Last reviewed: 4 September 2026. Worked numbers use the same engines as the linked calculators. Not advice.
A home loan pledges property and usually offers a lower rate and longer tenure. A personal loan is typically unsecured, so the rate is higher and the book is 1–7 years on this site’s defaults.
₹5 lakh at 12% for 4 years ≈ ₹13,167 EMI on the personal loan calculator. The same rupees as a home-loan top-up at housing rates would cost less interest if you actually qualify — eligibility is a different question (FOIR tool).
Do not fund a house down-payment with an unsecured EMI unless you have modelled both books together. Credit-card EMI is a third, usually worse, rate. See card interest.
Educational estimates only. Confirm with your bank, AMC or a registered advisor. Disclaimer · Methodology.