Personal FinanceIndividual

Loan EMI Calculator

Equated Monthly Instalment for any loan — home, car or personal — with total interest outflow.

Your inputs
50,00,000
Result
Monthly EMI
₹43,391
Total interest
₹54,13,879
Total payment
₹1,04,13,879
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Reviewed by CA team

Estimates only — rules change frequently. Please verify with a CA before you file, invest, or sign anything.

Assumptions
  • Reducing balance method, monthly compounding.
  • Assumes a fixed interest rate for the full tenure.
Principal vs interest
How this is calculated
Reviewed by CA team
EMI = P × r × (1 + r)^n / ((1 + r)^n − 1)
where
  P = principal
  r = annual rate ÷ 12 ÷ 100
  n = tenure in months
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