EMI calculator
Estimate a monthly EMI, total interest and a reducing-balance schedule. Figures are informational.
- Tenure up to 50 years
- Fees and taxes are not included
- Runs in the browser
This runs in your browser. What you type is not uploaded by this tool.
Monthly EMI
₹21,696
- Total interest
- ₹27,06,939
- Total payment
- ₹52,06,939
Informational only. Fees, taxes and the lender rate are not included.
| Year | Paid | Principal | Interest | Balance |
|---|---|---|---|---|
| 1 | ₹2,60,347 | ₹49,756 | ₹2,10,591 | ₹24,50,244 |
| 2 | ₹2,60,347 | ₹54,154 | ₹2,06,193 | ₹23,96,091 |
| 3 | ₹2,60,347 | ₹58,940 | ₹2,01,407 | ₹23,37,150 |
| 4 | ₹2,60,347 | ₹64,150 | ₹1,96,197 | ₹22,73,000 |
| 5 | ₹2,60,347 | ₹69,820 | ₹1,90,527 | ₹22,03,180 |
| 6 | ₹2,60,347 | ₹75,992 | ₹1,84,355 | ₹21,27,188 |
| 7 | ₹2,60,347 | ₹82,709 | ₹1,77,638 | ₹20,44,479 |
| 8 | ₹2,60,347 | ₹90,020 | ₹1,70,327 | ₹19,54,459 |
| 9 | ₹2,60,347 | ₹97,977 | ₹1,62,370 | ₹18,56,482 |
| 10 | ₹2,60,347 | ₹1,06,637 | ₹1,53,710 | ₹17,49,846 |
| 11 | ₹2,60,347 | ₹1,16,063 | ₹1,44,284 | ₹16,33,783 |
| 12 | ₹2,60,347 | ₹1,26,321 | ₹1,34,026 | ₹15,07,462 |
| 13 | ₹2,60,347 | ₹1,37,487 | ₹1,22,860 | ₹13,69,974 |
| 14 | ₹2,60,347 | ₹1,49,640 | ₹1,10,707 | ₹12,20,335 |
| 15 | ₹2,60,347 | ₹1,62,866 | ₹97,480 | ₹10,57,468 |
| 16 | ₹2,60,347 | ₹1,77,262 | ₹83,085 | ₹8,80,206 |
| 17 | ₹2,60,347 | ₹1,92,931 | ₹67,416 | ₹6,87,275 |
| 18 | ₹2,60,347 | ₹2,09,984 | ₹50,363 | ₹4,77,291 |
| 19 | ₹2,60,347 | ₹2,28,545 | ₹31,802 | ₹2,48,746 |
| 20 | ₹2,60,347 | ₹2,48,746 | ₹11,601 | ₹0.00 |
How to use it
Three steps
- 01
Enter the amount, annual rate and tenure.
- 02
Switch tenure between years and months.
- 03
Read the EMI and download the schedule as CSV.
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Questions
Which formula is used?
The standard reducing-balance EMI formula. A zero rate splits the amount evenly across the months.
Are processing fees included?
No. The result is principal and interest only. A lender's fees, insurance and taxes are separate.