Calculate your loan EMI instantly with amortization schedule
| Month | EMI (₹) | Principal (₹) | Interest (₹) | Balance (₹) |
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EMI Calculator
Calculate your Equated Monthly Instalment (EMI) for home loans, car loans, or personal loans instantly with a full amortization breakdown.
Before taking any loan, the most important number to know is your EMI — Equated Monthly Instalment. The EMI is the fixed monthly amount you pay to the bank or lender until the loan is fully repaid. It consists of both principal repayment and interest, structured in a way that your monthly payment stays constant throughout the loan tenure even though the principal-to-interest ratio shifts over time. Our EMI Calculator uses the standard EMI formula used by all Indian banks and NBFCs to compute your exact monthly payment for any combination of loan amount, interest rate, and tenure. Beyond just showing your EMI, our tool gives you a complete amortization schedule — a month-by-month breakdown of how much of each payment goes toward interest versus principal. This transparency helps you understand the true cost of your loan and plan prepayments strategically. Whether you are taking a home loan, car loan, personal loan, or education loan, this tool helps you borrow smarter.
Enter the Loan Amount
Input the total amount you want to borrow (e.g., ₹10,00,000 for a home loan).
Enter the Interest Rate
Enter the annual interest rate quoted by the bank (e.g., 8.5 for 8.5% per annum).
Set the Loan Tenure
Enter the repayment period in months or years (e.g., 240 months or 20 years for a home loan).
Calculate Your EMI
See your Monthly EMI, Total Interest Payable, and Total Amount Payable instantly.
View Amortization Schedule
Scroll down to see a month-by-month table showing principal and interest breakdown for every payment.