EMI Calculator

Plan your loan repayment by calculating your Equated Monthly Installment (EMI) and get a detailed breakdown.

Calculate Loan EMI

Loan Type

Home Loan

Car Loan

Personal Loan

Education Loan

Loan Amount

₹

₹1 Lakh₹1 Crore

Interest Rate (p.a)

5%20%

Loan Term

Years

1 Year30 Years

Loan Summary

Monthly EMI

₹0

Total Interest

₹0

Total Payment

₹0

Payment Distribution

Principal vs Interest

Principal₹10,00,000

Interest₹0

Total Payment₹0

About EMI (Equated Monthly Installment)

An Equated Monthly Installment (EMI) is a fixed payment amount made by a borrower to a lender at a specified date each calendar month. EMIs are used to pay off both interest and principal each month so that over a specified number of years, the loan is paid off in full.

EMI calculation is based on the principal loan amount, interest rate, and loan tenure. Paying a higher EMI or increasing the payment frequency can help reduce the overall interest burden and loan tenure.