Free Online Calculator
Loan EMI Calculator
Calculate your monthly loan EMI, total interest payable, and total repayment instantly.
Loan Parameters
₹5,00,000.00
₹
Minimum supported loan amount is ₹1.
12%
%
5 years (60 months)
Calculated BreakdownMonthly EMI and total repayment structure
MONTHLY EMI₹11,122.22
Principal Amount₹5,00,000.00
Total Interest Payable₹1,67,333.43
Total Amount Payable₹6,67,333.43
Principal vs Interest Share
EMI Summary & Overview
Comprehensive financial summary for your planned loan
Loan Amount₹5,00,000.00
Interest Rate12% p.a.
Tenure5 years
Monthly EMI₹11,122.22
Total Interest₹1,67,333.43
Total Payment₹6,67,333.43
Loan Amortization Schedule
Yearly and monthly principal & interest payment schedule
| Year | Opening Balance | Principal Paid | Interest Paid | Total EMI Paid | Closing Balance |
|---|---|---|---|---|---|
| Year 1 | ₹5,00,000.00 | ₹77,645.12 | ₹55,821.56 | ₹1,33,466.69 | ₹4,22,354.88 |
| Year 2 | ₹4,22,354.88 | ₹87,492.47 | ₹45,974.22 | ₹1,33,466.69 | ₹3,34,862.41 |
| Year 3 | ₹3,34,862.41 | ₹98,588.70 | ₹34,877.98 | ₹1,33,466.69 | ₹2,36,273.71 |
| Year 4 | ₹2,36,273.71 | ₹1,11,092.22 | ₹22,374.47 | ₹1,33,466.69 | ₹1,25,181.49 |
| Year 5 | ₹1,25,181.49 | ₹1,25,181.49 | ₹8,285.20 | ₹1,33,466.69 | ₹0.00 |
Understanding Loan EMI Calculation
Frequently asked questions about loan EMIs, calculation formulas, and features.
Equated Monthly Instalments (EMI) are fixed monthly payments made by a borrower to a lender or financial institution to repay a loan over a selected tenure.