EMI Calculator
Calculate the monthly installment (EMI) on a car, bike, personal, or home loan, with total interest payable and the full repayment schedule. Adjust the loan amount, rate, and tenure to compare options.
Full Amortization Table
| Month | EMI | Principal | Interest | Remaining Balance |
|---|
This is an estimate — the actual amount may differ due to bank processing fee, insurance and floating rate.
How to use
- Enter the loan amount in Rs.
- Enter the annual interest / markup rate (%) your bank is offering.
- Choose the tenure in months or years.
- Monthly EMI, total interest, total payable and the full schedule will show at once.
Good to know
- A longer tenure lowers the EMI but raises the total interest you pay.
- Compare interest rates from more than one bank before signing.
- Extra prepayments reduce the interest over the life of the loan.
- Borrow only an amount whose monthly EMI fits your budget comfortably.
Frequently Asked Questions (FAQ)
What does the EMI calculator do?
It calculates the monthly installment of a loan from the loan amount, interest rate and tenure, plus total interest, total payable and the full repayment schedule.
Which loans can I calculate EMI for?
Car, bike, personal and home loans.
Does the EMI include bank fees and charges?
No. It is an estimate — the actual amount may differ because of bank processing fees, insurance and floating rates. Compare rates from more than one bank before deciding.
What is in the amortization table?
A month-by-month schedule showing each EMI split into principal and interest, with the remaining balance — useful for seeing how much interest a longer tenure adds.