Free tools
Home Loan Tax Benefit
See how much income tax your home loan saves you each year under the old regime.
₹2,00,000
₹2,50,000
Your income-tax slab
Estimated tax saved this year
₹1,05,000
- 80C principal (capped)
- ₹1,50,000
- 24(b) interest (capped)
- ₹2,00,000
- Total deduction
- ₹3,50,000
Old tax regime only. Section 80C principal is capped at ₹1.5L, Section 24(b) self-occupied interest at ₹2L. The new regime does not allow these deductions. Add 4% cess for the exact figure. Verify with a CA.