EMI Calculator
Calculate your monthly EMI and understand the total cost of your loan.
* Starting figures are illustrative starting values only. They are not current, recommended or average market interest rates.
Duration: 20 Years (240 Months)
Financial Breakdown
Principal vs Interest distribution
Your repayment journey
See every EMI build your ownership
Your yearly EMI payments, split into principal and interest, across the loan tenure.
Monthly EMI
₹43,391
Total principal
₹50,00,000
Total interest
₹54,13,923
Each bar shows a year’s total EMI payments. The purple line tracks the balance at year-end, starting from a loan of ₹50,00,000. Partial years include only the payments due.
Loan at a Glance
Summary synchronized with current calculator inputs
Repayment Schedule
Yearly amortization schedule. Click any year to view monthly installment details.
| Year | Opening Balance | Principal Paid | Interest Paid | Total Payment | Closing Balance | |
|---|---|---|---|---|---|---|
| Year 1 | ₹50,00,000 | ₹99,510 | ₹4,21,182 | ₹5,20,692 | ₹49,00,490 | |
| Year 2 | ₹49,00,490 | ₹1,08,306 | ₹4,12,386 | ₹5,20,692 | ₹47,92,184 | |
| Year 3 | ₹47,92,184 | ₹1,17,879 | ₹4,02,813 | ₹5,20,692 | ₹46,74,305 | |
| Year 4 | ₹46,74,305 | ₹1,28,298 | ₹3,92,394 | ₹5,20,692 | ₹45,46,007 | |
| Year 5 | ₹45,46,007 | ₹1,39,638 | ₹3,81,054 | ₹5,20,692 | ₹44,06,369 | |
| Year 6 | ₹44,06,369 | ₹1,51,981 | ₹3,68,711 | ₹5,20,692 | ₹42,54,388 | |
| Year 7 | ₹42,54,388 | ₹1,65,414 | ₹3,55,278 | ₹5,20,692 | ₹40,88,974 | |
| Year 8 | ₹40,88,974 | ₹1,80,038 | ₹3,40,654 | ₹5,20,692 | ₹39,08,936 | |
| Year 9 | ₹39,08,936 | ₹1,95,950 | ₹3,24,742 | ₹5,20,692 | ₹37,12,986 | |
| Year 10 | ₹37,12,986 | ₹2,13,272 | ₹3,07,420 | ₹5,20,692 | ₹34,99,714 | |
| Year 11 | ₹34,99,714 | ₹2,32,121 | ₹2,88,571 | ₹5,20,692 | ₹32,67,593 | |
| Year 12 | ₹32,67,593 | ₹2,52,638 | ₹2,68,054 | ₹5,20,692 | ₹30,14,955 | |
| Year 13 | ₹30,14,955 | ₹2,74,969 | ₹2,45,723 | ₹5,20,692 | ₹27,39,986 | |
| Year 14 | ₹27,39,986 | ₹2,99,275 | ₹2,21,417 | ₹5,20,692 | ₹24,40,711 | |
| Year 15 | ₹24,40,711 | ₹3,25,729 | ₹1,94,963 | ₹5,20,692 | ₹21,14,982 | |
| Year 16 | ₹21,14,982 | ₹3,54,519 | ₹1,66,173 | ₹5,20,692 | ₹17,60,463 | |
| Year 17 | ₹17,60,463 | ₹3,85,855 | ₹1,34,837 | ₹5,20,692 | ₹13,74,608 | |
| Year 18 | ₹13,74,608 | ₹4,19,960 | ₹1,00,732 | ₹5,20,692 | ₹9,54,648 | |
| Year 19 | ₹9,54,648 | ₹4,57,082 | ₹63,610 | ₹5,20,692 | ₹4,97,566 | |
| Year 20 | ₹4,97,566 | ₹4,97,566 | ₹23,209 | ₹5,20,775 | ₹0 |
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Estimates Disclaimer
Calculations are estimates based on the information you provide. Actual lender calculations, rates, fees, repayment amounts and terms may differ.
How to calculate your loan EMI
Enter the loan amount, annual interest rate and repayment tenure to estimate your monthly instalment for a home, car or personal loan. Review total interest and the repayment schedule before comparing scenarios.
Calculation method
EMI = P × r × (1 + r)^n / ((1 + r)^n − 1), where P is the loan principal, r is the annual percentage rate divided by 1,200, and n is the number of monthly payments. At zero interest, EMI is P / n.
Example
For a ₹10,00,000 loan at 9% annually over 5 years, the monthly EMI is approximately ₹20,758 and total interest is approximately ₹2,45,501, before fees.
Assumptions and limitations
This estimate assumes a constant interest rate and regular monthly payments. Processing fees, insurance, taxes, lender rounding and future rate changes can change the actual cost.
These tools provide estimates for financial education and planning. They do not provide personalised financial advice.
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