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