Enter the loan amount.
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LOANS05 / 06 · Financial planning tool
EMI Calculator
Calculate your monthly loan payment and see how much of the total cost comes from principal versus interest.
LOANS · EMI Calculator
EMI Calculator
See your monthly loan payment and the total interest cost. All calculations happen in your browser.
Tenure
Monthly EMI₹17,356
Principal₹20,00,000
Total interest₹21,65,552
Total payment₹41,65,552
For planning and educational purposes only. Results depend on the assumptions you enter and are not investment advice.
WHY THIS TOOL EXISTS
Where your loan payment actually goes
A longer tenure can reduce the monthly EMI but substantially increase the total interest paid. Looking at both numbers gives a clearer picture than the EMI alone.
01 · Inputs matter02 · Time changes the answer03 · Use it for planning
HOW TO USE IT
Turn the inputs into a better decision.
Keep assumptions realistic, compare scenarios and use the output as one input in your decision — not as a promise of returns.
Enter the annual interest rate offered by your lender.
Choose the tenure in years or months.
Compare the monthly EMI with the total interest to understand the cost of borrowing.
COMMON QUESTIONS
Before you use the number.
01What is an EMI?+
An Equated Monthly Instalment is the regular payment made to repay a loan. Each payment contains both interest and principal.
02How is EMI calculated?+
For a standard reducing-balance loan, the EMI is calculated from the principal, monthly interest rate and total number of payments.
03What increases total interest the most?+
Tenure is one of the biggest factors. A longer loan period usually lowers the monthly EMI but increases total interest.
04Does this calculator model prepayments?+
No. It shows the base repayment calculation for the assumptions you enter and does not model lender-specific prepayment effects.