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Module 16 · Finance

EMI Calculator

Compute your monthly EMI for home, personal, car and business loans — with total interest, amortization schedule, and principal-vs-interest split.

Monthly EMI
₹21,696
for 240 months (20 years)
Total interest
₹27,06,939
extra paid over the loan life
Total payable
₹52,06,939
principal + interest
Principal vs interest
Interest52.0%
Principal₹25,00,000
Interest₹27,06,939
Amortization schedulefirst 24 months
MonthEMIPrincipalInterestBalance
1₹21,696₹3,987₹17,708₹24,96,013
2₹21,696₹4,015₹17,680₹24,91,997
3₹21,696₹4,044₹17,652₹24,87,953
4₹21,696₹4,073₹17,623₹24,83,881
5₹21,696₹4,101₹17,594₹24,79,779
6₹21,696₹4,130₹17,565₹24,75,649
7₹21,696₹4,160₹17,536₹24,71,489
8₹21,696₹4,189₹17,506₹24,67,300
9₹21,696₹4,219₹17,477₹24,63,081
10₹21,696₹4,249₹17,447₹24,58,832
11₹21,696₹4,279₹17,417₹24,54,553
12₹21,696₹4,309₹17,386₹24,50,244
13₹21,696₹4,340₹17,356₹24,45,905
14₹21,696₹4,370₹17,325₹24,41,534
15₹21,696₹4,401₹17,294₹24,37,133
16₹21,696₹4,433₹17,263₹24,32,700
17₹21,696₹4,464₹17,232₹24,28,236
18₹21,696₹4,496₹17,200₹24,23,741
19₹21,696₹4,527₹17,168₹24,19,213
20₹21,696₹4,559₹17,136₹24,14,654
21₹21,696₹4,592₹17,104₹24,10,062
22₹21,696₹4,624₹17,071₹24,05,438
23₹21,696₹4,657₹17,039₹24,00,781
24₹21,696₹4,690₹17,006₹23,96,091
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Guide

How EMI Calculator works

Step 01
Enter loan details

Loan amount, annual interest rate and tenure in years.

Step 02
Read your EMI live

Monthly EMI, total interest and total payable update as you type.

Step 03
Review amortization

See the first two years of principal-vs-interest breakdown and a donut chart of the split.

FAQ

Frequently asked

How is EMI calculated?+

EMI = P × r × (1+r)^n / ((1+r)^n − 1), where P is principal, r is monthly interest rate (annual ÷ 12 ÷ 100) and n is number of monthly instalments.

Does this handle zero-interest loans?+

Yes. For 0% loans EMI is simply P ÷ n (straight division), avoiding the divide-by-zero that the standard formula would produce.

Are prepayments handled?+

Not yet — this is a vanilla amortization view. Ask if you'd like prepayment / balance-transfer scenarios added.

Is my data stored?+

No. All calculations happen locally in your browser.

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