EMI Calculator

Plan your loan with monthly EMI, interest cost, and repayment schedule.

Loan Amount

Amount Range

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Interest Rate (% p.a.)

Rate Range

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Loan Tenure

Tenure Range

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Processing Fee (Optional)

Fee Range

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Your Monthly Loan EMI —

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Loan Amount —

Total Interest —

Processing Fee —

How EMI is calculated

EMI is the fixed amount you pay every month until the loan is fully repaid. Each EMI includes:

Principal — part of the loan amount you repay
Interest — charge applied by the lender on the outstanding balance

Monthly Interest Rate = Annual Rate ÷ 12 ÷ 100
EMI = [Loan × Monthly Rate × (1 + Monthly Rate)^Months] ÷ [(1 + Monthly Rate)^Months − 1]
Tip: If you enter tenure in years, months = Years × 12.

Your Amortization Details (Yearly/Monthly)

Year-wise summary with month-wise breakup. Click a year to expand or collapse details.

Year	Principal Paid (A)	Interest Paid (B)	Total Payment (A+B)	Outstanding Loan Balance