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EMI Calculator

Plan your loan with confidence. Move the sliders to see your monthly EMI, total interest, and total amount payable — instantly.

₹10,00,000
₹50K₹1 Cr
10.5%
6%30%
5 years
6 months30 years
Monthly EMI₹21,494
Principal Interest
Principal amount₹10,00,000
Total interest₹2,89,640
Total payable₹12,89,640

Indicative only. Your actual rate is set after assessment.

Good to know

How EMI is calculated

The formula

EMI = P × r × (1+r)ⁿ ÷ [(1+r)ⁿ − 1], where P is principal, r is monthly rate, and n is the number of months.

Lower rate, lower cost

Even a 1% lower rate can save you thousands over the loan. Compare offers before you sign.

Tenure trade-off

A longer tenure means a smaller EMI but more total interest. Pick a balance you're comfortable with.

Keep EMIs affordable

As a rule of thumb, keep all your EMIs under 40–50% of your monthly income.