TheWordOfTools
Back to Calculators
ToolsCalculatorsLoan EMI Calculator

Loan EMI Calculator

Calculate monthly interest payments and amortization values.

Loan Parameters
Adjust sliders or type custom numbers directly into the fields.
₹
₹1 Lakh₹2.5 Cr₹5 Cr
%
1%10%20%
Yr
1 Year15 Years30 Years
EMI & Payment Summary
Monthly installment and lifetime cost breakdown

Monthly EMI

₹4,339

Principal Loan

₹5,00,000

Total Interest

₹5,41,388

Total Payment (Principal + Interest)

₹10,41,388

Year-by-Year & Monthly Loan Repayment Schedule
Click any year row to expand its detailed 12-month payment report.
20 Years Loan Duration
YearPrincipal Paid (₹)Interest Paid (₹)Total Payment (₹)Balance Remaining (₹)Loan Repaid
Year 1(12 Months)₹9,951₹42,118₹52,069₹4,90,049
2%
Year 2(12 Months)₹10,831₹41,239₹52,069₹4,79,218
4%
Year 3(12 Months)₹11,788₹40,281₹52,069₹4,67,430
7%
Year 4(12 Months)₹12,830₹39,239₹52,069₹4,54,600
9%
Year 5(12 Months)₹13,964₹38,105₹52,069₹4,40,636
12%
Year 6(12 Months)₹15,198₹36,871₹52,069₹4,25,438
15%
Year 7(12 Months)₹16,542₹35,528₹52,069₹4,08,896
18%
Year 8(12 Months)₹18,004₹34,065₹52,069₹3,90,892
22%
Year 9(12 Months)₹19,595₹32,474₹52,069₹3,71,296
26%
Year 10(12 Months)₹21,327₹30,742₹52,069₹3,49,969
30%
Year 11(12 Months)₹23,213₹28,857₹52,069₹3,26,757
35%
Year 12(12 Months)₹25,264₹26,805₹52,069₹3,01,492
40%
Year 13(12 Months)₹27,497₹24,572₹52,069₹2,73,995
45%
Year 14(12 Months)₹29,928₹22,141₹52,069₹2,44,067
51%
Year 15(12 Months)₹32,573₹19,496₹52,069₹2,11,494
58%
Year 16(12 Months)₹35,452₹16,617₹52,069₹1,76,041
65%
Year 17(12 Months)₹38,586₹13,483₹52,069₹1,37,455
73%
Year 18(12 Months)₹41,997₹10,073₹52,069₹95,458
81%
Year 19(12 Months)₹45,709₹6,360₹52,069₹49,749
90%
Year 20(12 Months)₹49,749₹2,320₹52,069₹0
100%
✓Total (20 Yrs)₹5,00,000₹5,41,388₹10,41,388₹0100%

What is an EMI Calculator?

An EMI (Equated Monthly Instalment) calculator helps you determine the fixed monthly payment required to repay a loan over a specified period. It takes into account the principal loan amount, annual interest rate, and the loan tenure to calculate your exact monthly obligation.

The formula used is: EMI = P × r × (1+r)^n / ((1+r)^n - 1), where P is the principal, r is the monthly interest rate, and n is the number of months. Our calculator does this instantly and also shows you total interest paid over the loan lifetime.

How to Use an EMI Calculator

  • 1

    Enter Loan Amount

    Input the total amount you wish to borrow, e.g. ₹10,00,000 for a home loan or ₹5,00,000 for a personal loan.

  • 2

    Set Interest Rate

    Enter the annual interest rate offered by your bank. Home loans typically range from 8–12%, personal loans from 10–24%.

  • 3

    Choose Loan Tenure

    Select the repayment period in months or years. Longer tenure means smaller EMI but higher total interest paid.

  • 4

    Compare Options

    Use the calculator multiple times with different tenures or rates to find the EMI that fits your monthly budget.

Related Tools

More helpful utilities under the Utility Calculators category.

Aspect Ratio Calculator

Calculate image or screen dimensions and ratios.

BMI Calculator

Compute Body Mass Index and health status indicator.

Color Converter

Convert colors between HEX, RGB, HSL, and CMYK formats.

Compound Interest

Forecast investment returns over time with compound interest.

GST Calculator

Calculate inclusive and exclusive goods and services tax.

Line Height Calculator

Perfect vertical rhythm line-height helper.

Px to Rem Converter

Convert pixel layout values to responsive rem units.

Salary to Hourly

Convert annual salary to hourly, weekly, or monthly equivalent.

SIP Calculator

Calculate returns on systematic investment plans.

Word Counter

Count words, characters, sentences, paragraphs, and reading time.