Calculator
EMI Calculator
Plan a home, car, or personal loan with eyes-open clarity on the monthly outflow and total interest cost.
Loan Details
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₹1 L₹5 Cr
1 yr30 yrs
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1%20%
Your EMI Breakdown
Monthly EMI
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Principal Amount
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Total Interest
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Total Payable
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How This Is Calculated
Standard EMI formula: EMI = P × r × (1 + r)n / ((1 + r)n − 1), where P is principal, r is monthly interest rate (annual÷12÷100), and n is total months.
The hidden cost: A 20-year ₹50 lakh loan at 8.5% has a ₹43,391 EMI. Over 20 years, you pay ₹54.1 lakh in interest — more than the principal itself. Tenure compresses interest dramatically; even a 5-year reduction can save lakhs.
Borrow Smartly
Should You Prepay or Invest?
Use our EMI vs SIP calculator to compare loan prepayment with parallel SIP investing — the answer is rarely obvious.