EMI Calculator
Monthly EMI, total interest and amortisation schedule.
Enter your details
How it is calculated
Worked example
₹10,00,000 at 9% for 10 years: r = 0.0075, n = 120, EMI ≈ ₹12,668. Total payment ≈ ₹15,20,109, so interest ≈ ₹5,20,109.
About the EMI Calculator
Monthly EMI, total interest and amortisation schedule. This free loan & emi tool runs entirely in your browser: nothing you type is sent to a server, and you can save, print or download the result.
What you need to enter
You will be asked for loan amount, interest rate (% per year), loan tenure (years), chart. Optional switches: show month-wise schedule as well. Fields marked * are required. Every field shows a hint and the allowed range.
How to use it
- Fill in the inputs (sample values are pre-filled so you can see how it works).
- Press Calculate to see the result, breakdown and chart.
- Use Print, Download PDF or Share to keep the result, or come back to it from your saved history.
Who it helps
Salaried individuals, business owners, investors and professionals who want a quick, transparent estimate before they file, invest or plan. If your case has special facts, our team can review it - ask for a consultation.
Results are estimates based on the rules and rates described under "How it is calculated". Laws change and individual facts differ, so confirm with official sources or a qualified professional before acting. This is not tax, legal or investment advice.
Frequently asked questions
Is the EMI the same every month?
On a fixed-rate loan, yes. The split changes: early EMIs are mostly interest, later EMIs mostly principal. On a floating-rate loan the lender may change the EMI or the tenure when the benchmark rate changes.
Why does a longer tenure cost more?
A lower EMI is paid over more months while a larger balance stays outstanding for longer, so total interest rises even though each instalment is smaller. Compare 10 and 15 years in this calculator to see the gap.
Will my bank's figure match exactly?
It may differ by a few rupees because lenders round EMIs, count days between instalments and may add fees or insurance. Treat this as an estimate.
Need help beyond the calculator?
Talk to our tax and compliance team for advice based on your documents.