Loan EMI Calculator
Calculate your Equated Monthly Installment with detailed amortization schedule
Loan Details
₹10,00,000
₹1,000
₹1 Cr
8.5%
1%
30%
5 Years
1 Year
30 Years
EMI Breakdown
Monthly EMI
₹20,000
Principal Amount
₹10,00,000
Total Interest
₹2,00,000
Total Payment
₹12,00,000
Processing Fee
₹10,000
Payment Distribution
Amortization Schedule
| Year | Principal | Interest | Total Payment | Balance |
|---|
| Month | Principal | Interest | Total | Balance |
|---|
Showing first 12 months of total loan period
Loan Summary
Loan Tenure
5 Years
Interest Rate
8.5% per year
Processing Fee
1%
Annual Prepayment
0%
How EMI is Calculated?
EMI = [P x R x (1+R)^N] / [(1+R)^N-1]
P = Principal Loan Amount
R = Monthly Interest Rate
N = Loan Tenure in Months