Tools · Loan
EMI Calculator
Know the true cost of a loan before you sign. Enter the amount, rate and tenure to see your EMI and total interest over the life of the loan.
Your numbers
The amount you want to borrow as a loan. This is the principal amount that you'll pay back with interest.
Interest rate per annum for your loan. Lower rates mean lower EMI and total interest paid.
Loan tenure in years. Longer tenure means lower EMI but higher total interest paid.
Show advanced options
Include extra EMI payments, prepayments, and EMI increases
Result
₹0
per month
- Principal
- ₹10,00,000
- Total interest
- ₹0
- Total payable
- ₹0
- Interest share
- 0%
Low EMI to loan ratio of 0%. This provides good monthly affordability.
A ₹1,00,000 prepayment can reduce your EMI by -₹7,810 per month
How EMI is calculated
EMI = [P × r × (1 + r)n] ÷ [(1 + r)n − 1]
P = principal (loan amount), r = monthly interest rate, n = tenure in months.
Frequently asked questions
Results are estimates for education and planning, not financial advice.
Free on Android
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