EMI Calculator

Calculate your loan's Equated Monthly Installment (EMI), total interest payable, and total loan payback amount instantly.

1. Loan Parameters

10K 50L 1Cr
1% 15% 30%
1 Yr 15 Yrs 30 Yrs

2. Payment Summary

Loan EMI (Monthly Payment) {{ getCurrencySymbol(emiCurrency) }}{{ formatCurrencySelected(emiMonthly, emiCurrency) }}
Principal Amount {{ getCurrencySymbol(emiCurrency) }}{{ formatCurrencySelected(emiAmount, emiCurrency) }}
Total Interest Payable {{ getCurrencySymbol(emiCurrency) }}{{ formatCurrencySelected(emiTotalInterest, emiCurrency) }}
Total Payment (Principal + Interest) {{ getCurrencySymbol(emiCurrency) }}{{ formatCurrencySelected(emiTotalPayment, emiCurrency) }}
Estimations are calculated locally using standard reducing balance interest EMI formulas.

3. Month-wise Repayment Schedule

Month Principal Paid Interest Paid Remaining Balance
Month {{ item.month }} {{ getCurrencySymbol(emiCurrency) }}{{ formatCurrencySelected(item.principalPaid, emiCurrency) }} {{ getCurrencySymbol(emiCurrency) }}{{ formatCurrencySelected(item.interestPaid, emiCurrency) }} {{ getCurrencySymbol(emiCurrency) }}{{ formatCurrencySelected(item.balance, emiCurrency) }}

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