EMI Calculator

Calculate your Equated Monthly Installment (EMI) for any loan with an interactive amortization schedule.

₹10 Lakh
%
Yr
Monthly EMI₹12,940
Principal
₹10,00,000
₹10 Lakh
Total Interest
₹5,52,771
₹5.53 Lakh
Total Payable
₹15,52,771
₹15.53 Lakh

The True Cost of Debt

For a loan of 1,000,000, you will pay back a total of 1,552,771. That means your total interest is 55.3% of your principal.

Total Interest Paid

552,771

The Prepayment Magic

Making just 1 extra EMI per year can cut your loan tenure and save you money on interest.

Time Saved

1 Yr 1 Mo

Interest Saved

66,392

How to Use This Calculator

1

Enter Loan Details

Adjust the loan amount, interest rate, and tenure using the sliders.

2

Review Your EMI

The monthly EMI and total interest payable are calculated instantly.

3

Check Amortization

View the chart and table to see how your balance drops to zero over time.