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IDFC FIRST Bank ₹20 lakh Home Loan EMI for 20 Years
At the advertised starting rate of 7.75%, the EMI is about ₹16,419 a month, with total interest of about ₹19,40,553.
Source: IDFC FIRST Bank official page, checked on November 2026 (2026-11-01).
These figures use the bank's advertised starting rate. Most borrowers are offered a higher rate depending on credit score, income and loan size, so treat the result as a best case.
Prepayment options (optional): pay extra to finish sooner
EMI at higher rates
| Rate | EMI | Total interest | Total payment |
|---|---|---|---|
| 7.75% (starting) | ₹16,419 | ₹19,40,553 | ₹39,40,553 |
| 8.25% | ₹17,041 | ₹20,89,915 | ₹40,89,915 |
| 8.75% | ₹17,674 | ₹22,41,811 | ₹42,41,811 |
| 9.25% | ₹18,317 | ₹23,96,161 | ₹43,96,161 |
| 9.75% | ₹18,970 | ₹25,52,881 | ₹45,52,881 |
Year-by-year repayment schedule at 7.75%
How much of each year's payments goes to principal and to interest, and what you still owe at the end of the year. Use the calculator above for a month-by-month view and prepayment options.
| Year | Principal | Interest | Paid | Balance left |
|---|---|---|---|---|
| Year 1 | ₹43,553 | ₹1,53,475 | ₹1,97,028 | ₹19,56,447 |
| Year 2 | ₹47,051 | ₹1,49,977 | ₹1,97,028 | ₹19,09,396 |
| Year 3 | ₹50,830 | ₹1,46,198 | ₹1,97,028 | ₹18,58,566 |
| Year 4 | ₹54,912 | ₹1,42,116 | ₹1,97,028 | ₹18,03,654 |
| Year 5 | ₹59,322 | ₹1,37,705 | ₹1,97,028 | ₹17,44,332 |
| Year 6 | ₹64,087 | ₹1,32,941 | ₹1,97,028 | ₹16,80,245 |
| Year 7 | ₹69,234 | ₹1,27,794 | ₹1,97,028 | ₹16,11,011 |
| Year 8 | ₹74,794 | ₹1,22,234 | ₹1,97,028 | ₹15,36,218 |
| Year 9 | ₹80,801 | ₹1,16,227 | ₹1,97,028 | ₹14,55,417 |
| Year 10 | ₹87,290 | ₹1,09,737 | ₹1,97,028 | ₹13,68,126 |
| Year 11 | ₹94,301 | ₹1,02,727 | ₹1,97,028 | ₹12,73,826 |
| Year 12 | ₹1,01,874 | ₹95,153 | ₹1,97,028 | ₹11,71,951 |
| Year 13 | ₹1,10,056 | ₹86,971 | ₹1,97,028 | ₹10,61,895 |
| Year 14 | ₹1,18,895 | ₹78,133 | ₹1,97,028 | ₹9,43,000 |
| Year 15 | ₹1,28,444 | ₹68,584 | ₹1,97,028 | ₹8,14,556 |
| Year 16 | ₹1,38,760 | ₹58,268 | ₹1,97,028 | ₹6,75,796 |
| Year 17 | ₹1,49,904 | ₹47,124 | ₹1,97,028 | ₹5,25,892 |
| Year 18 | ₹1,61,943 | ₹35,085 | ₹1,97,028 | ₹3,63,949 |
| Year 19 | ₹1,74,949 | ₹22,078 | ₹1,97,028 | ₹1,89,000 |
| Year 20 | ₹1,89,000 | ₹8,028 | ₹1,97,028 | ₹0 |
Frequently asked questions
What is the EMI for a ₹20 lakh IDFC FIRST Bank home loan for 20 years?
At IDFC FIRST Bank's starting rate of 7.75% the EMI is about ₹16,419 a month. If your offered rate is 8.75% it would be about ₹17,674.
How much total interest will I pay?
At 7.75% the total interest over 20 years is about ₹19,40,553, so you repay about ₹39,40,553 in all.