EMI Calculator
Know your EMI before you sign
Enter the loan amount, interest rate and tenure. We compute the equated monthly instalment along with the total interest you will pay over the life of the loan.
Your inputs
₹
₹50000₹50000000
%
1%24%
Yr
1Yr30Yr
Results
Principal₹25,00,000
Total interest₹27,06,939
Total payment₹52.07 L
Monthly EMI₹21,696
Formula
EMI = P × r × (1 + r)ⁿ / ((1 + r)ⁿ − 1), where P is the principal, r is the monthly interest rate (annual ÷ 12 ÷ 100) and n is the number of monthly instalments.