EMI Calculator India
Calculate your monthly EMI, total interest, and complete repayment schedule for home loans in India
Important Disclaimer
This tool is for educational and estimation purposes only. Actual results may vary. Please consult a certified financial planner before making financial decisions.
Home Loan Details
Enter your loan parameters to calculate EMI instantly
50.00 L
9%
20 years
EMI Calculation Assumptions
- •Standard Amortized Loan: Fixed EMIs with reducing balance method
- •Monthly Payments: EMIs assumed to be paid at the end of each month
- •No Prepayments: No prepayments, foreclosures, or part-payments considered
- •Fixed Interest Rate: Constant rate for entire tenure (actual rates may vary in floating loans)
- •Rounded Values: All values are approximate and rounded for simplicity
Understanding Home Loan EMI
EMI (Equated Monthly Installment) is the fixed amount you pay every month towards your home loan. It includes both principal and interest components.
In the initial years, a larger portion of your EMI goes towards interest payment, while in later years, more goes towards principal repayment. This is called the amortization schedule.
Pro Tip: Use our Zero-Interest Planner to see how you can offset your loan interest with smart SIP investments!