EMI Calculator

Calculate your Equated Monthly Installment

Loan Details

Configure your loan parameters

Loan Amount

₹

₹10,00,000

Interest Rate (p.a)

8.5% p.a.

Loan Tenure (years)

20 years

EMI Summary

Your monthly payment breakdown

Monthly EMI

₹0

Per month

240 months

Total Interest

₹0

Interest paid

8.5% p.a.

Total Payment

₹0

Total amount

20 years

Principal vs Interest Trend

How principal and interest payments change over time

Principal

Interest

Payment Composition

Breakdown of total payment

EMI Benefits

Why EMI is a convenient option

💰Fixed monthly payments

📅Predictable repayment schedule

🏠Easy home ownership

📊Clear interest and principal breakdown

Loan Breakdown

Detailed loan parameters

💰Loan Amount:

₹10,00,000

📅Monthly EMI:

₹0

📈Interest Rate:

8.5% p.a.

⏰Loan Tenure:

20 years

How EMI Calculator Works

Understanding the mathematics behind EMI

EMI Formula:

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

P = Principal loan amount

r = Monthly interest rate

n = Total number of months

Key Features:

🎯Fixed monthly payments

⚖️Principal and interest breakdown

📈Interest rate impact analysis

🛡️Predictable repayment schedule

💪Flexible loan tenure options