Use our free EMI Calculator to instantly calculate your monthly EMI for Home Loan, Car Loan, Personal Loan, and Education Loan. Simply enter the loan amount, interest rate, and tenure to get your EMI, total interest payable, and a complete amortisation schedule.
This calculator uses the standard reducing balance method (the method used by all banks in India), giving you accurate EMI figures along with a year-wise and month-wise repayment breakdown.
EMI Calculator
Calculate monthly EMI for Home Loan, Car Loan, Personal Loan & Education Loan
💸 Enter Loan Details
Enter the principal loan amount
Typical home loan rates: 8.5% – 9.5%
Choose tenure in years (1–30)
Used for amortisation schedule with calendar dates
✅ Your EMI Breakdown
Monthly EMI
₹0
per month
Total Interest
₹0
0% of loan
Total Payment
₹0
0 months
Principal vs Interest Breakup
0%Principal
Principal: ₹0
Interest: ₹0
Total Payable: ₹0
| Year | Principal (₹) | Interest (₹) | Total Paid (₹) | Balance (₹) |
|---|
| Month | EMI (₹) | Principal (₹) | Interest (₹) | Balance (₹) |
|---|
⚠ Disclaimer: This EMI calculator provides indicative figures only. Actual EMI may vary based on the lender’s calculation method, processing fees, GST, prepayment charges, and other terms. Please verify with your bank or financial institution before taking any loan decision.
Need the full amortisation schedule?
CA-prepared Excel with month-wise principal and interest split, prepayment what-if, and a clean print layout.