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EMI Calculator

Calculate your Equated Monthly Installment for any loan with principal, rate, and tenure.

Enter Details

%

Results

Monthly EMI

₹20,758

Total Interest

₹2,45,501

Total Payment

₹12,45,501

Breakdown

Principal₹10,00,000
Interest₹2,45,501

Quick Tips

  • 1A higher down payment reduces your loan amount and overall interest burden significantly.
  • 2Even a 0.5% reduction in interest rate can save lakhs over a 20-year loan — always negotiate.
  • 3Prepaying even small amounts annually reduces both tenure and total interest.
  • 4Keep your total EMIs (all loans) under 40% of monthly income for healthy finances.
  • 5Shorter tenure means higher EMI but much lower total interest — find the right balance.

Frequently Asked Questions