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Calculate your monthly EMI for home, car, or personal loans — with a full amortization schedule.
EMI Calculator
Typical home loan rates: 8% – 9.5% p.a. depending on lender and credit profile.
Monthly EMI—
Principal amount—
Total interest payable—
Total payment (principal + interest)—
EMI Formula
EMI = P × r × (1+r)n ÷ [(1+r)n − 1]
P = principal, r = monthly interest rate, n = number of monthly installments
In early months, a larger share of your EMI goes toward interest. As the loan matures, more goes toward principal — this is normal amortization behaviour, not an error.
Estimate only. Actual EMI may vary based on processing fees, insurance add-ons, rate type (fixed vs floating), and lender-specific terms. Confirm exact figures with your lender before committing.