About EMI Calculator
An EMI calculator estimates the fixed periodic payment for a reducing-balance loan using the principal, annual interest rate and tenure.
LOANS
EMI Calculator
Calculate monthly loan EMI, total interest and total repayment using loan amount, interest rate and tenure.
Monthly EMI
₹21,696
Principal
₹25,00,000
Total interest
₹27,06,939
Total payment
₹52,06,939
Tenure
20 years
Breakdown
Principal₹25,00,000
Interest₹27,06,939
How to use this calculator
- Enter the loan amount.
- Enter the annual interest rate.
- Enter the loan tenure.
- Review monthly EMI, total interest and total repayment.
Calculation methodology
The EMI estimate uses the standard reducing-balance formula with a monthly interest rate and the selected number of monthly payments.
Important assumptions and limitations
Actual lender schedules can include fees, insurance, rate resets, rounding and other charges. Floating-rate loans can change EMI or tenure when rates change.
Frequently asked questions
How is EMI calculated?
For a standard reducing-balance loan, EMI is calculated using the principal, periodic interest rate and number of payments.
Does the EMI calculator include bank fees?
Not unless those charges are included in the inputs. Processing fees, insurance and other charges may be separate.
Disclaimer: Results are estimates for educational and informational purposes. They are not financial, tax, legal or investment advice. Rates, tax rules and product terms can change; verify current applicable rules before making financial decisions.