Tax Benefit Calculator

With this simple calculator you can estimate the tax you can save by taking a home loan.

Financial Year

For Both FY 2015-2016 & FY 2016-2017
Select Category*

Male/Female below 60 years Senior Citizen(Age between 60 to 80 years) Super Senior Citizen(Age greater than 80 years old)

Income Tax Payable
before home loan
Income Tax Payable
after home loan
Income Tax
Benefit

* Note: 1. A surcharge of 15% of the Income Tax, where taxable income is more than Rs. 1 crore will be payable subject to marginal relief.
2. Tax Credit u/s 87A - 10% of taxable income upto a maximum of Rs. 5000/- is not considered above.

Tax Benefit Calculator

With this simple calculator you can estimate the tax you can save by taking a home loan.

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