EMI Calculator
Calculate your monthly loan EMI, total interest and total payment, with a full amortization schedule.
Assumptions used in this calculation
- Interest method: Monthly reducing balance, interest is charged only on the outstanding principal each month.
- Rounding: EMI and totals are rounded to whole currency units for display; internal math uses full decimal precision.
About this calculator
The EMI calculator uses the standard monthly reducing-balance formula to work out your Equated Monthly Installment for any loan, home, car, personal or business. See the principal-versus-interest split, total interest paid over the loan, and a month-by-month amortization table.
Worked example
₹25,00,000 loan at 9% for 20 years (240 months)
Result: EMI ≈ ₹22,493
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