EMI Calculator
Compute the monthly EMI on a home, car or personal loan with full interest breakdown.
Inputs
Results
Monthly EMI
₹8,997
Total interest
₹11,59,342
Total payment
₹21,59,342
How it's calculated
EMI = P × r × (1+r)n / ((1+r)n − 1)
Where P = principal, r = monthly interest rate (annual ÷ 12 ÷ 100), n = number of monthly instalments.
Loan payoff over time
How your outstanding balance falls and interest accrues each month.
Monthly amortization schedule
Download the full 240-row schedule.
Explain my result
Click to get a plain-English breakdown of your numbers with personalised tips.