EMI Calculator

Know the number before you sign.

Work out your monthly instalment, the total interest and the real cost of a loan. Change any figure and every result updates straight away.

Start calculating Talk to an advisor
Total interest
₹54,13,879
Total payable
₹1,04,13,879
Instalments
240 months
Sample EMI ₹43,391 a month
8.5% a year 20 years
Principal Interest

Step 1 · Build your loan

Pick a loan type, then fine-tune it

Live · every figure updates as you move
₹ 50 lakh

Between 1% and 30%

Between 1 and 30 years

Same loan, other tenures

Tap one to compare

    Step 2 · Follow the money

    Where every year's payments go

    You pay the same total each year. The split changes. Early on, most of it is interest. Later, most of it reduces what you owe. Tap a bar to see that year.

    Interest in year 1
    ₹4,13,000
    Half the loan repaid by
    Year 13

    Step 3 · Compare tenures

    Same loan, three finish lines

    We run your amount and rate over five years shorter and five years longer. Each card shows how the total cost splits between what you borrow and what the lender earns.

    Step 4 · Pay a little extra

    Small extra payments, real savings

    Add a fixed amount on top of your EMI each month and see how much sooner you finish, and how much interest you keep. Your lender may charge for part-prepayment, so check the terms first.

    0 months finished sooner
    ₹0 interest kept

    Original plan20 years

    With extra payments20 years

    The EMI stays the same. The extra amount goes towards the balance each month.

    Step 5 · Check your comfort

    Will this EMI fit your income?

    Many lenders look for total monthly EMIs below half of take-home pay. Enter your income and existing EMIs to see how this loan fits, and how much you could borrow.

    — Enter your income

    Total EMIs with this loan use

    Add your income to see the share.

    You could borrow up to

    —

    Good to know

    Questions people ask us

    Still unsure about a figure? Our advisors can compare real offers from several lenders side by side, at no cost to you.

    Ask an advisor
    01Is the EMI on this page my final EMI?

    No. It is an estimate based on the amount, rate and tenure you enter. Lenders set the final rate after checking your profile, so their figures can differ.

    02Why does most of my early EMI go to interest?

    Interest is charged on the balance you still owe. At the start that balance is at its highest, so the interest part of each instalment is largest. As the balance falls, more of each payment reduces the principal.

    03Do processing fees appear in these numbers?

    No. Processing fees, insurance, valuation and stamp duty are not included. Add them to your total cost when you compare offers.

    04What changes with a floating rate?

    A floating rate moves with the lender's benchmark. Your EMI may rise or fall, or the lender may keep the EMI and change the tenure instead. Use the rate slider to test a higher rate.

    Step 7 · Take it with you

    Email me this plan

    We will send a short summary of the loan you built, with its EMI, total interest and tenure options. No sales calls unless you ask for one.

    Your current plan

    ₹50,00,000 · 8.50% · 20 years

    EMI ₹43,391 a month