EMI Calculator
See exactly what a loan costs you every month — and over its lifetime.
₹
%
Monthly EMI
₹21,696
Total interest
₹27,06,939
Total payment
₹52,06,939
Principal
₹25,00,000
Principal vs interest
Principal Interest
How the EMI calculator works
An EMI (Equated Monthly Instalment) is the fixed amount you repay each month across the loan tenure. Early instalments are mostly interest; later ones are mostly principal.
EMI = P × r × (1 + r)^n / ((1 + r)^n − 1)Where P is the loan principal, r is the monthly interest rate (annual rate ÷ 12 ÷ 100) and n is the tenure in months. Total payment is EMI × n, and total interest is that figure minus the principal.