Calculate monthly Loan EMI, total interest outgo, and year-by-year reducing balance amortization schedule.
Adjust the sliders or enter exact values to compute accurate results
EMI = [P × r × (1+r)^n] / [(1+r)^n – 1]
Where P = Principal Loan Amount, r = Monthly Interest Rate (Annual Rate ÷ 12 ÷ 100), and n = Total Monthly Installments.
Step-by-step mathematical projection
| Period / Item | Principal / Base | Interest / Secondary | Total Payment | Closing Balance |
|---|
Where P = Principal Loan Amount, r = Monthly Interest Rate (Annual Rate ÷ 12 ÷ 100), and n = Total Monthly Installments.
Use our interactive Loan EMI Calculator to compute your exact monthly installment for Home Loans, Car Loans, and Personal Loans in India. Includes a dynamic doughnut chart and full year-wise principal vs. interest repayment schedule.
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