Loan & EMI Calculator
Plan your borrowing with precision. Calculate your monthly installments, total interest costs, and explore a detailed annual amortization schedule for auto loans, home mortgages, and personal financing.
Presets:
Currency:
Loan Parameters
Rs.
Rs.50KRs.25MRs.50M
%
5%20%35%
1 Year15 Years30 Years
Monthly EMI Payment
Rs. 76,180
Payable monthly for 5 years
Principal Loan:Rs. 3,000,000
Total Interest Payable:Rs. 1,570,817
Total Amount Payable:Rs. 4,570,817
Principal (65.6%)Interest (34.4%)
Annual Amortization Schedule
Year-by-year payment breakdown showing how each installment reduces principal and interest balance.
| Year | Principal Paid | Interest Paid | Total Paid (Year) | Remaining Balance |
|---|---|---|---|---|
| Year 1 | Rs. 406,629 | Rs. 507,535 | Rs. 914,163 | Rs. 2,593,371 |
| Year 2 | Rs. 486,173 | Rs. 427,991 | Rs. 914,163 | Rs. 2,107,199 |
| Year 3 | Rs. 581,277 | Rs. 332,887 | Rs. 914,163 | Rs. 1,525,922 |
| Year 4 | Rs. 694,985 | Rs. 219,178 | Rs. 914,163 | Rs. 830,937 |
| Year 5 | Rs. 830,937 | Rs. 83,227 | Rs. 914,163 | Rs. 0 |
Banking, Interest Rates & Economy News
BusinessNvidia-Backed Firmus Scraps Its $5 Billion IPO as AI Valuations Wobble
3h agoRead →
BusinessMark Zuckerberg's Image Problem Amidst Meta's Booming Business Success
2d agoRead →
BusinessThe AI compute gap: 83% of enterprises face low GPU utilization as spending accelerates
7/25/2026Read →
BusinessRailway raises $100 million to disrupt AWS with AI-driven cloud infrastructure
7/25/2026Read →
Loan Financing & EMI FAQ
Key insights on borrowing, interest calculations, and bank repayment schedules.
EMI stands for Equated Monthly Installment. It is the fixed payment amount made by a borrower to a lender at a specified date each calendar month. EMIs are computed using the standard reducing-balance loan formula: EMI = [P x R x (1+R)^N]/[(1+R)^N-1], where P is Principal, R is monthly interest rate, and N is the number of months.