Loan EMI Calculator
Calculate your monthly EMI for home loans, personal loans, and car loans
✓ Instant calculation ✓ Detailed breakdown ✓ Amortization schedule ✓ 100% free
Loan Details
EMI Breakdown
Monthly EMI
₹21,696
Payment Breakdown
Amortization Schedule
See how your loan payments are distributed over time
| Year | Month | EMI | Principal | Interest | Balance |
|---|---|---|---|---|---|
| 1 | 1 | ₹21,696 | ₹3,988 | ₹17,708 | ₹2,496,012 |
| 1 | 12 | ₹21,696 | ₹4,310 | ₹17,386 | ₹2,450,239 |
| 2 | 24 | ₹21,696 | ₹4,691 | ₹17,005 | ₹2,396,080 |
| 3 | 36 | ₹21,696 | ₹5,105 | ₹16,591 | ₹2,337,133 |
| 4 | 48 | ₹21,696 | ₹5,556 | ₹16,140 | ₹2,272,976 |
| 5 | 60 | ₹21,696 | ₹6,048 | ₹15,648 | ₹2,203,148 |
| 6 | 72 | ₹21,696 | ₹6,582 | ₹15,114 | ₹2,127,148 |
| 7 | 84 | ₹21,696 | ₹7,164 | ₹14,532 | ₹2,044,431 |
| 8 | 96 | ₹21,696 | ₹7,797 | ₹13,899 | ₹1,954,402 |
| 9 | 108 | ₹21,696 | ₹8,486 | ₹13,210 | ₹1,856,415 |
| 10 | 120 | ₹21,696 | ₹9,236 | ₹12,460 | ₹1,749,767 |
| 11 | 132 | ₹21,696 | ₹10,053 | ₹11,643 | ₹1,633,692 |
| 12 | 144 | ₹21,696 | ₹10,941 | ₹10,755 | ₹1,507,357 |
| 13 | 156 | ₹21,696 | ₹11,909 | ₹9,787 | ₹1,369,856 |
| 14 | 168 | ₹21,696 | ₹12,961 | ₹8,735 | ₹1,220,200 |
| 15 | 180 | ₹21,696 | ₹14,107 | ₹7,589 | ₹1,057,317 |
| 16 | 192 | ₹21,696 | ₹15,354 | ₹6,342 | ₹880,036 |
| 17 | 204 | ₹21,696 | ₹16,711 | ₹4,985 | ₹687,084 |
| 18 | 216 | ₹21,696 | ₹18,188 | ₹3,508 | ₹477,078 |
| 19 | 228 | ₹21,696 | ₹19,796 | ₹1,900 | ₹248,509 |
| 20 | 240 | ₹21,696 | ₹21,545 | ₹151 | ₹0 |
Note: This shows key milestone months. Switch to "Monthly View" to see all 240 monthly payments. Each payment is ₹21,696.
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Apply for Home Loan →About Loan EMI Calculators
What is an EMI Calculator?
An EMI (Equated Monthly Installment) calculator is a financial tool that helps you calculate the monthly payment you need to make towards your loan. It takes into account the loan amount, interest rate, and tenure to give you an accurate EMI amount.
How to Use the Loan Calculator?
- Select the type of loan (Home, Personal, or Car)
- Enter the loan amount you wish to borrow
- Input the interest rate (annual percentage)
- Choose the loan tenure in months or years
- View your monthly EMI and total payment details instantly
Benefits of Using Our Calculator
- Instant and accurate EMI calculations
- Detailed amortization schedule
- Visual representation with charts
- Compare different loan scenarios
- Plan your finances better
- 100% free with no registration required
EMI Calculation Formula
The EMI is calculated using the formula:
EMI = [P x R x (1+R)^N] / [(1+R)^N-1]
Where P = Principal loan amount, R = Monthly interest rate, N = Loan tenure in months