Income Tax Benefit Calculator

A home loan helps you save massive amounts of tax every year. Calculate your exact savings under Section 80C and Section 24(b).

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Calculate tax savings under Section 80C and 24(b)

Loan Amount₹35.0 Lakhs

Rate (% p.a.)8.50%

Tenure20 Yrs

Your Tax Slab

Property Usage

Estimated Yearly Tax Saved

₹80,897

First year tax savings under Old Tax Regime.

Under Section 80C (Principal)

Eligible: ₹69,658

₹20,897

Under Section 24(b) (Interest)

Eligible: ₹2,00,000

₹60,000