EMI Calculator

Loan Amount

₹

Interest Rate (% p.a.)

%

Loan Tenure

Years Months

Monthly EMI

₹ 0

Principal Amount

₹ 0

Total Interest Payable

₹ 0

Total Payment

₹ 0

Amortization Schedule

Month	Principal Paid	Interest Paid	Total Payment	Ending Balance

How to Use Our EMI Calculator: A Simple Step-by-Step Guide

Welcome to your personal financial planning partner! This powerful calculator might look advanced, but it’s designed to be incredibly easy and intuitive to use. We’ve created it to remove all the guesswork and help you plan your purchase with total confidence.

In just a few simple steps, you'll get a complete and clear picture of your potential loan. Let’s get started!

Step 1: Enter Your Loan Details

First, we just need three simple pieces of information. As you adjust these, you'll see all the results change instantly!

1. Loan Amount (₹): Start by entering the amount you wish to borrow. You can type the number directly or simply drag the interactive slider to explore different amounts.
2. Interest Rate (% p.a.): Next, input the annual interest rate your bank or lender is offering. For example, if the rate is 9.5%, just enter 9.5.
3. Loan Tenure: This is how long you plan to take to repay the loan. Use the convenient 'Years / Months' button to switch between the two, whichever is easier for you. Adjust the slider to see how the tenure affects your payments.

Step 2: Instantly See Your Results

The best part? There’s no “Calculate” button. The moment you change a value, your results appear automatically.

• Your Monthly EMI: This is the most important number. It's the fixed amount you’ll need to budget for each month. Our calculator displays this number clearly at the top so you can’t miss it.
• Visual Breakdown (The Pie Chart): Look at the colorful chart! It shows you the two parts of your total payment. The larger blue part is the Principal (the actual money you borrowed), and the smaller red part is the Total Interest (the cost of borrowing). It's a quick way to see the real cost of your loan.
• Payment Summary: Just below the chart, you’ll see a simple summary. The "Total Interest Payable" is the total extra cost you'll pay for the loan, and the "Total Payment" is the grand total (principal + interest) you'll pay by the end of the tenure.

Step 3: Go Deeper with the Amortization Schedule

For those who love details, we’ve included the Amortization Schedule.

This table might look detailed, but it’s simply your entire loan story, month by month. It shows exactly how each Monthly EMI payment you make reduces your outstanding balance. You can scroll through the entire list and watch your loan amount get smaller with every payment until it reaches zero!

Pro Tip: Find the Perfect Plan for You

Now it's time to explore! Use this calculator to find a plan that fits your budget perfectly.

Try this: Adjust the Loan Tenure slider from 10 years down to 5 years. Notice how your Monthly EMI goes up, but the red slice for Total Interest in the pie chart shrinks dramatically? This little trick of choosing a shorter tenure can help you save a lot of money in the long run! Play around with the numbers until you find the perfect balance between a comfortable monthly payment and the lowest possible total cost.