Loan EMI Calculator
Calculate Equated Monthly Installment (EMI) for home, car, or personal loans with amortization schedule
₹
Monthly EMI
₹6,334
Pay this amount every month for 10 years
Principal Amount
₹5,00,000
Loan amount
Total Interest
₹2,60,055
Interest payable
Total Payment
₹7,60,055
Principal + Interest
Payment Breakdown
Yearly Payment Split
Loan Summary
Loan Amount:₹5,00,000
Interest Rate:9% p.a.
Loan Tenure:10 years (120 months)
Monthly EMI:₹6,334
Principal Repayment:₹5,00,000
Total Interest:₹2,60,055
Total Payment:₹7,60,055
Interest/Principal Ratio:52.0%
Amortization Schedule
EMI Calculation Formula
EMI = [P × r × (1+r)^n] / [(1+r)^n - 1]
P = Principal loan amount (₹5,00,000)
r = Monthly interest rate (0.7500%)
n = Total number of months (120)