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EMI Calculator — home, car, personal loan monthly payment
Calculate your equated monthly installment instantly. Works for home loan, car loan, and personal loan. Full amortisation breakdown included.
Inputs
₹30.00 L
₹10,000₹20.00 Cr
8.5%
130
20 yrs
130
Result
Monthly EMI
₹26,035
Total interest
₹32.48 L
Total payment
₹62.48 L
Composition
Invested
Returns
Year-by-year growth
About the EMI Calculator
EMI (Equated Monthly Installment) is what you pay every month on a loan. It's a fixed amount combining interest and principal repayment, calculated upfront for the loan's full tenure.
This calculator works for any fixed-rate loan: home loan, car loan, personal loan, education loan, business loan. For floating-rate loans, assume the current rate stays constant for the projection.
The amortisation schedule below shows year-wise how much of each EMI goes to interest vs principal, and how your outstanding balance reduces over time.
EMI — Frequently asked questions
EMI = [P × r × (1+r)^n] / [(1+r)^n − 1], where P is loan amount, r is monthly interest rate, and n is number of months. Each EMI covers partly interest (more at first) and partly principal (more later).
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