extra interest, not extra principal, because you're paying interest on a large outstanding balance for half a decade longer than necessary.
As a rule of thumb worth testing in the calculator above: at a typical Pakistani mortgage rate of 18-20%, extending a Rs. 5,000,000 loan from 15 to 25 years can lower your EMI by roughly 25-30%, but it often pushes total interest paid up by 60-80% or more over the life of the loan. If your income allows even a slightly higher EMI, a shorter tenure is usually the financially stronger choice — try both tenures in the calculator and compare the "Total Interest Paid" figure directly, not just the monthly number.
قرض کی مدت بڑھانے سے ماہانہ قسط کم ضرور ہوتی ہے، مگر مجموعی سود میں بہت زیادہ اضافہ ہو جاتا ہے۔ اگر آپ کی آمدنی تھوڑی زیادہ قسط برداشت کر سکتی ہے، تو مختصر مدت زیادہ تر صورتوں میں بہتر انتخاب ہے۔Yes, the underlying EMI math is identical regardless of who's lending — a bank, HBFC, or a government-subsidised housing scheme. The only thing that changes is the interest rate you plug in. If a scheme offers you a subsidised rate (for example, a markup rate lower than the prevailing commercial rate), simply enter that lower rate to see your actual subsidised EMI, and compare it directly against the standard market-rate scenario using the same loan amount and tenure.
This calculator assumes a fixed rate for the full tenure, which gives you a clean, comparable baseline. Most Pakistani mortgages are actually pegged to KIBOR plus a spread, meaning your real rate can move up or down periodically. To stress-test your affordability, run the calculator twice — once at your current offered rate, and once at that rate plus 2-3% — to see how much your EMI would rise if rates climb during your tenure.
Mortgage rates in Pakistan move with the State Bank's policy rate and vary by lender, so there's no single correct number to enter. The best approach is to get a written rate quote from your specific bank or housing finance company and enter that exact figure — this calculator is built so you can quickly test several real quotes side by side rather than relying on a generic average.
The reducing-balance EMI formula used here is the same one used for personal loans and business loans — only the typical rate, tenure, and fee structure differ by loan type. If you're weighing a home purchase against starting a business instead, our Personal Loan Calculator and Business Loan Calculator use the same engine, tuned with default values typical of each loan type.