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EMI Calculator

Calculate your monthly EMI for home loan, car loan, or personal loan with detailed amortization schedule.

🏠Loan Details

25,00,000
₹50K₹5Cr
8.5%
1%30%
20 years
130 years
Monthly EMI21,696

Total Interest

27.07 L

Total Amount

52.07 L

Interest to Principal Ratio

108.3%

Payment Breakdown

Amortization Chart

Key Features

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Instant EMI

Get your monthly EMI instantly for any loan amount and tenure.

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Amortization Schedule

See year-by-year breakdown of principal and interest payments.

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All Loan Types

Works for home loan, car loan, personal loan, education loan.

How to Use

1

Enter Loan Amount

Set your total loan amount using the slider.

2

Set Interest Rate

Enter the annual interest rate offered by bank.

3

Choose Tenure

Select loan duration in years or months.

4

View EMI & Schedule

See monthly EMI, total interest and amortization.

Formula Used

EMI = P × r × (1+r)^n / ((1+r)^n - 1)
P= Principal loan amount
r= Monthly interest rate (annual rate / 12 / 100)
n= Total number of monthly installments

Frequently Asked Questions

EMI (Equated Monthly Installment) is the fixed amount you pay every month to repay your loan. It includes both principal and interest components.