Step-up EMI calculator for an EMI that rises with salary
Start lower, step up every year. Or the reverse, if you're planning ahead.
₹
₹1 L₹10 Cr
% p.a.
6%15%
years
1 yr30 yr
Make it real
Real loans have part-payments, rate changes and fees. Switch any of them on.
%
-20%+20%
Step every
Starting EMI
₹30,022
Rising to ₹75,865 by the end
Interest
58%
of total
Principal₹50 L
Total interest₹69.13 L
Total payable₹1.19 Cr
- Total interest
- ₹69,12,548
- Total payment
- ₹1,19,12,548
- Interest ÷ principal
- 1.38×
- Loan-free by
- Oct 2046
The full picture
20 yrs of payments, year by year and month by month.
| Year | Principal | Interest | Total paid | Balance | Paid off |
|---|---|---|---|---|---|
| 2026 | -₹10,827 | ₹70,872 | ₹60,044 | ₹50,10,827 | 0% |
| 2027 | -₹65,260 | ₹4,28,529 | ₹3,63,268 | ₹50,76,087 | 0% |
| 2028 | -₹52,146 | ₹4,33,578 | ₹3,81,432 | ₹51,28,234 | 0% |
| 2029 | -₹36,929 | ₹4,37,432 | ₹4,00,504 | ₹51,65,162 | 0% |
| 2030 | -₹19,375 | ₹4,39,904 | ₹4,20,529 | ₹51,84,537 | 0% |
| 2031 | ₹771 | ₹4,40,784 | ₹4,41,555 | ₹51,83,766 | 0% |
| 2032 | ₹23,792 | ₹4,39,841 | ₹4,63,633 | ₹51,59,974 | 0% |
| 2033 | ₹49,994 | ₹4,36,821 | ₹4,86,815 | ₹51,09,980 | 0% |
| 2034 | ₹79,717 | ₹4,31,438 | ₹5,11,155 | ₹50,30,263 | 0% |
| 2035 | ₹1,13,333 | ₹4,23,380 | ₹5,36,713 | ₹49,16,929 | 2% |
| 2036 | ₹1,51,249 | ₹4,12,299 | ₹5,63,549 | ₹47,65,680 | 5% |
| 2037 | ₹1,93,911 | ₹3,97,815 | ₹5,91,726 | ₹45,71,769 | 9% |
| 2038 | ₹2,41,809 | ₹3,79,503 | ₹6,21,312 | ₹43,29,960 | 13% |
| 2039 | ₹2,95,478 | ₹3,56,900 | ₹6,52,378 | ₹40,34,482 | 19% |
| 2040 | ₹3,55,506 | ₹3,29,491 | ₹6,84,997 | ₹36,78,975 | 26% |
1–15 of 21 years
1 / 2
How it works
How to use this calculator
- 01
Set the loan
Amount, rate and tenure as usual.
- 02
Choose the step
A positive % steps up every year (or any interval); a negative % steps down.
- 03
Compare
See the starting EMI, the peak EMI and how total interest changes versus a flat EMI.
FAQ
Frequently asked questions
Who should choose a step-up EMI?
Young professionals whose income is likely to rise. It lets you take a bigger loan early on without a painful EMI today.
Does step-up EMI cost more interest?
Slightly, because you repay less principal in the early years. The calculator shows the exact difference versus a regular EMI.
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