EMI Calculator
Calculate monthly EMI for home loans, car loans, and personal loans. View the complete payment breakdown and amortization schedule.
₹50,000₹5Cr
1%30%
1 yr30 yrs
₹
Monthly EMI
₹43,391
Total Interest
₹54,13,879
Total Payment
₹1,04,13,879
Principal vs Interest Breakdown
Principal: ₹50,00,000(48.0%)
Interest: ₹54,13,879(52.0%)
Total of 240 monthly installments of ₹43,391 each
Yearly Amortization Schedule
| Year | Principal Paid | Interest Paid | Outstanding Balance |
|---|---|---|---|
| 1 | ₹99,511 | ₹4,21,182 | ₹49,00,489 |
| 2 | ₹1,08,307 | ₹4,12,387 | ₹47,92,181 |
| 3 | ₹1,17,881 | ₹4,02,813 | ₹46,74,300 |
| 4 | ₹1,28,300 | ₹3,92,394 | ₹45,46,000 |
| 5 | ₹1,39,641 | ₹3,81,053 | ₹44,06,359 |
| 6 | ₹1,51,984 | ₹3,68,710 | ₹42,54,375 |
| 7 | ₹1,65,418 | ₹3,55,276 | ₹40,88,957 |
| 8 | ₹1,80,039 | ₹3,40,655 | ₹39,08,918 |
| 9 | ₹1,95,953 | ₹3,24,741 | ₹37,12,965 |
| 10 | ₹2,13,274 | ₹3,07,420 | ₹34,99,691 |
| 11 | ₹2,32,125 | ₹2,88,569 | ₹32,67,566 |
| 12 | ₹2,52,643 | ₹2,68,051 | ₹30,14,923 |
| 13 | ₹2,74,974 | ₹2,45,720 | ₹27,39,949 |
| 14 | ₹2,99,279 | ₹2,21,415 | ₹24,40,670 |
| 15 | ₹3,25,733 | ₹1,94,961 | ₹21,14,937 |
| 16 | ₹3,54,525 | ₹1,66,169 | ₹17,60,412 |
| 17 | ₹3,85,862 | ₹1,34,832 | ₹13,74,550 |
| 18 | ₹4,19,968 | ₹1,00,726 | ₹9,54,582 |
| 19 | ₹4,57,090 | ₹63,604 | ₹4,97,492 |
| 20 | ₹4,97,492 | ₹23,202 | ₹0 |
| Total | ₹50,00,000 | ₹54,13,879 | ₹0 |
EMI Formula
EMI = [P × R × (1+R)^N] / [(1+R)^N - 1]
- P = Principal loan amount
- R = Monthly interest rate (Annual ÷ 12 ÷ 100)
- N = Total number of monthly installments
How It Works
EMI (Equated Monthly Installment) is a fixed payment made by a borrower to a lender each month. In the initial years, a larger portion goes toward interest. Over time, as the principal reduces, more of your EMI goes toward principal repayment.