EMI Calculator
Calculate your Equated Monthly Installment (EMI) for home loans, car loans, personal loans, and more
Monthly EMI
₹0
Total Interest
₹0
Total Payment
₹0
Payment Schedule
| Month | Payment | Principal | Interest | Balance |
|---|
About EMI Calculation
EMI (Equated Monthly Installment) is the fixed payment amount made by a borrower to a lender at a specified date each calendar month. EMIs are used to pay off both interest and principal each month so that over time, the loan is paid off in full.
Home Loans
Typically 15-30 year tenure with 6.5-9% interest rates
Car Loans
Usually 5-7 year tenure with 7-12% interest rates
Personal Loans
Generally 1-5 year tenure with 10-24% interest rates