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Loan EMI Calculator

Calculate your EMI and full amortization schedule - or work backwards from an EMI you can afford.

Enter a loan amount, rate, and tenure to get your monthly EMI, total interest, and a complete month-by-month repayment schedule for home, car, personal, or business loans. Switch to By EMI mode to reverse-calculate how much you can borrow for a target monthly payment, then model one-time or recurring prepayments to see the interest and months you save. No ads, no sign-up - with a shareable link, CSV, and image export.

Monthly EMI

₹43,391

₹50 L over 240 months → ₹54.14 L total interest

Principal 48%Interest 52%

Loan type

₹

₹50 L

%
Tenure
yr

240 months

Flat-rate interest
Part-payments
Monthly extra payment
One extra EMI every year

Loan amount

₹50,00,000

Total interest

₹54,13,879

Total amount payable

₹1,04,13,879

EMI per ₹1 lakh

₹868

at 8.5% for 240 mo

Principal vs. interest

Payable₹1.04 Cr
Principal₹50 L · 48%
Interest₹54.14 L · 52%

Payment breakdown (by year)

Amortization schedule

MonthPrincipalInterestBalance
1₹7,974₹35,417₹49,92,026
2₹8,031₹35,360₹49,83,995
3₹8,088₹35,303₹49,75,907
4₹8,145₹35,246₹49,67,762
5₹8,203₹35,188₹49,59,559
6₹8,261₹35,130₹49,51,298
7₹8,319₹35,072₹49,42,978
8₹8,378₹35,013₹49,34,600
9₹8,438₹34,953₹49,26,162
10₹8,498₹34,894₹49,17,665
11₹8,558₹34,833₹49,09,107
12₹8,618₹34,773₹49,00,489
13₹8,679₹34,712₹48,91,809
14₹8,741₹34,650₹48,83,068
15₹8,803₹34,588₹48,74,266
16₹8,865₹34,526₹48,65,400
17₹8,928₹34,463₹48,56,473
18₹8,991₹34,400₹48,47,481
19₹9,055₹34,336₹48,38,427
20₹9,119₹34,272₹48,29,308
21₹9,184₹34,208₹48,20,124
22₹9,249₹34,143₹48,10,875
23₹9,314₹34,077₹48,01,561
24₹9,380₹34,011₹47,92,181
25₹9,447₹33,945₹47,82,735
26₹9,513₹33,878₹47,73,221
27₹9,581₹33,810₹47,63,640
28₹9,649₹33,742₹47,53,992
29₹9,717₹33,674₹47,44,275
30₹9,786₹33,605₹47,34,489
31₹9,855₹33,536₹47,24,633
32₹9,925₹33,466₹47,14,708
33₹9,995₹33,396₹47,04,713
34₹10,066₹33,325₹46,94,647
35₹10,137₹33,254₹46,84,510
36₹10,209₹33,182₹46,74,300
37₹10,282₹33,110₹46,64,019
38₹10,354₹33,037₹46,53,665
39₹10,428₹32,963₹46,43,237
40₹10,502₹32,890₹46,32,735
41₹10,576₹32,815₹46,22,159
42₹10,651₹32,740₹46,11,508
43₹10,726₹32,665₹46,00,782
44₹10,802₹32,589₹45,89,980
45₹10,879₹32,512₹45,79,101
46₹10,956₹32,435₹45,68,145
47₹11,033₹32,358₹45,57,112
48₹11,112₹32,280₹45,46,000
49₹11,190₹32,201₹45,34,810
50₹11,270₹32,122₹45,23,540
51₹11,349₹32,042₹45,12,191
52₹11,430₹31,961₹45,00,761
53₹11,511₹31,880₹44,89,250
54₹11,592₹31,799₹44,77,658
55₹11,674₹31,717₹44,65,983
56₹11,757₹31,634₹44,54,226
57₹11,840₹31,551₹44,42,386
58₹11,924₹31,467₹44,30,462
59₹12,009₹31,382₹44,18,453
60₹12,094₹31,297₹44,06,359
61₹12,179₹31,212₹43,94,180
62₹12,266₹31,125₹43,81,914
63₹12,353₹31,039₹43,69,561
64₹12,440₹30,951₹43,57,121
65₹12,528₹30,863₹43,44,593
66₹12,617₹30,774₹43,31,976
67₹12,706₹30,685₹43,19,270
68₹12,796₹30,595₹43,06,473
69₹12,887₹30,504₹42,93,586
70₹12,978₹30,413₹42,80,608
71₹13,070₹30,321₹42,67,538
72₹13,163₹30,228₹42,54,375
73₹13,256₹30,135₹42,41,119
74₹13,350₹30,041₹42,27,769
75₹13,444₹29,947₹42,14,325
76₹13,540₹29,851₹42,00,785
77₹13,636₹29,756₹41,87,150
78₹13,732₹29,659₹41,73,417
79₹13,829₹29,562₹41,59,588
80₹13,927₹29,464₹41,45,661
81₹14,026₹29,365₹41,31,634
82₹14,125₹29,266₹41,17,509
83₹14,225₹29,166₹41,03,284
84₹14,326₹29,065₹40,88,957
85₹14,428₹28,963₹40,74,530
86₹14,530₹28,861₹40,60,000
87₹14,633₹28,758₹40,45,367
88₹14,736₹28,655₹40,30,630
89₹14,841₹28,550₹40,15,790
90₹14,946₹28,445₹40,00,844
91₹15,052₹28,339₹39,85,792
92₹15,158₹28,233₹39,70,633
93₹15,266₹28,125₹39,55,367
94₹15,374₹28,017₹39,39,993
95₹15,483₹27,908₹39,24,511
96₹15,593₹27,799₹39,08,918
97₹15,703₹27,688₹38,93,215
98₹15,814₹27,577₹38,77,401
99₹15,926₹27,465₹38,61,475
100₹16,039₹27,352₹38,45,435
101₹16,153₹27,239₹38,29,283
102₹16,267₹27,124₹38,13,016
103₹16,382₹27,009₹37,96,633
104₹16,498₹26,893₹37,80,135
105₹16,615₹26,776₹37,63,520
106₹16,733₹26,658₹37,46,787
107₹16,851₹26,540₹37,29,936
108₹16,971₹26,420₹37,12,965
109₹17,091₹26,300₹36,95,874
110₹17,212₹26,179₹36,78,662
111₹17,334₹26,057₹36,61,328
112₹17,457₹25,934₹36,43,871
113₹17,580₹25,811₹36,26,291
114₹17,705₹25,686₹36,08,586
115₹17,830₹25,561₹35,90,755
116₹17,957₹25,435₹35,72,799
117₹18,084₹25,307₹35,54,715
118₹18,212₹25,179₹35,36,503
119₹18,341₹25,050₹35,18,162
120₹18,471₹24,920₹34,99,691
121₹18,602₹24,789₹34,81,089
122₹18,733₹24,658₹34,62,356
123₹18,866₹24,525₹34,43,490
124₹19,000₹24,391₹34,24,490
125₹19,134₹24,257₹34,05,356
126₹19,270₹24,121₹33,86,086
127₹19,406₹23,985₹33,66,679
128₹19,544₹23,847₹33,47,136
129₹19,682₹23,709₹33,27,453
130₹19,822₹23,569₹33,07,632
131₹19,962₹23,429₹32,87,670
132₹20,104₹23,288₹32,67,566
133₹20,246₹23,145₹32,47,320
134₹20,389₹23,002₹32,26,931
135₹20,534₹22,857₹32,06,397
136₹20,679₹22,712₹31,85,718
137₹20,826₹22,566₹31,64,892
138₹20,973₹22,418₹31,43,919
139₹21,122₹22,269₹31,22,797
140₹21,271₹22,120₹31,01,526
141₹21,422₹21,969₹30,80,104
142₹21,574₹21,817₹30,58,530
143₹21,727₹21,665₹30,36,804
144₹21,880₹21,511₹30,14,923
145₹22,035₹21,356₹29,92,888
146₹22,192₹21,200₹29,70,696
147₹22,349₹21,042₹29,48,347
148₹22,507₹20,884₹29,25,840
149₹22,666₹20,725₹29,03,174
150₹22,827₹20,564₹28,80,347
151₹22,989₹20,402₹28,57,358
152₹23,152₹20,240₹28,34,207
153₹23,316₹20,076₹28,10,891
154₹23,481₹19,910₹27,87,410
155₹23,647₹19,744₹27,63,763
156₹23,815₹19,577₹27,39,949
157₹23,983₹19,408₹27,15,966
158₹24,153₹19,238₹26,91,813
159₹24,324₹19,067₹26,67,489
160₹24,496₹18,895₹26,42,992
161₹24,670₹18,721₹26,18,322
162₹24,845₹18,546₹25,93,477
163₹25,021₹18,370₹25,68,457
164₹25,198₹18,193₹25,43,259
165₹25,376₹18,015₹25,17,882
166₹25,556₹17,835₹24,92,326
167₹25,737₹17,654₹24,66,589
168₹25,919₹17,472₹24,40,670
169₹26,103₹17,288₹24,14,566
170₹26,288₹17,103₹23,88,278
171₹26,474₹16,917₹23,61,804
172₹26,662₹16,729₹23,35,143
173₹26,851₹16,541₹23,08,292
174₹27,041₹16,350₹22,81,251
175₹27,232₹16,159₹22,54,019
176₹27,425₹15,966₹22,26,594
177₹27,619₹15,772₹21,98,974
178₹27,815₹15,576₹21,71,159
179₹28,012₹15,379₹21,43,147
180₹28,211₹15,181₹21,14,937
181₹28,410₹14,981₹20,86,526
182₹28,612₹14,780₹20,57,915
183₹28,814₹14,577₹20,29,100
184₹29,018₹14,373₹20,00,082
185₹29,224₹14,167₹19,70,858
186₹29,431₹13,960₹19,41,427
187₹29,639₹13,752₹19,11,788
188₹29,849₹13,542₹18,81,938
189₹30,061₹13,330₹18,51,878
190₹30,274₹13,117₹18,21,604
191₹30,488₹12,903₹17,91,116
192₹30,704₹12,687₹17,60,412
193₹30,922₹12,470₹17,29,490
194₹31,141₹12,251₹16,98,350
195₹31,361₹12,030₹16,66,988
196₹31,583₹11,808₹16,35,405
197₹31,807₹11,584₹16,03,598
198₹32,032₹11,359₹15,71,566
199₹32,259₹11,132₹15,39,306
200₹32,488₹10,903₹15,06,819
201₹32,718₹10,673₹14,74,101
202₹32,950₹10,442₹14,41,151
203₹33,183₹10,208₹14,07,968
204₹33,418₹9,973₹13,74,550
205₹33,655₹9,736₹13,40,895
206₹33,893₹9,498₹13,07,002
207₹34,133₹9,258₹12,72,869
208₹34,375₹9,016₹12,38,494
209₹34,618₹8,773₹12,03,875
210₹34,864₹8,527₹11,69,012
211₹35,111₹8,280₹11,33,901
212₹35,359₹8,032₹10,98,542
213₹35,610₹7,781₹10,62,932
214₹35,862₹7,529₹10,27,070
215₹36,116₹7,275₹9,90,954
216₹36,372₹7,019₹9,54,582
217₹36,630₹6,762₹9,17,952
218₹36,889₹6,502₹8,81,063
219₹37,150₹6,241₹8,43,913
220₹37,413₹5,978₹8,06,500
221₹37,678₹5,713₹7,68,821
222₹37,945₹5,446₹7,30,876
223₹38,214₹5,177₹6,92,662
224₹38,485₹4,906₹6,54,177
225₹38,757₹4,634₹6,15,419
226₹39,032₹4,359₹5,76,387
227₹39,308₹4,083₹5,37,079
228₹39,587₹3,804₹4,97,492
229₹39,867₹3,524₹4,57,625
230₹40,150₹3,242₹4,17,475
231₹40,434₹2,957₹3,77,041
232₹40,720₹2,671₹3,36,321
233₹41,009₹2,382₹2,95,312
234₹41,299₹2,092₹2,54,013
235₹41,592₹1,799₹2,12,421
236₹41,887₹1,505₹1,70,534
237₹42,183₹1,208₹1,28,351
238₹42,482₹909₹85,869
239₹42,783₹608₹43,086
240₹43,086₹305₹0

Monthly EMI

₹43,391

Estimates assume a fixed EMI with interest as selected (reducing-balance by default). Lender rates, processing fees, GST and prepayment/foreclosure charges vary - figures here are indicative and not a loan offer or financial advice. Always confirm exact terms with your lender.

EMI per ₹1 lakh borrowed

A quick ready-reckoner - multiply by your loan amount in lakhs. Reducing-balance method. Use the calculator above for your exact numbers.

Rate \ Tenure3 yr5 yr10 yr20 yr
8.5%₹3,157₹2,052₹1,240₹868
10%₹3,227₹2,125₹1,322₹965
12%₹3,321₹2,224₹1,435₹1,101

Example: a ₹50 lakh home loan at 8.5% for 20 years = ₹43,391 per month.

Reverse example - “By EMI”

If you can comfortably pay ₹25,000/month at 9% for 20 years, here is what that translates to:

Loan you can borrow

₹27.79 L

Total interest

₹32.21 L

Total payable

₹60 L

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Loan EMI calculator guide

How EMIs are calculated, the difference between reducing-balance and flat-rate interest, how to work backwards from an affordable EMI, and how prepayments cut your interest.

How is EMI calculated?

An Equated Monthly Instalment (EMI) is a fixed monthly payment that covers both interest and principal. On a reducing-balance loan it uses the formula EMI = P·r·(1+r)ⁿ / ((1+r)ⁿ − 1), where P is the principal, r the monthly interest rate (annual rate ÷ 12 ÷ 100), and n the number of months. Early EMIs are mostly interest; later ones are mostly principal - which is exactly why prepaying early saves so much.

Reducing balance vs. flat rate

With reducing balance (the default, and what home, car and personal loans use), interest is charged only on the outstanding balance, which falls every month. With a flat rate, interest is charged on the full original principal for the entire tenure - so a “10% flat” loan is far costlier than “10% reducing”. Toggle Flat-rate interest in Advanced options to compare.

Working backwards from an EMI (By EMI mode)

Most people know the EMI they can comfortably afford rather than the exact loan amount. Switch to the By EMI tab, enter your affordable monthly payment, rate and tenure, and the calculator reverse-solves the loan amount you can borrow - along with the total interest and total payable. From there you can still model prepayments on the derived loan.

How prepayments save interest

A prepayment (a one-time lump sum or a fixed monthly extra) goes straight to principal. Because interest accrues on the balance, reducing it early means every future month is charged less interest - keeping the EMI the same but shortening the tenure. The calculator shows the exact interest saved and months saved versus the base loan.

How to use this calculator

  1. Pick a loan type (Home / Car / Personal / Business) or enter your own amount, rate, and tenure.
  2. Use By amount to find the EMI, or By EMI to find how much you can borrow.
  3. Open Advanced options to add prepayments or switch to a flat-rate loan.
  4. Read the amortization schedule (monthly, yearly, or financial-year view) and export it as CSV.
  5. Copy the share link or save the image to revisit or send your scenario to someone.

Frequently Asked Questions

How EMI is calculated, reducing vs flat rate, the reverse (By EMI) mode, and how prepayments save interest.