RBI Repo Rate Impact Calculator
See exactly how an RBI repo rate change affects your home loan EMI.
Your inputs
Takes the rate change in percentage points (bps ÷ 100) rather than a fixed rate, so this stays useful after every RBI MPC revision, not just today's.
Rate-change scenarios
Common repo-rate move sizes — see the EMI impact of each at your current outstanding balance and tenure.
| Repo change | New loan rate | New EMI |
|---|---|---|
| −0.50% | 8.00% | ₹28,670 |
| −0.25% | 8.25% | ₹29,104 |
| −0.10% | 8.40% | ₹29,367 |
| 0.00% | 8.50% | ₹29,542 |
| +0.10% | 8.60% | ₹29,718 |
| +0.25% | 8.75% | ₹29,983 |
| +0.50% | 9.00% | ₹30,428 |
Or: keep your EMI the same, let tenure change instead
Many lenders let you choose — instead of a new EMI, your existing EMI stays fixed and your remaining tenure adjusts.
Assumes the lender allows tenure to extend/shorten freely at the new rate with your current EMI — actual lender rules and maximum tenure limits vary.
Whether your rate actually changes — and when — depends on your loan's reset frequency and whether it's linked to an external benchmark like repo rate.
Home Loan CalculatorEstimates only. Figures are indicative and do not constitute financial advice.
About the RBI Repo Rate Impact Calculator
Every time the RBI's Monetary Policy Committee announces a repo rate change, home loan borrowers search "how will repo rate hike affect my EMI" within hours — because most floating-rate home loans in India are directly linked to the repo rate, and a change flows through to your EMI within one rate reset cycle. This calculator gives you the exact number instead of a vague news headline.
Unlike a generic EMI calculator, this one is built specifically around the change — enter your outstanding loan, your current interest rate, and the repo rate movement in percentage points (positive for a hike, negative for a cut), and it recalculates your EMI at the new rate, showing both the change in your monthly payment and the change in total interest over your remaining tenure. Since it works off the rate change rather than a fixed current repo rate, this stays useful for every future RBI announcement, not just the current one — run it again with the new change whenever the next MPC meeting happens (typically six times a year). This is especially useful right after a rate announcement to immediately understand your new EMI, or before one, to see how sensitive your EMI is to a possible 25 or 50 basis point move either direction.
How to use this calculator
- Enter your outstanding home loan amount.
- Enter your current interest rate.
- Enter the repo rate change (positive for hike, negative for cut).
- Enter your remaining tenure — see your new EMI and the change.
Frequently asked questions
›Does a repo rate change affect my EMI immediately?
Not instantly — most floating-rate home loans reset at your bank's specified interval (commonly every 3 months for repo-linked loans), so the change reflects in your EMI from your next reset date, not the day RBI announces it.
›What is the difference between repo rate and my home loan interest rate?
Repo rate is the rate at which RBI lends to banks; your home loan rate is repo rate plus a spread set by your bank (based on your credit profile and loan type), so your rate moves in the same direction as repo rate changes but isn't identical to it.
›Do all home loans get affected by repo rate changes?
Only floating-rate loans linked to an external benchmark like the repo rate (mandatory for most loans since October 2019) — older MCLR-linked or fixed-rate loans respond differently or not at all.
›Can my bank reduce my tenure instead of my EMI after a rate cut?
Yes, many banks keep your EMI unchanged after a rate change and instead adjust your remaining tenure — see the "keep EMI the same, tenure changes instead" section below the main result for that alternative view, alongside the recalculated-EMI figure.
›How much would a 25 or 50 basis point move change my EMI?
See the rate-change scenarios table below the calculator — it shows your new EMI at several common repo-rate move sizes (±0.10%, ±0.25%, ±0.50%) at once, so you don't need to re-run the calculator for each.
What affects rbi repo rate impact?
- Outstanding loan amount
- A larger outstanding balance makes the same rate change produce a bigger absolute EMI impact.
- Remaining tenure
- A longer remaining tenure spreads a rate change's impact over more months, moderating the EMI change but increasing the total interest impact.
- Rate reset frequency
- Most repo-linked loans reset every 3 months — the change doesn't reach your EMI until your next reset date, not the announcement date.
- EMI vs tenure adjustment
- Whether your lender adjusts your EMI or your remaining tenure after a rate change affects which number moves — check your specific loan's terms.
Related calculators
Read the full guide
What Is Repo Rate and How It Changes Your EMI