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Financial Tool
EMI Calculator
Plan your loan repayments with precision. Know your monthly EMI, interest breakdown, and full yearly schedule — instantly.
Monthly EMI
₹0
Per month payment
Total Interest
₹0
Cost of borrowing
Total Payable
₹0
Principal + Interest
Loan Details
Loan Amount
₹10,00,000
₹
₹10K₹1Cr
Interest Rate (% p.a.)
8.5%
%
1%30%
Tenure & Presets
Loan Tenure
20 Years
yrs
1 Yr30 Yrs
Quick Presets
Payment Breakup
0%
Interest
Principal
₹0
Total Interest
₹0
Total Payable
₹0
EMI Formula
EMI = [P × R × (1+R)^N]
÷ [(1+R)^N – 1]
÷ [(1+R)^N – 1]
P
Principal loan amount
R
Monthly rate (Annual ÷ 12 ÷ 100)
N
Total monthly installments
What is EMI?
Equated Monthly Installment is a fixed monthly payment covering both principal and interest until the loan is fully repaid.
Principal vs Interest
Early EMIs are mostly interest. Over time, the principal share grows — this is how amortization works in your favour.
Reduce Burden
Part-prepayments drastically cut interest costs. Even one extra EMI a year can shorten your loan tenure significantly.