EMI Calculator
FinancialCalculate the Equated Monthly Instalment for a home, car, or personal loan. See total interest, total payment, a principal-vs-interest breakdown, and a full amortization schedule.
That's 180 monthly instalments.
Monthly EMI
What is an EMI?
An Equated Monthly Instalment is the fixed amount you pay the lender each month — part interest, part principal — until the loan is fully repaid.
Early years are interest-heavy
At the start most of your EMI covers interest. As the balance falls, more of each instalment chips away at the principal — visible in the amortization schedule.
Tenure vs interest
A longer tenure lowers the monthly EMI but raises the total interest you pay. Shorten the tenure or prepay to save on interest.
This calculator provides estimates using a fixed interest rate for illustration only. Actual EMIs may vary with processing fees, insurance, floating rates, and lender rounding.