EMI Calculator

Estimate your monthly instalment with Indian bank conventions and understand principal vs interest split.

Reverse tip: If you know your ideal EMI, start with a preset below and tweak values to approximate the target.

Inputs

Ten Lakh Rupees

% p.a.

Banks often offer 8-11% for secured loans.

Results
Principal
₹10,00,000.00
Interest
₹2,60,111.68

Based on 5.0 years (60 months) tenure.

Monthly EMI₹21,001.86
Total Payment₹12,60,111.68
Total Interest₹2,60,111.68
Amortization Details

Monthly Schedule

Filter the installments by loan year for clearer tracking.

Viewing

Opening

₹10,00,000.00

Interest paid

₹87,979.31

Principal repaid

₹1,64,043.03

Closing

₹8,35,956.97

Detailed month-wise split for 60 months.
MonthOpeningInterestPrincipalClosing
1₹10,00,000.00₹7,916.67₹13,085.19₹9,86,914.81
2₹9,86,914.81₹7,813.08₹13,188.79₹9,73,726.02
3₹9,73,726.02₹7,708.66₹13,293.20₹9,60,432.82
4₹9,60,432.82₹7,603.43₹13,398.43₹9,47,034.39
5₹9,47,034.39₹7,497.36₹13,504.51₹9,33,529.88
6₹9,33,529.88₹7,390.44₹13,611.42₹9,19,918.47
7₹9,19,918.47₹7,282.69₹13,719.17₹9,06,199.29
8₹9,06,199.29₹7,174.08₹13,827.78₹8,92,371.51
9₹8,92,371.51₹7,064.61₹13,937.25₹8,78,434.26
10₹8,78,434.26₹6,954.27₹14,047.59₹8,64,386.66
11₹8,64,386.66₹6,843.06₹14,158.80₹8,50,227.86
12₹8,50,227.86₹6,730.97₹14,270.89₹8,35,956.97