EMI Calculator

Home Loan EMI Calculator

Calculate your monthly EMI, view amortization schedule, and plan prepayments to save on interest.

Calculator

Adjust parameters

50.00L
₹1L₹2Cr
8.50%
6%15%
20 years
1 year30 years

Monthly EMI

0
Principal: ₹50.00L
Tenure: 20 years
Rate: 8.5%
Total Payment
0.00L
Principal + Interest over 20 years
Total Interest
0.00L
NaN% of total payment
Principal Amount
₹50.00L
Infinity% of total payment

Payment Breakdown

240
Months
Principal
50.00L
Infinity%
Interest
0.00L
NaN%

Amortization Schedule

Total Months
0
Total EMI
0.00L
Total Principal
0.00L
Total Interest
0.00L
MonthEMIPrincipalInterestBalance

How EMI is Calculated

EMI = [P x R x (1+R)^N] / [(1+R)^N-1] where P is loan amount, R is monthly interest rate, and N is tenure in months.

Pro Tip: Making prepayments can significantly reduce your interest burden and help you become debt-free faster. Even small additional payments make a big difference!