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EMI Calculator

Calculate monthly EMI for home, car, or personal loans with amortization schedule in ₹.

₹
₹1,00,000₹5,00,00,000
%
1%30%
1 year30 years

Monthly EMI

₹21,696

Total Interest

₹27,06,939

Total Payment

₹52,06,939

Principal

₹25,00,000

Principal vs Interest

₹21,696per month
Principal (48%)
Interest (52%)

Year-wise Breakdown

Y1
₹2,60,347
Y2
₹2,60,347
Y3
₹2,60,347
Y4
₹2,60,347
Y5
₹2,60,347
Y6
₹2,60,347
Y7
₹2,60,347
Y8
₹2,60,347
Y9
₹2,60,347
Y10
₹2,60,347
Y11
₹2,60,347
Y12
₹2,60,347
Y13
₹2,60,347
Y14
₹2,60,347
Y15
₹2,60,347
Y16
₹2,60,347
Y17
₹2,60,347
Y18
₹2,60,347
Y19
₹2,60,347
Y20
₹2,60,347
ℹ️
Disclaimer: This calculator is for informational and educational purposes only.
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Frequently Asked Questions

What is EMI?+
EMI stands for Equated Monthly Installment. It is the fixed amount you pay every month to repay a loan, covering both principal and interest.
How is EMI calculated?+
EMI is calculated using the formula: EMI = P x R x (1+R)^N / [(1+R)^N - 1], where P is the principal, R is the monthly interest rate, and N is the tenure in months.
Does this EMI calculator work for all loan types?+
Yes. It works for home loans, car loans, personal loans, and any other loan with a fixed interest rate and tenure.
Is the EMI calculator free and accurate?+
Yes, it is free and uses the standard reducing-balance EMI formula used by banks in India.