EMI Calculator (Home, Car, Personal Loan)
Calculate your equated monthly installment (EMI), total interest payable, and generate a full month-by-month and year-by-year amortization schedule.
Adjust Inputs
Real-Time UpdatePayable every month
Interest over full tenure
Principal + Total Interest
Visual Breakdown
Interactive GraphicDetailed Breakdown & Amortization Schedule
Showing 10 of 20 periods
| Tenure Year | Opening Balance | EMI Paid | Principal Paid | Interest Paid | Closing Balance |
|---|---|---|---|---|---|
| Year 1 | ₹25,00,000 | ₹2,60,352 | ₹49,761 | ₹2,10,591 | ₹24,50,239 |
| Year 2 | ₹24,50,239 | ₹2,60,352 | ₹54,159 | ₹2,06,193 | ₹23,96,080 |
| Year 3 | ₹23,96,080 | ₹2,60,352 | ₹58,947 | ₹2,01,405 | ₹23,37,133 |
| Year 4 | ₹23,37,133 | ₹2,60,352 | ₹64,157 | ₹1,96,195 | ₹22,72,976 |
| Year 5 | ₹22,72,976 | ₹2,60,352 | ₹69,828 | ₹1,90,524 | ₹22,03,148 |
| Year 6 | ₹22,03,148 | ₹2,60,352 | ₹76,000 | ₹1,84,352 | ₹21,27,148 |
| Year 7 | ₹21,27,148 | ₹2,60,352 | ₹82,718 | ₹1,77,634 | ₹20,44,431 |
| Year 8 | ₹20,44,431 | ₹2,60,352 | ₹90,029 | ₹1,70,323 | ₹19,54,402 |
| Year 9 | ₹19,54,402 | ₹2,60,352 | ₹97,987 | ₹1,62,365 | ₹18,56,415 |
| Year 10 | ₹18,56,415 | ₹2,60,352 | ₹1,06,648 | ₹1,53,704 | ₹17,49,767 |
EMI = [P × r × (1 + r)^n] / [(1 + r)^n - 1] Where P = ₹25,00,000, r = 0.007083 (monthly rate), n = 240 months.
- Calculated on standard reducing balance method.
- Assumes interest rate remains fixed throughout the selected tenure.
- Prepayments, processing fees, and taxes are excluded.
Need assistance with Startup India & DPIIT Advisory?
DPIIT Certificate, Section 80-IAC 3-year tax holiday & pitch deck preparation.
Understanding the EMI Calculator (Home, Car, Personal Loan)
This calculator provides real-time, mathematically verified computations for Indian tax payers, investors, and businesses. All algorithms are calibrated to Indian statutory standards including the Income Tax Act 1961, CGST Act 2017, and standard banking annuity models.
How It Works
- Enter your baseline financial values using the input fields or interactive sliders.
- Observe instant changes in the summary metrics and visual breakdown charts without page reloads.
- Review the year-by-year or month-by-month amortization schedule for long-term clarity.
- Export your results via CSV or print a clean summary for your tax consultant or accountant.
Standard Annuity Formula P * r * (1 + r)^n / ((1 + r)^n - 1)
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