How is EMI calculated?

EMI is calculated using the formula: [P x R x (1+R)^N]/[(1+R)^N-1], where P is loan amount, R is monthly interest rate, and N is number of months.

Can I see yearly breakdown?

Yes, our calculator provides a detailed yearly amortization schedule showing principal, interest, and remaining balance.

Yes, we use the standard EMI calculation formula used by banks and financial institutions.

Calculate your Equated Monthly Installment with detailed breakdown

Loan Amount (₹) ₹10,00,000

₹10,000 ₹5,00,00,000

Interest Rate (% per annum) 8.5%

1% 20%

Loan Tenure (Years) 20 Years

1 Year 30 Years

Monthly EMI

₹0

Total Interest

₹0

Total Payment

₹0

Year	Principal Paid	Interest Paid	Remaining Balance

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