EMI Calculator

Calculate your monthly EMI for Home Loan, Personal Loan, Car Loan & Business Loan. Get instant results with detailed breakdown.

Home Loan
Personal Loan
Car Loan
Business Loan

Calculate Your EMI

₹5,00,000
₹50K ₹25 L ₹50 L
10.5%
5% 12.5% 20%
5 Years
1 Year 15 Years 30 Years

Loan Summary

Monthly EMI
Your monthly payment
₹10,747
Total Interest
Interest payable over loan term
₹1,44,820
Total Payment
Principal + Interest
₹6,44,820
Principal Amount
Loan amount borrowed
₹5,00,000
Principal Interest
77.5%
22.5%
₹5,00,000 (77.5%) ₹1,44,820 (22.5%)
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Compare Loan Types

Loan Type Interest Rate Max Loan Amount Max Tenure Processing Fee
Personal Loan 10.5% - 16% ₹50 Lakhs 7 Years 1% - 2%
Home Loan 8.4% - 10.5% ₹5 Crores 30 Years 0.5% - 1%
Car Loan 9.5% - 12.5% ₹75 Lakhs 7 Years ₹1,000 - ₹5,000
Business Loan 11.5% - 18% ₹2 Crores 10 Years 1.5% - 2.5%

How EMI Calculator Works?

What is EMI?

EMI (Equated Monthly Installment) is the fixed monthly payment you make to repay your loan. It includes both principal and interest components.

EMI Formula

EMI = [P x R x (1+R)^N] / [(1+R)^N-1]
Where P = Principal, R = Monthly Interest Rate, N = Loan Tenure in Months

Factors Affecting EMI

• Loan Amount
• Interest Rate
• Loan Tenure
• Type of Interest (Fixed/Floating)
• Processing Fees

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