EMI Calculator

Calculate your home loan EMI and plan your finances

Loan Details

₹1L₹5Cr
5%20%
1 Year30 Years

Monthly EMI

₹43,391.16

Total Amount

₹1,04,13,878.8

Total Interest

₹54,13,878.8

Payment Breakdown

Principal Amount₹50,00,000
Total Interest₹54,13,878.8
Total Payment₹1,04,13,878.8

Loan Split

Principal48.0%
Interest52.0%

Understanding EMI

What is EMI?

EMI (Equated Monthly Installment) is the fixed payment amount made by a borrower to a lender at a specified date each month.

How it's Calculated

EMI = [P x R x (1+R)^N]/[(1+R)^N-1], where P is principal, R is monthly interest rate, and N is tenure in months.

Factors Affecting EMI

Loan amount, interest rate, and tenure are the three key factors that determine your monthly EMI payment.

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