EMICalculator
Work out the monthly EMI and total interest for any home, car or personal loan.
Your details
Drag the sliders or type a number — results update instantly.
Use the rate offered by your lender. Floating rates can change over the tenure.
Your monthly EMI
₹0
Interest makes up 52% of everything you repay over 20 years.
- Loan amount
- ₹0
- Total interest
- ₹0
- Total amount payable
- ₹0
- Loan amount
- ₹50,00,000
- Interest
- ₹54,13,879
Year-wise repayment
PrincipalInterest
View year-by-year repayment table
| Year | Principal | Interest | Balance |
|---|---|---|---|
| 1 | ₹99.5 K | ₹4.21 L | ₹49.00 L |
| 2 | ₹1.08 L | ₹4.12 L | ₹47.92 L |
| 3 | ₹1.18 L | ₹4.03 L | ₹46.74 L |
| 4 | ₹1.28 L | ₹3.92 L | ₹45.46 L |
| 5 | ₹1.40 L | ₹3.81 L | ₹44.06 L |
| 6 | ₹1.52 L | ₹3.69 L | ₹42.54 L |
| 7 | ₹1.65 L | ₹3.55 L | ₹40.89 L |
| 8 | ₹1.80 L | ₹3.41 L | ₹39.09 L |
| 9 | ₹1.96 L | ₹3.25 L | ₹37.13 L |
| 10 | ₹2.13 L | ₹3.07 L | ₹35.00 L |
| 11 | ₹2.32 L | ₹2.89 L | ₹32.68 L |
| 12 | ₹2.53 L | ₹2.68 L | ₹30.15 L |
| 13 | ₹2.75 L | ₹2.46 L | ₹27.40 L |
| 14 | ₹2.99 L | ₹2.21 L | ₹24.41 L |
| 15 | ₹3.26 L | ₹1.95 L | ₹21.15 L |
| 16 | ₹3.55 L | ₹1.66 L | ₹17.60 L |
| 17 | ₹3.86 L | ₹1.35 L | ₹13.75 L |
| 18 | ₹4.20 L | ₹1.01 L | ₹9.55 L |
| 19 | ₹4.57 L | ₹63.6 K | ₹4.97 L |
| 20 | ₹4.97 L | ₹23.2 K | ₹0 |
Assumptions & method
- Reducing-balance method with interest calculated monthly.
- Constant 8.5% rate for the full tenure.
- Excludes processing fees, insurance and other charges.
Calculations are illustrative and should not be considered financial advice.
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About this calculator
The EMI calculator shows the equated monthly instalment for a loan, how much of what you repay is interest, and how the balance reduces year by year.
Use it to choose a comfortable loan amount and tenure before you apply, or to see how a lower rate after a balance transfer would change your EMI.
Calculations are illustrative and should not be considered financial advice. Actual results may be higher or lower and are not guaranteed. Loans are provided by partner banks and NBFCs and are subject to their credit assessment, terms and conditions. Interest rates, fees and eligibility vary by lender and borrower profile. We facilitate the process and do not lend directly.
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