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Enter your loan amount, annual interest rate, and loan tenure to instantly calculate your monthly EMI, total interest payable, and total repayment amount.
₹10,000 ₹5 Crore
%
1% 25%
1 Year 30 Years
Advanced Settings (Prepayment & Fees)
Your Monthly EMI
0 / month
Total Interest
0
Total Repayment Amount
0

Loan Breakdown

Principal
50%
Principal Amount
Interest Amount
Compare Loans Option (Side-by-Side Comparison)

Configure Loan 2 (Comparison)

Comparison Analysis

Metric Loan 1 Loan 2 Difference
Monthly EMI 0 0 ₹0
Total Interest 0 0 ₹0
Total Payment 0 0 ₹0

Payment Amortization Schedule

Month EMI Payment Principal Paid Interest Paid Remaining Balance
Disclaimer: EMI calculations are approximate and may vary depending on lender policies, processing fees, taxes, and repayment terms.

Why Use Our EMI Calculator?

Accurate EMI Calculation

Instantly computes installments using standard mathematical formulas.

Loan Comparison

Compare two different loans side-by-side to find the cheapest option.

Prepayment Impact

Understand how much interest and tenure you save by paying extra.

Interactive SVG Chart

Visual breakdown of principal vs interest component in your loan.

Frequently Asked Questions

What is EMI?

EMI (Equated Monthly Installment) is the fixed monthly payment made by a borrower to a lender towards repaying a loan on a specific calendar date.

How is EMI calculated?

EMI is calculated based on: Loan Amount (Principal), Rate of Interest, and Loan Tenure. The formula is: EMI = [P x R x (1+R)^N]/[(1+R)^N - 1].

Can I calculate home loan EMI?

Yes, this calculator is standard and fully supports Home Loans, Personal Loans, Car Loans, Education Loans, and Business Loans.

Is the EMI amount fixed?

Yes, for fixed-rate loans the EMI remains constant throughout the tenure. For floating-rate loans, it may change depending on interest rate fluctuations.

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