Finance
EMI Calculator
Calculate Your Loans with Enterprise Precision
Loan Parameters
Real-time CalcSmart Tip
Increasing your EMI by just 5% every year can help you close a 20-year home loan in just 12 years. Use the prepayment slider to see the impact.
Monthly EMI
₹ 0
Total Interest
₹ 0
Total Payable
₹ 0
Prepayment Impact
Tenure remains same
₹0 Interest Saved
Principal vs Interest Over Time
INTEREST
PRINCIPAL
Yearly Amortization Schedule
DETAILEDAbout the EMI Calculator
A free EMI calculator for a loan. Enter the amount, interest rate, and tenure to see the monthly instalment and the total interest.
How to use the EMI Calculator
- Enter the loan amount.
- Enter the annual interest rate and the tenure.
- Read the EMI, the interest, and the year-by-year schedule.
What to check
The EMI is an estimate from your inputs. A lender may add fees that change the amount you pay.
What does EMI mean?
EMI is the equated monthly instalment, the fixed amount you pay each month on a reducing-balance loan.
Is the EMI calculator only for home loans?
Use it for any loan where you know the amount, the annual rate, and the tenure.
Loan calculations are estimates based on your inputs. Actual rates, EMI, and schedules are subject to lender policies, processing fees, and insurance charges. Consult your financial advisor for final loan terms.