Home Loan Tax Benefit Calculator
Estimate the home-loan deductions that may be available under the old tax regime, while checking the narrow eligibility rules for additional interest deductions.
Examples include EPF, PPF, ELSS, tuition fees and life insurance.
Estimated annual benefit
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Estimated deduction breakdown
Section 24(b): interest—
Section 80C: principal—
Additional interest deduction—
Total modelled deduction—
Interest not used in this estimate—
Eligibility checks before claiming
Start here: the Home Loan Tax Benefits in India hub explains sections, limits, joint loans, second homes, under-construction property and old-vs-new regime choices.
Section 24(b)
For a qualifying self-occupied home under the old regime, this tool caps interest at ₹2 lakh. Let-out property and house-property loss rules can require a more detailed return calculation.
Section 80C
Principal shares the combined ₹1.5 lakh 80C ceiling with your other eligible investments and payments. Completion and property-transfer conditions apply.
Section 80EE
For eligible individuals, the additional interest limit is ₹50,000. Conditions include the sanction period, first-home status, loan amount and property value.
Section 80EEA
For eligible first-time buyers, the additional interest limit is ₹1.5 lakh for loans sanctioned from 1 April 2019 through 31 March 2022, subject to conditions including stamp value. It cannot be combined with 80EE.
Official references
- Income Tax Department: deductions and return guidance
- CBDT: AY 2026–27 ITR validation rules
- RBI: practical guidance for home-loan borrowers
Related tax guides
How to use this result
Use figures from your lender's annual interest certificate. This is a planning estimate, not tax advice; property status, completion dates, ownership share and set-off rules can change the amount usable in your return.