Updated FY 2026-27 Client-side only

EMI Calculator — Home Loan, Car Loan, Personal Loan

Calculate monthly EMI, total interest, and amortization schedule for any loan.

Read the complete guide

Loan Amount (₹)

Annual Interest Rate (%)

Loan Tenure

months (20.0 years)

Monthly EMI

₹43,391

Principal Amount	₹50,00,000
Total Interest	₹54,13,840
Total Payment	₹1,04,13,840

Principal (48%)Interest (52%)

Year-wise Amortization Schedule (20 years)

Year	Principal	Interest	Balance
1	₹99,510	₹4,21,182	₹49,00,490
2	₹1,08,306	₹4,12,386	₹47,92,184
3	₹1,17,879	₹4,02,813	₹46,74,305
4	₹1,28,298	₹3,92,394	₹45,46,007
5	₹1,39,638	₹3,81,054	₹44,06,369
6	₹1,51,981	₹3,68,711	₹42,54,388
7	₹1,65,414	₹3,55,278	₹40,88,974
8	₹1,80,038	₹3,40,654	₹39,08,936
9	₹1,95,950	₹3,24,742	₹37,12,986
10	₹2,13,272	₹3,07,420	₹34,99,714
11	₹2,32,121	₹2,88,571	₹32,67,593
12	₹2,52,638	₹2,68,054	₹30,14,955
13	₹2,74,969	₹2,45,723	₹27,39,986
14	₹2,99,275	₹2,21,417	₹24,40,711
15	₹3,25,729	₹1,94,963	₹21,14,982
16	₹3,54,519	₹1,66,173	₹17,60,463
17	₹3,85,855	₹1,34,837	₹13,74,608
18	₹4,19,960	₹1,00,732	₹9,54,648
19	₹4,57,082	₹63,610	₹4,97,566
20	₹4,97,483	₹23,209	₹83

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How to Use EMI Calculator

Enter loan amount

The principal amount you want to borrow.
Enter interest rate

Annual interest rate offered by your bank.
Enter loan tenure

Duration in months or years.
View EMI breakdown

See monthly EMI, total interest, total payment, and amortization table.

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Frequently Asked Questions

What is the EMI formula?

EMI = [P x R x (1+R)^N] / [(1+R)^N - 1], where P = Principal loan amount, R = Monthly interest rate (annual rate / 12 / 100), N = Loan tenure in months.

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