Calculate Your Loan EMI
Simple, accurate, and free EMI calculator for home loans, car loans, and personal loans
₹2,500,000
8.5%
20 Years
EMI Breakdown
Monthly EMI
₹0
Total Interest₹0
Total Payment₹2,500,000
Payment Distribution
Yearly Payment Schedule
Amortization Schedule
| Year | Principal (A) | Interest (B) | Total Payment (A+B) | Balance | Loan Paid % |
|---|
Easy Calculation
Get instant EMI calculations with our simple and intuitive calculator.
Detailed Breakdown
View complete amortization schedule and payment breakup.
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Understanding EMI
EMI (Equated Monthly Installment) is the fixed amount you pay every month towards your loan. It includes both principal and interest components.
Principal Amount
The original loan amount you borrow
Interest Rate
The rate at which interest is charged on your loan
Loan Tenure
The duration for which you take the loan
EMI Formula
EMI = P × r × (1 + r)^n / [(1 + r)^n - 1]
Where:
P = Principal loan amount
r = Monthly interest rate
n = Total number of months
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