EMI Calculator: Know Your EMI Before You Borrow.
Monthly EMI
₹43,391
for 20 yrs
Interest
52%
of total
- Total interest
- ₹54,13,879
- Total payment
- ₹1,04,13,879
- Interest ÷ principal
- 1.08×
- Loan-free by
- Oct 2046
Year-by-year breakdown
How much of each year's payments clears the loan, and how much is interest.
Live results
Results update as you change any value. No submit button.
Nothing leaves your browser
Calculations run on your device. We do not see or store your loan details.
PDF, Excel and CSV
Export the full month-by-month schedule, or share a link that reopens it.
EMI calculators by loan type
Home Loan
from ~7.25%
Car Loan
from ~7.5%
Personal Loan
from ~10%
Education Loan
from ~8.1%
Business Loan
from ~11%
Gold Loan
from ~9%
Indicative starting rates at major Indian banks, September 2026. Your rate depends on your credit score, income and lender.
Tools for prepayments, rate changes and fees
Most loans change after you take them. These calculators cover part-payments, repo-rate resets, processing fees and moratoriums.
Prepayment simulator
Add one-time or recurring part-payments and see the interest saved and months cut.
Try itFloating rates
Add a repo-rate change at any month and see how your tenure or EMI changes.
Try itStep-up EMI
EMIs that grow with your salary, or step down before retirement.
Try itCompare 3 offers
The lowest EMI is not always the cheapest loan. Compare offers on total cost.
Try itTrue cost (APR)
Include the processing fee, 18% GST and insurance to find the real annual rate.
Try itAffordability
Enter your income and existing EMIs to estimate the loan banks may offer, using FOIR.
Try itShare your calculation
Every calculation is saved in its link, so you can send it to family or your CA and they see the same numbers.
16 calculators in one place
Also includes rent vs buy, balance transfer and reverse EMI calculators.
Browse all toolsFrequently asked questions
How is EMI calculated?
EMI = P × r × (1 + r)ⁿ / ((1 + r)ⁿ − 1), where P is the loan amount, r the monthly interest rate (annual rate ÷ 12 ÷ 100) and n the number of months. Each EMI pays that month's interest first; the rest reduces your principal.
Are these calculators free?
Yes. Every calculator is free with no sign-up. Create an account only if you want to sync saved calculations across devices.
Can I see how prepayments change my loan?
Yes. Add one-time or recurring part-payments in the EMI calculator and see the interest saved, the months cut and your new loan-free date, for both 'reduce tenure' and 'reduce EMI'.
Do you store my financial data?
No. Calculations run entirely in your browser. If you save a calculation while signed out it stays in your browser's local storage; signed-in saves are stored privately in your account.
Can I download the amortization schedule?
Yes. Export a branded PDF report, an Excel workbook (summary, yearly and monthly sheets) or a CSV, or share a link that reopens your exact calculation.
Free EMI calculator and loan planning tools
EMI-Calculator.info is a free EMI calculator for India that shows your monthly instalment, total interest and a full amortization schedule the moment you change a number. Use it for a home loan, car loan, personal, education, business or gold loan.
Go beyond a single EMI with 16 calculators: model part-payments with the prepayment calculator, compare offers side by side, check how much you can borrow, weigh renting against buying, and see whether a balance transfer really saves money.
Every calculation runs in your browser, needs no sign-up, and can be exported as PDF, Excel or CSV. Our blog explains the maths in plain English.
Disclaimer
Numbers are only as good as the assumptions behind them.
Not financial advice
Everything on EMI-Calculator.info, including calculators, articles, examples and comparisons, is for general information and education. It isn't financial, tax, legal or investment advice, and it doesn't consider your personal circumstances. Speak to a qualified adviser before making borrowing decisions.
Estimates, not quotes
Our calculators use standard reducing-balance formulas. Your lender's figures can differ because of rounding, broken-period interest, reset dates, processing fees, insurance, taxes and product-specific terms. Always rely on your sanction letter and loan agreement.
Rates & data
Default interest rates and ranges are indicative and may be out of date. Rates change frequently and vary by lender and borrower profile.
No endorsement
Mentions of banks, lenders or products are illustrative. Unless clearly stated, we don't receive compensation for them.
Check your own loan
A ₹50 lakh home loan at 8.5% for 20 years costs ₹54.14 L in interest. Enter your numbers to see what your loan will cost.
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