Loan EMI calculator
Find a monthly payment that fits your life.
Your monthly EMI
For illustration only. Read the assumptions below for the full picture.
Your repayment, year by year.
| At payment | Balance | Interest paid to date |
|---|---|---|
| 12 months | ₹49,00,489 | ₹4,21,182 |
| 24 months | ₹47,92,181 | ₹8,33,569 |
| 36 months | ₹46,74,300 | ₹12,36,382 |
| 48 months | ₹45,46,000 | ₹16,28,776 |
| 60 months | ₹44,06,359 | ₹20,09,829 |
| 72 months | ₹42,54,375 | ₹23,78,539 |
| 84 months | ₹40,88,957 | ₹27,33,815 |
| 96 months | ₹39,08,918 | ₹30,74,470 |
| 108 months | ₹37,12,965 | ₹33,99,210 |
| 120 months | ₹34,99,691 | ₹37,06,631 |
| 132 months | ₹32,67,566 | ₹39,95,199 |
| 144 months | ₹30,14,923 | ₹42,63,250 |
| 156 months | ₹27,39,949 | ₹45,08,970 |
| 168 months | ₹24,40,670 | ₹47,30,385 |
| 180 months | ₹21,14,937 | ₹49,25,346 |
| 192 months | ₹17,60,412 | ₹50,91,515 |
| 204 months | ₹13,74,550 | ₹52,26,347 |
| 216 months | ₹9,54,582 | ₹53,27,073 |
| 228 months | ₹4,97,492 | ₹53,90,677 |
| 240 months | ₹0 | ₹54,13,879 |
Understand your result.
Estimate a monthly reducing-balance EMI for a home, personal or other amortising loan. See the total principal, projected interest and outstanding balance as the loan is repaid.
An affordable EMI and a low total interest bill are separate considerations. Extending a loan can reduce the monthly amount while increasing the interest paid over time.
A worked example.
Using this calculator’s default inputs, your monthly emi is ₹43,391. This is an illustration of the stated formula, not a forecast.
See the example inputs
| Loan amount | ₹50,00,000 |
|---|---|
| Annual interest rate | 8.5 % |
| Time period | 20 years |
A common mistake to avoid
Comparing a flat quoted rate with a reducing-balance rate as if they were equivalent.
Questions you might have.
Will my lender charge exactly this EMI?
Lender rounding, disbursement dates, fees, insurance, floating-rate resets and repayment conventions may change the actual amount.
Where can I see every payment?
Use the Amortization Schedule calculator for monthly principal, interest and closing-balance rows.
Prepared by INDwise · Calculation checks: 29 October 2026 · How we check the maths · Report a correction
How we calculate it
EMI = P × r × (1+r)ⁿ ÷ ((1+r)ⁿ−1), where r is the monthly interest rate and n is the number of payments.
Assumptions & things to know
Monthly reducing-balance loan with a constant interest rate. Processing fees, insurance, floating-rate changes and tax benefits are excluded.
Your privacy & sharing
Your financial inputs are used only within this page. Saved calculators use this browser’s local storage. Sharing creates a link with the entered values, so anyone with that link can see those values. A downloaded summary stays on your device.