EMI Calculator Dekho
An EMI Calculator Dekho is a simple, fast, and reliable tool that helps you figure out the exact monthly installment you need to pay to repay your loan. Enter your loan amount, interest rate, and tenure to instantly calculate your EMI and plan your monthly budget with confidence.
EMI Calculator
Calculate your Equated Monthly Installment for Home, Car, and Personal Loans
Loan Amount
₹
₹1L
₹5Cr
Interest Rate (% per annum)
%
5%
20%
Loan Tenure
Years
1 Year
30 Years
Monthly EMI
₹21,238
You need to pay this amount every month
Principal Amount
₹25,00,000
Total Interest
₹25,97,120
Total Payment
₹50,97,120
💰 Payment Breakdown
Principal: ₹25,00,000
Interest: ₹25,97,120
📊 Amortization Schedule (First 12 Months)
| Month | Principal | Interest | EMI | Balance |
|---|
ℹ️
EMI Calculation Formula
EMI = [P × R × (1+R)^N] / [(1+R)^N – 1], where P = Principal loan amount, R = Monthly interest rate (Annual Rate/12/100), N = Loan tenure in months. The EMI comprises both principal and interest components. Initially, the interest component is higher, but it decreases over time while the principal component increases.
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