Tool
EMI calculator
Break a loan into its monthly instalment, total interest and total repayment.
Monthly instalment
₹21,696
Your inputs
Change any number, and the result updates instantly.
₹
₹50.0 K₹2.00 Cr
130
%
5%24%
Monthly instalment
₹21,696
- Total interest
- ₹27.07 L
- Total repayment
- ₹52.07 L
Principal is 48% of everything repaid.
These figures are arithmetic on the numbers you entered. They are not a projection, a target or a recommendation.
How it works
EMI = P × i × (1 + i)^n / ((1 + i)^n − 1), where P is the principal, i is the monthly interest rate and n is the tenure in months. Early instalments are mostly interest; later ones are mostly principal.
Assumptions behind the numbers
- Fixed rate
- The interest rate stays the same for the whole tenure.
- No fees
- Processing fees, insurance and prepayment charges are excluded.
- On-time payments
- No late fees or missed instalments are modelled.