All calculators
Financial Planning
EMI Calculator
Calculate your Equated Monthly Installment (EMI) for home loans, car loans, or personal loans.
Loan Details
₹1 Lakh₹10,00,000₹1 Crore
5%8.5% p.a.20%
1 Year20 Years30 Years
EMI Summary
Monthly EMI
₹8,678
Principal Amount₹10,00,000
Total Interest₹10,82,776
Total Amount Payable₹20,82,776
Payment Breakdown
48%
52%
Principal Interest
What is EMI?
Equated Monthly Installment (EMI) is a fixed payment amount made by a borrower to a lender on a specified date each calendar month. EMIs are used to pay off both interest and principal each month, so that over a specified period, the loan is fully paid off.
Factors Affecting EMI
💵
Loan Amount
Higher loan amount = Higher EMI
📊
Interest Rate
Higher rate = Higher EMI
⏰
Loan Tenure
Longer tenure = Lower EMI