With the RBI cutting the repo rate to 6.25%, home loan EMIs are set to decrease. If banks pass on the full 0.25% rate cut, borrowers can save approximately ₹3,816 annually on a ₹20-lakh loan, ₹5,712 on ₹30-lakh, and ₹9,540 on ₹50-lakh for a 20-year tenure, assuming the average median interest rate was 8.75% before the repo rate cut.