EMI Calculator

Calculate your Equated Monthly Installment

₹10,00,000
8.5%
20 Years
Monthly EMI
₹8,678
Total Interest
₹10,82,720
Total Payable
₹20,82,720
Principal ₹10L
Interest ₹10.8L
EMI Formula: EMI = [P × R × (1+R)^N] / [(1+R)^N – 1]
Where P = Principal, R = Monthly Rate, N = Number of Months
Salary Check — Is this loan safe?
YearPrincipalInterestBalance