What a rate change does to your EMI
When the RBI moves the repo rate, home loans linked to an external benchmark reprice within about three months. Enter your loan to see what a change does to your monthly instalment, or how much longer you would pay if the EMI is held and the tenure stretched instead. The repo rate is now 5.50%, after a +25 basis point change on 7 October 2026.
Your loan
The change
100 basis points = 1 percentage point. A repo change usually passes fully to repo-linked loans.
Monthly EMI
Change per month
Extra interest over the loan
The same loan at other rate changes
Assumptions
- Standard reducing-balance EMI with monthly compounding. Fees, insurance, prepayments and the bank's reset date are ignored.
- If the bank holds the EMI and the new rate means the EMI no longer covers the monthly interest, the loan would never be repaid; banks then raise the EMI. The calculator flags this.
- Loans linked to the bank's MCLR reprice more slowly and only partly. Check your loan agreement for the benchmark and reset frequency.