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EMI Calculator

Calculate your monthly loan EMI for home loans, car loans, or personal loans. See the total interest you will pay and get a full month-by-month breakdown.

Loan details

₹10,00,000
₹50K₹1 Cr
8.5%
1%24%
20 years
1 yr30 yrs

Your EMI breakdown

Monthly EMI

₹8,678

for 240 months

Principal amount

₹10,00,000

Total interest

₹10,82,776

Total amount payable

₹20,82,776

Principal vs Interest

Principal (48%)Interest (52%)
Calculated locally — no data shared

What is an EMI Calculator?

An EMI (Equated Monthly Instalment) Calculator helps you figure out exactly how much you pay every month for a loan. Enter your loan amount, interest rate, and tenure to get your exact monthly payment, total interest paid, and total amount payable.

EMI Formula

EMI = P x r x (1 + r)^n / ((1 + r)^n - 1)

Where P = loan amount, r = monthly interest rate, n = tenure in months

How to use

  1. Enter your loan amount
  2. Enter the annual interest rate from your loan agreement
  3. Enter the loan tenure in years
  4. See your EMI, total interest, and total payment instantly