EMI Calculator

Calculate your monthly loan EMI, total interest and total payment for home, car or personal loans. See a year-by-year amortization schedule and principal vs interest split.

₹

≈ ₹25 lakh

%
yrs

Monthly EMI

₹21,696

for 240 months

Total interest

₹27,06,939

≈ ₹27.07 lakh

Total payment

₹52,06,939

≈ ₹52.07 lakh

Principal · 48% Interest · 52%
Year-by-year amortization (20 years)
YearPrincipalInterestBalance
1₹49,756₹2,10,591₹24,50,244
2₹54,154₹2,06,193₹23,96,091
3₹58,940₹2,01,407₹23,37,150
4₹64,150₹1,96,197₹22,73,000
5₹69,820₹1,90,527₹22,03,180
6₹75,992₹1,84,355₹21,27,188
7₹82,709₹1,77,638₹20,44,479
8₹90,020₹1,70,327₹19,54,459
9₹97,977₹1,62,370₹18,56,482
10₹1,06,637₹1,53,710₹17,49,846
11₹1,16,063₹1,44,284₹16,33,783
12₹1,26,321₹1,34,026₹15,07,462
13₹1,37,487₹1,22,860₹13,69,974
14₹1,49,640₹1,10,707₹12,20,335
15₹1,62,866₹97,480₹10,57,468
16₹1,77,262₹83,085₹8,80,206
17₹1,92,931₹67,416₹6,87,275
18₹2,09,984₹50,363₹4,77,291
19₹2,28,545₹31,802₹2,48,746
20₹2,48,746₹11,601₹0

Frequently asked questions

How is EMI calculated?

EMI = P × r × (1 + r)^n ÷ ((1 + r)^n − 1), where P is the loan amount, r is the monthly interest rate (annual rate ÷ 12 ÷ 100) and n is the number of monthly instalments.

Does a longer tenure reduce my cost?

It lowers the monthly EMI but increases the total interest you pay. The calculator shows both so you can compare.

Does this include processing fees or insurance?

No — it covers principal and interest only. Lenders may add processing fees, GST on fees and optional insurance.

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