EMI Calculator for Home, Car, and Personal Loans

Loan Amount₹25,00,000

₹1,00,000₹5,00,00,000

Interest Rate9% p.a.

1% p.a.30% p.a.

Loan Tenure5 yrs

6 mo30 yrs

Monthly EMI₹51,896

Total Interest₹6,13,75324.6% of principal

Total Payment₹31,13,753

Principal

Interest

What this tool helps you estimate

This EMI calculator helps borrowers estimate monthly instalments, total interest, and the full repayment schedule for home loans, car loans, and personal loans. It is useful when comparing tenure options or checking affordability before applying.

How to use this calculator

Enter the loan amount you plan to borrow.
Adjust the annual interest rate and loan tenure to match the offer you are evaluating.
Check the monthly EMI, total payment, and total interest output to judge affordability.
Open the amortization schedule to see how principal and interest change month by month.

Disclaimer: This calculator provides estimates based on the information you enter. Actual values may vary. Tax laws and financial assumptions can change. Please consult a qualified professional before making financial decisions.

Frequently asked questions

Can this EMI calculator be used for home and personal loans?

Yes. The EMI formula is the same for home, car, and personal loans, so you can use this tool for different loan types by changing the amount, rate, and tenure.

What does the amortization schedule show?

The amortization schedule shows each monthly instalment along with how much goes toward principal, how much goes toward interest, and the remaining balance after every payment.