Loan EMI Calculator

Calculate your Equated Monthly Installment for any loan with detailed amortization schedule, yearly summary, and principal vs interest breakdown.

28.7Kuses
9/10(415)
Monthly EMI
₹8,678
for 240 months
Total Principal
₹10,00,000
Total Interest
₹10,82,776
Total Payment
₹20,82,776

Payment Breakdown

48.0%
52.0%
PrincipalInterest

Yearly Summary

YearPrincipalInterestBalance
1₹19,902₹84,236₹9,80,098
2₹21,661₹82,477₹9,58,436
3₹23,576₹80,563₹9,34,860
4₹25,660₹78,479₹9,09,200
5₹27,928₹76,211₹8,81,272
6₹30,397₹73,742₹8,50,875
7₹33,084₹71,055₹8,17,791
8₹36,008₹68,131₹7,81,784
9₹39,191₹64,948₹7,42,593
10₹42,655₹61,484₹6,99,938
11₹46,425₹57,714₹6,53,513
12₹50,529₹53,610₹6,02,985
13₹54,995₹49,144₹5,47,990
14₹59,856₹44,283₹4,88,134
15₹65,147₹38,992₹4,22,987
16₹70,905₹33,234₹3,52,082
17₹77,172₹26,966₹2,74,910
18₹83,994₹20,145₹1,90,916
19₹91,418₹12,721₹99,498
20₹99,498₹4,640₹0

How Loan EMI Works

EMI = P x r x (1+r)^n / ((1+r)^n - 1), where P is principal, r is monthly rate, n is total months. This calculator provides a full amortization schedule showing how each payment splits between principal and interest.

Features

  • Calculate EMI for home, car, or personal loans
  • View month-by-month amortization schedule
  • Yearly summary with principal and interest breakdown
  • Download schedule as CSV
  • 100% client-side calculation
⚡ Pro OptionsSponsored

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Disclaimer:This tool is provided “as is” for informational and educational purposes only. Results may not be 100% accurate. ToolBird makes no warranties, express or implied, regarding the accuracy, reliability, or completeness of any output generated by this tool. This tool does not constitute professional, legal, financial, medical, or tax advice. Always consult a qualified professional for important decisions. By using this tool, you agree that ToolBird and its operators shall not be held liable for any damages, losses, or consequences arising from the use of this tool or reliance on its results. All processing occurs in your browser — we do not store, transmit, or access your data. Use at your own risk.