EMI Calculator
ఈఎంఐ కాలిక్యులేటర్
Loan EMI calculator: the monthly EMI, total interest and repayment schedule of any loan, in years or months.
ఏ లోన్‌కైనా నెలవారీ ఈఎంఐ, మొత్తం వడ్డీ, తిరిగి చెల్లించే పట్టిక: కాలం ఏళ్లలో లేదా నెలల్లో.
Your result
Monthly EMI నెలవారీ వాయిదా
8.68 thousand rupees a month
- Principalఅసలు
- ₹10,00,000
- Total interestమొత్తం వడ్డీ
- ₹10,82,776
- Total paymentమొత్తం చెల్లింపు
- ₹20,82,776
Year by year ఏడాదివారీగా
- Principal
- Interest
Use the left and right arrow keys to read each year; the table below lists every value.
Show the year-by-year table
| Year | Principal | Interest | Balance |
|---|---|---|---|
| 1 | ₹19,902 | ₹84,236 | ₹9,80,098 |
| 2 | ₹21,661 | ₹82,477 | ₹9,58,436 |
| 3 | ₹23,576 | ₹80,563 | ₹9,34,860 |
| 4 | ₹25,660 | ₹78,479 | ₹9,09,200 |
| 5 | ₹27,928 | ₹76,211 | ₹8,81,272 |
| 6 | ₹30,397 | ₹73,742 | ₹8,50,875 |
| 7 | ₹33,084 | ₹71,055 | ₹8,17,791 |
| 8 | ₹36,008 | ₹68,131 | ₹7,81,784 |
| 9 | ₹39,191 | ₹64,948 | ₹7,42,593 |
| 10 | ₹42,655 | ₹61,484 | ₹6,99,938 |
| 11 | ₹46,425 | ₹57,714 | ₹6,53,513 |
| 12 | ₹50,529 | ₹53,610 | ₹6,02,985 |
| 13 | ₹54,995 | ₹49,144 | ₹5,47,990 |
| 14 | ₹59,856 | ₹44,283 | ₹4,88,134 |
| 15 | ₹65,147 | ₹38,992 | ₹4,22,987 |
| 16 | ₹70,905 | ₹33,234 | ₹3,52,082 |
| 17 | ₹77,172 | ₹26,966 | ₹2,74,910 |
| 18 | ₹83,994 | ₹20,145 | ₹1,90,916 |
| 19 | ₹91,418 | ₹12,721 | ₹99,498 |
| 20 | ₹99,498 | ₹4,640 | ₹0 |
Last updated : an example interest rate of 8.5% a year. These are examples: check your lender's current rate and charges before you borrow.
How is EMI calculated?
An EMI (equated monthly instalment) is the same amount paid every month until a loan is repaid. Banks charge interest on the balance still owed every month (reducing balance), and the rest of the EMI repays the loan. With a loan amount P, a monthly rate r (yearly rate ÷ 12 ÷ 100) and n monthly instalments:
EMI = P × r × (1 + r) n ÷ ((1 + r) n − 1)
Example: ₹10,00,000 at 8.5% for 20 years is an EMI of ₹8,678. Over the loan you pay ₹10,82,776 in interest, ₹20,82,776 in all. Early instalments are mostly interest: of the first EMI, ₹7,083 is interest and ₹1,595 repays the loan; the principal share grows every month.
EMI on ₹1 lakh at common rates
At 10% for 5 years, the EMI on ₹1 lakh is ₹2,125; on ₹5 lakh it is 5 times that, ₹10,624 to the rupee. The EMI on ₹1 lakh, by rate and tenure:
| Rate a year | 1 year | 3 years | 5 years | 10 years | 20 years |
|---|---|---|---|---|---|
| 8% | ₹8,699 | ₹3,134 | ₹2,028 | ₹1,213 | ₹836 |
| 9% | ₹8,745 | ₹3,180 | ₹2,076 | ₹1,267 | ₹900 |
| 10% | ₹8,792 | ₹3,227 | ₹2,125 | ₹1,322 | ₹965 |
| 12% | ₹8,885 | ₹3,321 | ₹2,224 | ₹1,435 | ₹1,101 |
| 14% | ₹8,979 | ₹3,418 | ₹2,327 | ₹1,553 | ₹1,244 |
| 16% | ₹9,073 | ₹3,516 | ₹2,432 | ₹1,675 | ₹1,391 |
| 18% | ₹9,168 | ₹3,615 | ₹2,539 | ₹1,802 | ₹1,543 |
Each loan has its own page, with its usual amounts and tenures: home loan, car loan, personal loan, education loan, business loan and gold loan.
Good to know
- A longer tenure lowers the EMI but raises the total interest: compare the total, not just the EMI.
- Part-prepayments in the first years save the most interest, because that is when the balance is highest: the prepayment calculator shows how much.
- On a floating rate, a rate change alters the EMI or the tenure; processing fees and insurance are extra.
- Rate quoted in rupees (రూపాయి వడ్డీ)? ₹1 per ₹100 a month is 12% a year, 1 rupee 50 paise is 18%: choose "₹ per ₹100 a month" above.
- Told only the EMI? Choose "Find: Rate" and type the loan amount, the EMI and the tenure: you get the rate it carries, the same as a flat rate, and with any processing fee, its true cost.
ఈఎంఐ అంటే ఏమిటి?
ఈఎంఐ (EMI) అంటే ఈక్వేటెడ్ మంత్లీ ఇన్‌స్టాల్‌మెంట్: లోన్ తీరే వరకు ప్రతి నెలా కట్టే సమాన వాయిదా. ఇందులో కొంత వడ్డీ, కొంత అసలు ఉంటాయి. ఉదాహరణకు ₹1 లక్ష లోన్‌కు 10% వడ్డీతో 5 ఏళ్లకు నెలకు ఈఎంఐ ₹2,125. ఈ ఈఎంఐ క్యాలిక్యులేటర్‌లో లోన్ మొత్తం, వడ్డీ రేటు, కాలం ఇస్తే నెలవారీ ఈఎంఐ, మొత్తం వడ్డీ తెలుస్తాయి.
Questions
What is the full form of EMI?
Equated monthly instalment: "equated" because every instalment is the same, from the first month to the last.
Can I enter the tenure in months?
Yes. Choose "Months" under "Tenure in" and type the number of instalments, for a 9-month loan or an 18-month one; the years and months switch keeps the same loan.
What is "reducing balance"?
Interest is charged each month only on the principal still outstanding, so as you repay, the interest part of the EMI falls.
Is a "flat rate" loan cheaper?
Usually not. A flat rate charges interest on the full amount for the whole tenure, so a 10% flat rate costs far more than 10% on reducing balance (about 18% for three years). The flat interest rate calculator turns a flat rate into the true one.
Bike loan or a phone on EMI?
Type the amount, the rate and the months as for any loan. If the dealer quotes a flat rate, turn it into the reducing rate first; if a "no-cost EMI" carries a processing fee, choose "Find: Rate" with the fee to see what it really costs.
What next? తర్వాత ఏం చూడాలి
See all calculators →Results are estimates for planning, at the rates you enter. Check exact figures with your bank, fund house or tax adviser before you decide.
