EMI Calculator India — Home Loan, Car Loan, Personal Loan

EMI / Loan Calculator

Calculate monthly EMI, total interest paid, and see the full amortisation schedule for any loan.

How EMI is Calculated

EMI = P × r × (1+r)ⁿ / ((1+r)ⁿ – 1), where P = principal, r = monthly interest rate, n = tenure in months. The early EMIs are mostly interest; principal repayment accelerates over time. Use the prepayment section below to see how extra payments can save years of EMI.

Loan Details

Loan Type

Loan Amount (₹)

Annual Interest Rate (%)

8.5%

Loan Tenure

20 yrs

Monthly Prepayment (₹, optional)

Extra amount paid each month beyond EMI

Monthly EMI

₹—

Principal

—

Total Interest

—

Total Payment

—

Interest %

—

Disclaimer: EMI calculations are indicative. Actual EMI from your lender may differ due to processing fees, GST, prepayment clauses, and interest calculation methods. This calculator does not involve Mutual Fund investments. For MF-related calculations, note that Mutual Fund investments are subject to market risks. For Mutual Fund investments, note that investments are subject to market risks. ARN-309076.

Discuss with Eswari ← All Calculators

Eswari Guduru (ARN-309076) · Guduru Anantha Eswari Rajeswari · AMFI Registered Mutual Fund Distributor · Authorised Person — Kotak Securities Ltd (INZ000200137) · NSE AP AP0291573301 · Boduppal, Hyderabad 500092 · +91 79959 72796 · eswariguduru.com
All projections are for illustration only. Returns not guaranteed. Constant assumed rates — actual MF returns fluctuate. Not investment advice. Not a SEBI Registered Investment Adviser. Read all scheme documents before investing. Tax calculations, where applicable, use FY2026-27 slabs — consult a CA for personal advice.