What is EMI?
EMI stands for Equated Monthly Instalment. It is the fixed monthly amount paid towards loan repayment.
finance tool
EMI Calculator
Calculate monthly EMI, total interest, repayment amount, and yearly loan summary for Indian loans.
Adjust the loan inputs and review the repayment picture.
Calculate the monthly EMI for your loan and understand the total interest outgo and repayment schedule with our EMI calculator.
Monthly EMI
₹21,695.58
This is the estimated fixed monthly repayment for the current loan amount, rate, and tenure.
- Loan amount
- ₹25,00,000.00
- Total interest
- ₹27,06,939.40
- Total repayment
- ₹52,06,939.40
- Tenure in months
- 240
Repayment mix
A quick visual of how much goes toward principal versus total interest outgo.
Repayment52.07 Lakh
Principal
48.0%Interest
52.0%Yearly loan pattern
Each bar compares how much of that year goes into principal repayment versus interest.
Principal paid
Interest paid
Year 1₹2,60,346.97
Year 2₹2,60,346.97
Year 3₹2,60,346.97
Year 4₹2,60,346.97
Year 5₹2,60,346.97
Year 6₹2,60,346.97
Year 7₹2,60,346.97
Year 8₹2,60,346.97
Year 9₹2,60,346.97
Year 10₹2,60,346.97
Year 11₹2,60,346.97
Year 12₹2,60,346.97
Year 13₹2,60,346.97
Year 14₹2,60,346.97
Year 15₹2,60,346.97
Year 16₹2,60,346.97
Year 17₹2,60,346.97
Year 18₹2,60,346.97
Year 19₹2,60,346.97
Year 20₹2,60,346.97
Yearly loan summary
| Year | Principal paid | Interest paid | Balance |
|---|---|---|---|
| Year 1 | ₹49,755.73 | ₹2,10,591.24 | ₹24,50,244.27 |
| Year 2 | ₹54,153.68 | ₹2,06,193.29 | ₹23,96,090.59 |
| Year 3 | ₹58,940.38 | ₹2,01,406.59 | ₹23,37,150.21 |
| Year 4 | ₹64,150.17 | ₹1,96,196.80 | ₹22,73,000.04 |
| Year 5 | ₹69,820.46 | ₹1,90,526.51 | ₹22,03,179.58 |
| Year 6 | ₹75,991.96 | ₹1,84,355.01 | ₹21,27,187.62 |
| Year 7 | ₹82,708.95 | ₹1,77,638.02 | ₹20,44,478.67 |
| Year 8 | ₹90,019.67 | ₹1,70,327.30 | ₹19,54,459.00 |
| Year 9 | ₹97,976.59 | ₹1,62,370.38 | ₹18,56,482.40 |
| Year 10 | ₹1,06,636.83 | ₹1,53,710.14 | ₹17,49,845.57 |
| Year 11 | ₹1,16,062.56 | ₹1,44,284.41 | ₹16,33,783.01 |
| Year 12 | ₹1,26,321.43 | ₹1,34,025.54 | ₹15,07,461.58 |
| Year 13 | ₹1,37,487.10 | ₹1,22,859.87 | ₹13,69,974.48 |
| Year 14 | ₹1,49,639.71 | ₹1,10,707.26 | ₹12,20,334.77 |
| Year 15 | ₹1,62,866.50 | ₹97,480.47 | ₹10,57,468.27 |
| Year 16 | ₹1,77,262.42 | ₹83,084.55 | ₹8,80,205.85 |
| Year 17 | ₹1,92,930.80 | ₹67,416.17 | ₹6,87,275.05 |
| Year 18 | ₹2,09,984.13 | ₹50,362.84 | ₹4,77,290.92 |
| Year 19 | ₹2,28,544.82 | ₹31,802.15 | ₹2,48,746.10 |
| Year 20 | ₹2,48,746.10 | ₹11,600.87 | ₹0.00 |
About This Tool
Use this EMI calculator to estimate loan affordability before you apply for a home loan, car loan, or personal loan.
The tool shows not only monthly EMI but also total interest outgo and a yearly repayment summary for cleaner decision-making.
How To Use
- 1. Enter loan amount, annual interest rate, and repayment tenure.
- 2. Choose whether the tenure is in months or years.
- 3. Review EMI, interest outgo, total repayment, and the yearly summary.
- 4. Share the calculation URL if you need to compare loan options with family or your accountant.
When This EMI Calculator Is Most Useful
- Comparing home-loan offers from different banks
- Checking whether a longer tenure reduces your monthly cash pressure
- Understanding how much total interest you will actually pay
Frequently Asked Questions
Does a longer tenure reduce EMI?
Yes, a longer tenure usually reduces EMI but increases total interest paid over the full loan period.
What should I check after calculating EMI?
Many users compare repayment affordability with long-term investing using our SIP Calculator.