Borrowing planner · India
Loan EMI Calculator
See the real shape of a loan before committing. Compare principal and interest, review every payment, and model how extra monthly repayments may reduce the cost of borrowing.
Estimates assume a constant annual interest rate and regular monthly payments. Lender fees, insurance, rate resets and other charges are not included.
Configure your loan
Choose a loan type, then edit the assumptions for your offer.
Add an extra monthly principal amount to compare potential interest and tenure savings.
What your repayments cover
See principal and interest as separate parts of total repayment.
Chart unavailable. The totals and amortization table remain available.
Principal repaidInterest paid
| Period | Payment | Principal | Interest | Balance |
|---|---|---|---|---|
| Calculate to view the schedule. | ||||
| Total | — | — | — | — |
Actual loan schedules depend on lender terms, day-count conventions, fees and any changes in interest rates.
Saved EMI scenarios
0 savedNo saved scenarios yet.
Open My Saved Plans → · Stored locally in this browser; not synced across devices.
Understand your EMI
What is EMI?
Equated Monthly Instalment (EMI) is the regular payment that covers that month's interest and part of the principal.
Why does interest start higher?
Interest is calculated on the outstanding principal, so the interest portion often falls as the balance reduces.
How do extra payments help?
In this model, an extra payment is added to the regular EMI and used to reduce principal sooner. Lender prepayment rules and charges may differ.
Are the results a bank quote?
No. This is a planning estimate using your inputs. Verify the final EMI, amortization and prepayment terms with the lender.
General educational tool, not lending or financial advice. Review the loan agreement and all applicable fees before borrowing.