FREE FINANCIAL TOOL

EMI Calculator

Plan your loan with confidence. Calculate your monthly EMI, total interest, repayment schedule, and the impact of extra payments in seconds.

Instant results Full repayment schedule No sign-up required
Private by designYour figures stay in your browser
Live calculationResults update as you type
Export readyDownload your repayment plan
SET UP YOUR LOAN

Loan details

Adjust the values to match your offer.

₹
₹50,000₹1 Cr
% p.a.
0%25%
1 year30 years
Advanced optionsInclude fees and optional extra payments
MONTH-BY-MONTH

Amortization schedule

See how each payment reduces your balance.

240 payments
MonthEMIPrincipalInterestBalance
Enter your loan details to view the schedule.
Showing first 12 payments
1 / 20
YOUR ESTIMATED EMI
₹ 21,696
per month for 20 years
Principal amount₹25,00,000
Total interest₹27,07,000
Total repayment₹52,07,000
Processing fee₹5,000
Total cost including fee₹52,12,000
Estimate only. Your lender's offer and repayment terms may differ.
THE BIG PICTURE

Payment breakdown

How your repayment is split.

TOTAL REPAYMENT₹52.07L
Principal 48.0%₹25.00L
Interest 52.0%₹27.07L
Make your money work harder

Even a small extra payment can reduce your interest and loan tenure.

PAY OFF FASTER

What if you pay extra?

Try an extra monthly payment in Advanced options and compare your estimated interest savings.

Interest saved₹0
Time saved0 months
UNDERSTAND YOUR LOAN

How does an EMI calculator work?

EMI stands for Equated Monthly Instalment. It is the fixed monthly amount you pay toward a loan, covering principal and interest.

1. Enter loan details

Add the loan amount, annual interest rate, and repayment tenure offered by your lender.

2. Review your EMI

See your estimated monthly payment, total interest, and overall repayment instantly.

3. Compare scenarios

Change the tenure or add extra payments to understand how your costs may change.

THE EMI FORMULA

Transparent calculations

The calculator uses the standard reducing-balance EMI formula.

EMI = P × R × (1 + R)N(1 + R)N − 1
P = PrincipalR = Monthly interest rateN = Number of monthly payments
COMMON QUESTIONS

EMI calculator FAQs

Yes. You can calculate EMIs, compare repayment scenarios, view the amortization schedule, and export results without signing up.

No. Processing fees are shown separately and added to the estimated total cost. Lenders may collect them upfront or use different fee structures.

Usually, yes. A longer tenure spreads repayment over more months, but it often increases the total interest you pay.

Results are mathematical estimates using the inputs you provide. Actual payments may vary due to lender rounding, rate changes, payment dates, taxes, insurance, or other charges.

Yes. Use the CSV button to download the full monthly amortization schedule. You can open it in Excel or another spreadsheet application.