Tax Benefit Calculator

Taking a home loan doesn’t just help you buy a house — it can also lower your income tax. Under Section 24(b), you can claim a deduction of up to ₹2,00,000 on the interest you pay each year, and under Section 80C, your principal repayment counts toward the ₹1,50,000 deduction limit (along with your other 80C investments).

Use the sliders below to enter your annual income, existing 80C investments, and your proposed loan amount, tenure, and interest rate. The calculator instantly shows how much tax you could save in the first year of your loan — no paperwork, no waiting.

This gives an indicative estimate under the old tax regime and isn’t a substitute for advice from a qualified tax professional. Talk to one of our experts to see how this fits your specific situation.