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PMAY Subsidy Calculator

HOME LOAN PMAY CALCULATOR

The Pradhan Mantri Awas Yojana calculator linked below can be used to calculate approximate Equated Monthly Installments (EMIs), which you will have to pay for your home loan. Also, calculating your EMIs can help you plan your regular cash flow and take an informed decision.
|
50K
|
6L
|
12L
|
18L
|
50K
|
50L
|
1Cr
|
1.5Cr
|
2Cr
|
2.5Cr
|
3Cr
%
|
5%
|
10%
|
15%
|
20%
|
25%
|
3Y
|
6Y
|
10Y
|
15Y
|
20Y
|
25Y
|
30Y
  • You may save

    1,45,301

    on your Home Loan, under PMAY!

    Subsidy Category - MIG-II

  • Effective Interest Rate

    %

    Net Reduction in EMI




The subsidy once released will be directly credited to the borrower’s account and adjusted against the principal loan amount of the borrower. Hence the outstanding principal of loan will get reduced, resulting in a reduced Equated Monthly Instalment (EMI). This calculator helps you in calculating how much you can save on your home loan under Pradhan Mantri Awas Yojana (PMAY). This calculator is a general self-help planning tools. The results are dependent on many factors, including the assumptions you provide. Please note that the Pradhan Mantri Awas Yojana (PMAY) calculator has been created to give you an approximate understanding and should not be considered as absolute.
To know the list of documents that are required to apply for a home loan under the PMAY scheme, please click here.