Sobha Amara EMI calculator

For the Sobha Amara 2 BHK at ₹1.61 Cr*, your EMI comes to about ₹1,03,760 a month. This assumes a 20-year loan at 7.5%. It also assumes a 20% down payment of about ₹32.2 lakh and a loan of ₹1.288 Cr. A 30-year tenure lowers the EMI to about ₹90,059, but you pay far more interest overall. Until possession in December 2029, you usually pay only pre-EMI interest on the amount released so far.

Use the tables below to estimate your EMI for any loan amount, rate and tenure. Then confirm the final figures with your bank once SOBHA shares the launch cost sheet.

*Indicative pricing, subject to change and developer confirmation.

These figures use a loan of ₹1.288 Cr at 7.5% interest.

A longer tenure eases your monthly budget, but nearly doubles the interest you pay. Many buyers choose 20 to 25 years and prepay when their income rises.

These figures use a 20-year tenure at three rates. Most banks price home loans in this range in October 2026, depending on your profile.

For the 3 BHK and 4 BHK homes, SOBHA shares prices on request. Pick the loan amount closest to your quote and read across.

Banks use one standard formula to work out a home loan EMI.

EMI = P × r × (1 + r)^n ÷ [(1 + r)^n − 1]

In this formula:

• P is your loan amount.
• r is the monthly interest rate, or the yearly rate divided by 12 and then by 100.
• n is the number of monthly payments, or years multiplied by 12.

For example, at 7.5% a year, r equals 0.00625. Over 20 years, n equals 240. Put these into the formula with your loan amount to get your EMI.

Sobha Amara is under construction, with possession expected in December 2029. On a construction-linked plan, your bank releases the loan in stages. Until the full loan goes out, you pay only interest on the amount released so far. This is called pre-EMI.

For example, if the bank has released ₹40 lakh at 7.5%, your monthly pre-EMI is about ₹25,000. This rises as the bank releases more money. Your full EMI starts once the bank disburses the whole loan.

Banks usually keep your total EMIs within 40% to 50% of your take-home pay. Here is a rough guide for the 2 BHK loan.

A co-applicant, such as a working spouse, can raise your eligibility. Existing loans, such as a car loan, will lower it.

• Make a larger down payment, so you borrow less.
• Add an earning co-applicant to qualify for a better rate.
• Keep your credit score above 750 before you apply.
• Compare offers from at least three lenders.
• Prepay part of the loan whenever you get a bonus.

Under the old tax regime, you can claim up to ₹1.5 lakh a year on principal under 80C. You can also claim up to ₹2 lakh a year on interest under 24(b) for your own home. Interest paid during construction counts too, spread over five years after possession. The new tax regime does not allow these deductions for a self-occupied home.

Most Indian home loans use a floating rate linked to the RBI repo rate. When the RBI raises the repo rate, your EMI or tenure goes up. When it cuts the rate, your cost comes down. The RBI has held the repo rate at 5.25% for its last four reviews. Its next decision comes on 7 October 2026. Many economists expect a small rise, so build some room into your budget for a higher EMI.

A fixed rate keeps your EMI steady, but banks usually price it higher than floating loans. Most fixed loans also switch to floating after a few years. For a long loan, a floating rate with regular prepayments usually costs less overall.

Banks lend only after a project gets its RERA number and passes their own approval. Sobha Amara's RERA registration is in progress, with the launch expected in November 2026. Get a loan eligibility check now, so you can move fast once lenders approve the project.