EMI calculator

Find your monthly instalment and see exactly how much of each payment goes to interest and principal.

Example result

Monthly EMI
₹26,035
Total interest
₹32,48,327
Total payment
₹62,48,327

Free account. We'll keep these inputs and add them to your account after you sign up.

Year-by-year

YearPrincipal paidInterest paidBalance
1₹59,707₹2,52,709₹29,40,293
2₹64,984₹2,47,432₹28,75,309
3₹70,728₹2,41,688₹28,04,580
4₹76,980₹2,35,436₹27,27,600
5₹83,785₹2,28,632₹26,43,815
6₹91,190₹2,21,226₹25,52,625
7₹99,251₹2,13,166₹24,53,374
8₹1,08,024₹2,04,393₹23,45,351
9₹1,17,572₹1,94,844₹22,27,779
10₹1,27,964₹1,84,452₹20,99,815
11₹1,39,275₹1,73,141₹19,60,540
12₹1,51,586₹1,60,831₹18,08,954
13₹1,64,985₹1,47,432₹16,43,969
14₹1,79,568₹1,32,849₹14,64,402
15₹1,95,440₹1,16,977₹12,68,962
16₹2,12,715₹99,701₹10,56,247
17₹2,31,517₹80,899₹8,24,730
18₹2,51,981₹60,435₹5,72,749
19₹2,74,254₹38,163₹2,98,495
20₹2,98,495₹13,921₹0

Full amortisation schedule (monthly)
MonthEMIPrincipalInterestBalance
1₹26,035₹4,785₹21,250₹29,95,215
2₹26,035₹4,819₹21,216₹29,90,397
3₹26,035₹4,853₹21,182₹29,85,544
4₹26,035₹4,887₹21,148₹29,80,657
5₹26,035₹4,922₹21,113₹29,75,735
6₹26,035₹4,957₹21,078₹29,70,779
7₹26,035₹4,992₹21,043₹29,65,787
8₹26,035₹5,027₹21,008₹29,60,760
9₹26,035₹5,063₹20,972₹29,55,697
10₹26,035₹5,099₹20,936₹29,50,599
11₹26,035₹5,135₹20,900₹29,45,464
12₹26,035₹5,171₹20,864₹29,40,293
13₹26,035₹5,208₹20,827₹29,35,086
14₹26,035₹5,245₹20,790₹29,29,841
15₹26,035₹5,282₹20,753₹29,24,559
16₹26,035₹5,319₹20,716₹29,19,240
17₹26,035₹5,357₹20,678₹29,13,884
18₹26,035₹5,395₹20,640₹29,08,489
19₹26,035₹5,433₹20,602₹29,03,056
20₹26,035₹5,471₹20,563₹28,97,585
21₹26,035₹5,510₹20,525₹28,92,074
22₹26,035₹5,549₹20,486₹28,86,525
23₹26,035₹5,588₹20,446₹28,80,937
24₹26,035₹5,628₹20,407₹28,75,309
25₹26,035₹5,668₹20,367₹28,69,641
26₹26,035₹5,708₹20,327₹28,63,933
27₹26,035₹5,749₹20,286₹28,58,184
28₹26,035₹5,789₹20,245₹28,52,395
29₹26,035₹5,830₹20,204₹28,46,565
30₹26,035₹5,872₹20,163₹28,40,693
31₹26,035₹5,913₹20,122₹28,34,780
32₹26,035₹5,955₹20,080₹28,28,825
33₹26,035₹5,997₹20,038₹28,22,828
34₹26,035₹6,040₹19,995₹28,16,788
35₹26,035₹6,082₹19,952₹28,10,706
36₹26,035₹6,126₹19,909₹28,04,580
37₹26,035₹6,169₹19,866₹27,98,411
38₹26,035₹6,213₹19,822₹27,92,199
39₹26,035₹6,257₹19,778₹27,85,942
40₹26,035₹6,301₹19,734₹27,79,641
41₹26,035₹6,346₹19,689₹27,73,296
42₹26,035₹6,391₹19,644₹27,66,905
43₹26,035₹6,436₹19,599₹27,60,469
44₹26,035₹6,481₹19,553₹27,53,988
45₹26,035₹6,527₹19,507₹27,47,461
46₹26,035₹6,574₹19,461₹27,40,887
47₹26,035₹6,620₹19,415₹27,34,267
48₹26,035₹6,667₹19,368₹27,27,600
49₹26,035₹6,714₹19,321₹27,20,886
50₹26,035₹6,762₹19,273₹27,14,124
51₹26,035₹6,810₹19,225₹27,07,314
52₹26,035₹6,858₹19,177₹27,00,457
53₹26,035₹6,906₹19,128₹26,93,550
54₹26,035₹6,955₹19,079₹26,86,595
55₹26,035₹7,005₹19,030₹26,79,590
56₹26,035₹7,054₹18,980₹26,72,536
57₹26,035₹7,104₹18,930₹26,65,432
58₹26,035₹7,155₹18,880₹26,58,277
59₹26,035₹7,205₹18,829₹26,51,072
60₹26,035₹7,256₹18,778₹26,43,815
61₹26,035₹7,308₹18,727₹26,36,508
62₹26,035₹7,359₹18,675₹26,29,148
63₹26,035₹7,412₹18,623₹26,21,737
64₹26,035₹7,464₹18,571₹26,14,273
65₹26,035₹7,517₹18,518₹26,06,756
66₹26,035₹7,570₹18,465₹25,99,186
67₹26,035₹7,624₹18,411₹25,91,562
68₹26,035₹7,678₹18,357₹25,83,884
69₹26,035₹7,732₹18,303₹25,76,152
70₹26,035₹7,787₹18,248₹25,68,365
71₹26,035₹7,842₹18,193₹25,60,523
72₹26,035₹7,898₹18,137₹25,52,625
73₹26,035₹7,954₹18,081₹25,44,672
74₹26,035₹8,010₹18,025₹25,36,662
75₹26,035₹8,067₹17,968₹25,28,595
76₹26,035₹8,124₹17,911₹25,20,471
77₹26,035₹8,181₹17,853₹25,12,290
78₹26,035₹8,239₹17,795₹25,04,050
79₹26,035₹8,298₹17,737₹24,95,753
80₹26,035₹8,356₹17,678₹24,87,396
81₹26,035₹8,416₹17,619₹24,78,981
82₹26,035₹8,475₹17,559₹24,70,505
83₹26,035₹8,535₹17,499₹24,61,970
84₹26,035₹8,596₹17,439₹24,53,374
85₹26,035₹8,657₹17,378₹24,44,718
86₹26,035₹8,718₹17,317₹24,36,000
87₹26,035₹8,780₹17,255₹24,27,220
88₹26,035₹8,842₹17,193₹24,18,378
89₹26,035₹8,905₹17,130₹24,09,474
90₹26,035₹8,968₹17,067₹24,00,506
91₹26,035₹9,031₹17,004₹23,91,475
92₹26,035₹9,095₹16,940₹23,82,380
93₹26,035₹9,160₹16,875₹23,73,220
94₹26,035₹9,224₹16,810₹23,63,996
95₹26,035₹9,290₹16,745₹23,54,706
96₹26,035₹9,356₹16,679₹23,45,351
97₹26,035₹9,422₹16,613₹23,35,929
98₹26,035₹9,489₹16,546₹23,26,440
99₹26,035₹9,556₹16,479₹23,16,885
100₹26,035₹9,623₹16,411₹23,07,261
101₹26,035₹9,692₹16,343₹22,97,570
102₹26,035₹9,760₹16,274₹22,87,809
103₹26,035₹9,829₹16,205₹22,77,980
104₹26,035₹9,899₹16,136₹22,68,081
105₹26,035₹9,969₹16,066₹22,58,112
106₹26,035₹10,040₹15,995₹22,48,072
107₹26,035₹10,111₹15,924₹22,37,961
108₹26,035₹10,182₹15,852₹22,27,779
109₹26,035₹10,255₹15,780₹22,17,524
110₹26,035₹10,327₹15,707₹22,07,197
111₹26,035₹10,400₹15,634₹21,96,797
112₹26,035₹10,474₹15,561₹21,86,323
113₹26,035₹10,548₹15,486₹21,75,774
114₹26,035₹10,623₹15,412₹21,65,151
115₹26,035₹10,698₹15,336₹21,54,453
116₹26,035₹10,774₹15,261₹21,43,679
117₹26,035₹10,850₹15,184₹21,32,829
118₹26,035₹10,927₹15,108₹21,21,902
119₹26,035₹11,005₹15,030₹21,10,897
120₹26,035₹11,083₹14,952₹20,99,815
121₹26,035₹11,161₹14,874₹20,88,654
122₹26,035₹11,240₹14,795₹20,77,414
123₹26,035₹11,320₹14,715₹20,66,094
124₹26,035₹11,400₹14,635₹20,54,694
125₹26,035₹11,481₹14,554₹20,43,213
126₹26,035₹11,562₹14,473₹20,31,652
127₹26,035₹11,644₹14,391₹20,20,008
128₹26,035₹11,726₹14,308₹20,08,281
129₹26,035₹11,809₹14,225₹19,96,472
130₹26,035₹11,893₹14,142₹19,84,579
131₹26,035₹11,977₹14,057₹19,72,602
132₹26,035₹12,062₹13,973₹19,60,540
133₹26,035₹12,148₹13,887₹19,48,392
134₹26,035₹12,234₹13,801₹19,36,158
135₹26,035₹12,320₹13,714₹19,23,838
136₹26,035₹12,408₹13,627₹19,11,431
137₹26,035₹12,495₹13,539₹18,98,935
138₹26,035₹12,584₹13,451₹18,86,351
139₹26,035₹12,673₹13,362₹18,73,678
140₹26,035₹12,763₹13,272₹18,60,916
141₹26,035₹12,853₹13,181₹18,48,062
142₹26,035₹12,944₹13,090₹18,35,118
143₹26,035₹13,036₹12,999₹18,22,082
144₹26,035₹13,128₹12,906₹18,08,954
145₹26,035₹13,221₹12,813₹17,95,733
146₹26,035₹13,315₹12,720₹17,82,418
147₹26,035₹13,409₹12,625₹17,69,008
148₹26,035₹13,504₹12,530₹17,55,504
149₹26,035₹13,600₹12,435₹17,41,904
150₹26,035₹13,696₹12,338₹17,28,208
151₹26,035₹13,793₹12,241₹17,14,415
152₹26,035₹13,891₹12,144₹17,00,524
153₹26,035₹13,989₹12,045₹16,86,535
154₹26,035₹14,088₹11,946₹16,72,446
155₹26,035₹14,188₹11,846₹16,58,258
156₹26,035₹14,289₹11,746₹16,43,969
157₹26,035₹14,390₹11,645₹16,29,579
158₹26,035₹14,492₹11,543₹16,15,088
159₹26,035₹14,594₹11,440₹16,00,493
160₹26,035₹14,698₹11,337₹15,85,795
161₹26,035₹14,802₹11,233₹15,70,993
162₹26,035₹14,907₹11,128₹15,56,086
163₹26,035₹15,012₹11,022₹15,41,074
164₹26,035₹15,119₹10,916₹15,25,955
165₹26,035₹15,226₹10,809₹15,10,729
166₹26,035₹15,334₹10,701₹14,95,396
167₹26,035₹15,442₹10,592₹14,79,953
168₹26,035₹15,552₹10,483₹14,64,402
169₹26,035₹15,662₹10,373₹14,48,740
170₹26,035₹15,773₹10,262₹14,32,967
171₹26,035₹15,885₹10,150₹14,17,083
172₹26,035₹15,997₹10,038₹14,01,086
173₹26,035₹16,110₹9,924₹13,84,975
174₹26,035₹16,224₹9,810₹13,68,751
175₹26,035₹16,339₹9,695₹13,52,411
176₹26,035₹16,455₹9,580₹13,35,956
177₹26,035₹16,572₹9,463₹13,19,385
178₹26,035₹16,689₹9,346₹13,02,696
179₹26,035₹16,807₹9,227₹12,85,888
180₹26,035₹16,926₹9,108₹12,68,962
181₹26,035₹17,046₹8,988₹12,51,916
182₹26,035₹17,167₹8,868₹12,34,749
183₹26,035₹17,289₹8,746₹12,17,460
184₹26,035₹17,411₹8,624₹12,00,049
185₹26,035₹17,534₹8,500₹11,82,515
186₹26,035₹17,659₹8,376₹11,64,856
187₹26,035₹17,784₹8,251₹11,47,073
188₹26,035₹17,910₹8,125₹11,29,163
189₹26,035₹18,036₹7,998₹11,11,127
190₹26,035₹18,164₹7,870₹10,92,962
191₹26,035₹18,293₹7,742₹10,74,669
192₹26,035₹18,422₹7,612₹10,56,247
193₹26,035₹18,553₹7,482₹10,37,694
194₹26,035₹18,684₹7,350₹10,19,010
195₹26,035₹18,817₹7,218₹10,00,193
196₹26,035₹18,950₹7,085₹9,81,243
197₹26,035₹19,084₹6,950₹9,62,159
198₹26,035₹19,219₹6,815₹9,42,939
199₹26,035₹19,356₹6,679₹9,23,584
200₹26,035₹19,493₹6,542₹9,04,091
201₹26,035₹19,631₹6,404₹8,84,460
202₹26,035₹19,770₹6,265₹8,64,691
203₹26,035₹19,910₹6,125₹8,44,781
204₹26,035₹20,051₹5,984₹8,24,730
205₹26,035₹20,193₹5,842₹8,04,537
206₹26,035₹20,336₹5,699₹7,84,201
207₹26,035₹20,480₹5,555₹7,63,721
208₹26,035₹20,625₹5,410₹7,43,096
209₹26,035₹20,771₹5,264₹7,22,325
210₹26,035₹20,918₹5,116₹7,01,407
211₹26,035₹21,066₹4,968₹6,80,341
212₹26,035₹21,216₹4,819₹6,59,125
213₹26,035₹21,366₹4,669₹6,37,759
214₹26,035₹21,517₹4,517₹6,16,242
215₹26,035₹21,670₹4,365₹5,94,572
216₹26,035₹21,823₹4,212₹5,72,749
217₹26,035₹21,978₹4,057₹5,50,771
218₹26,035₹22,133₹3,901₹5,28,638
219₹26,035₹22,290₹3,745₹5,06,348
220₹26,035₹22,448₹3,587₹4,83,900
221₹26,035₹22,607₹3,428₹4,61,293
222₹26,035₹22,767₹3,267₹4,38,525
223₹26,035₹22,928₹3,106₹4,15,597
224₹26,035₹23,091₹2,944₹3,92,506
225₹26,035₹23,254₹2,780₹3,69,252
226₹26,035₹23,419₹2,616₹3,45,832
227₹26,035₹23,585₹2,450₹3,22,247
228₹26,035₹23,752₹2,283₹2,98,495
229₹26,035₹23,920₹2,114₹2,74,575
230₹26,035₹24,090₹1,945₹2,50,485
231₹26,035₹24,260₹1,774₹2,26,225
232₹26,035₹24,432₹1,602₹2,01,792
233₹26,035₹24,605₹1,429₹1,77,187
234₹26,035₹24,780₹1,255₹1,52,408
235₹26,035₹24,955₹1,080₹1,27,452
236₹26,035₹25,132₹903₹1,02,320
237₹26,035₹25,310₹725₹77,011
238₹26,035₹25,489₹545₹51,521
239₹26,035₹25,670₹365₹25,852
240₹26,035₹25,852₹183₹0

How this is calculated

FID uses the standard reducing-balance method. Interest is charged monthly on the outstanding principal at i = annual rate ÷ 12.

EMI = P × i × (1 + i)n ÷ ((1 + i)n − 1)

Each month: interest = balance × i; principal repaid = EMI − interest; new balance = balance − principal repaid. The last instalment is trimmed so the balance closes at exactly zero.

Full methodology and assumptions →

Questions

How is EMI calculated?

EMI = P × i × (1 + i)^n ÷ ((1 + i)^n − 1), where P is the loan amount, i the monthly interest rate (annual rate ÷ 12) and n the number of monthly instalments. Banks use the same reducing-balance formula.

Why is most of my early EMI interest?

Interest is charged on the outstanding balance, which is highest at the start. As the balance falls, a larger share of the same EMI goes to principal. The schedule shows this month by month.

Does this include processing fees or insurance?

No. Add those separately when comparing loan offers. Floating-rate loans can also change EMI or tenure when the rate is reset.

Estimates for educational purposes only. Not financial, tax or investment advice.

Home Loan Prepayment Calculator Paying extra on your loan? Compare keeping the EMI and finishing early with lowering the EMI instead. SIP Calculator See how a fixed monthly investment could grow when returns compound every month. Step-up SIP Calculator Raise your monthly SIP once a year — for example when your salary goes up — and see what it changes. Lumpsum Calculator Invest once and let it compound. See the estimated value at the end of each year.