EMI Calculator
Set the amount, rate and period to see what you would pay every month.
Filled in from your choices. You can change anything.
₹
%
period
Your monthly EMI
₹0
0%interest
- Loan amount-
- Total interest-
- Total interest
- -
- Total you will pay
- -
- Loan period
- -
Year-wise breakup
| Year | Principal | Interest | Balance |
|---|
How the EMI is worked out
EMI = P × r × (1 + r)n ÷ ((1 + r)n − 1)
P = loan amount, r = monthly interest rate (yearly rate ÷ 12), n = number of months
P = loan amount, r = monthly interest rate (yearly rate ÷ 12), n = number of months
The figures are an illustration. The real EMI, rate and fees such as the processing fee depend on the lender.