Enter loan amount, interest rate, and tenure to see your monthly payment.
Rs 25,00,000
Rs 1,00,000Rs 5,00,00,000
8.5%
1%25%
20 years
1 years30 years
Monthly EMI₹21,696.00
Total Interest₹27,06,939.00
Total Payment₹52,06,939.00
Loan Amount₹25,00,000.00
Year-wise Amortization Schedule
Year
Principal Paid
Interest Paid
Balance
1
₹49,756.00
₹2,10,591.00
₹24,50,244.00
2
₹54,154.00
₹2,06,193.00
₹23,96,091.00
3
₹58,940.00
₹2,01,407.00
₹23,37,150.00
4
₹64,150.00
₹1,96,197.00
₹22,73,000.00
5
₹69,820.00
₹1,90,527.00
₹22,03,180.00
6
₹75,992.00
₹1,84,355.00
₹21,27,188.00
7
₹82,709.00
₹1,77,638.00
₹20,44,479.00
8
₹90,020.00
₹1,70,327.00
₹19,54,459.00
9
₹97,977.00
₹1,62,370.00
₹18,56,482.00
10
₹1,06,637.00
₹1,53,710.00
₹17,49,846.00
11
₹1,16,063.00
₹1,44,284.00
₹16,33,783.00
12
₹1,26,321.00
₹1,34,026.00
₹15,07,462.00
13
₹1,37,487.00
₹1,22,860.00
₹13,69,974.00
14
₹1,49,640.00
₹1,10,707.00
₹12,20,335.00
15
₹1,62,866.00
₹97,480.00
₹10,57,468.00
16
₹1,77,262.00
₹83,085.00
₹8,80,206.00
17
₹1,92,931.00
₹67,416.00
₹6,87,275.00
18
₹2,09,984.00
₹50,363.00
₹4,77,291.00
19
₹2,28,545.00
₹31,802.00
₹2,48,746.00
20
₹2,48,746.00
₹11,601.00
₹0.00
How EMI Calculator Works
This EMI calculator uses the standard reducing balance method to calculate your monthly installment. As you make payments, the principal component increases and interest component decreases, even though your total EMI stays the same.
The calculator works for any type of loan - home loan, car loan, personal loan, or education loan. Simply enter the loan amount, the annual interest rate offered by your bank, and the repayment period in years.
Tips to Reduce Your EMI
Choose a longer tenure to reduce monthly EMI (but you will pay more interest overall). Make a larger down payment to reduce the loan amount. Compare interest rates across multiple banks before choosing. Consider prepaying when you have extra funds to save on interest.