Free Tool
EMI Calculator
Instantly estimate your monthly EMI for any loan. Adjust amount, rate, and tenure to plan your finances smartly.
Loan Amount
₹
1L25L50L75L1CR
Interest Rate
%
4%8%12%16%20%24%
Loan Tenure
Yrs
5Y10Y15Y20Y25Y30Y
Interest Amount
Principal Amount
Loan EMI
13,215
Loan EMI13,215
Principal Amount10,00,000
Interest Amount5,85,809
Total Payable Amount15,85,809
* This is an estimate. Actual EMI may vary based on lender terms.
How EMI is calculated
Understanding the formula behind your monthly payment
Lower rate = lower EMI
Even a 0.5% difference in interest rate can save thousands over the loan tenure.
Longer tenure = lower EMI
Spreading repayment over more months reduces each payment but increases total interest.
Prepayment saves interest
Paying extra when possible significantly reduces your total interest outgo.
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