EMI Calculator

Estimate a loan’s monthly instalment, total interest, and full repayment from principal, rate, and tenure.

Adjust your plan

Enter an exact value or use a slider. Your result updates instantly.

Indian rupees
Interest calculation

Reducing balance charges interest on the outstanding principal; flat rate uses the original principal for the full tenure.

%

Your result

Local calculation
Per month, you have to pay₹21,695.58

Loan repayment split

Principal amount48%
Total interest and fees52%
Principal amount
₹25,00,000.00
Total interest and fees
₹27,06,939.40
Total repayment
₹52,06,939.40

Reducing balance: interest is calculated on the outstanding principal.

How this calculation works

Estimate a loan’s monthly instalment, total interest, and full repayment from principal, rate, and tenure. The result is calculated locally in your browser from the visible inputs, and the method below remains available for checking.

Reducing-balance EMI = P × r × (1 + r)ⁿ ÷ ((1 + r)ⁿ − 1). Flat-rate payment = (principal + principal × annual rate × tenure in years) ÷ number of payments.

Worked example

For ₹25 lakh at 8.5% for 20 years, the calculator estimates the monthly EMI and separates principal from total interest.

Assumptions and limits

  • The selected interest method is applied for the entire tenure.
  • Rate remains unchanged for the selected tenure.

Questions people ask

How does the EMI Calculator work?

It applies this displayed method: Reducing-balance EMI = P × r × (1 + r)ⁿ ÷ ((1 + r)ⁿ − 1). Flat-rate payment = (principal + principal × annual rate × tenure in years) ÷ number of payments. Values stay in your browser and are not submitted to a server.

What should I check before using the EMI result?

The selected interest method is applied for the entire tenure. Rate remains unchanged for the selected tenure. This is an estimate, not a lender quote. Rates, fees, rounding and repayment rules vary by agreement.

Does this EMI calculator save my information?

No. Calculation inputs are processed on this device. Sharing creates a URL only when you choose the share action.

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