Loan EMI Calculator

Calculate your Equated Monthly Installment with detailed year-wise breakdown

Loan Details

Enter your loan information to calculate your EMI and payment schedule

5,00,000
8.5%
20 Years

How EMI is Calculated

EMI = [P x R x (1+R)^N] / [(1+R)^N-1]

Where:
P = Principal Loan Amount
R = Monthly Interest Rate (Annual Rate/12/100)
N = Loan Tenure in Months

Loan Summary

Monthly EMI
₹ 0
Per Month
Total Interest
₹ 0
Payable
Total Payment
₹ 0
(Principal + Interest)

Year-wise Payment Breakdown

Year Principal (₹) Interest (₹) Total Payment (₹) Balance (₹)

Payment Distribution

Payment visualization chart would appear here

(Principal vs Interest over loan tenure)

Note: This calculator provides an estimate of your EMI. Actual EMI may vary based on the lender's terms and conditions. Processing fees and other charges are not included in this calculation.