Estimate monthly loan EMIs with full schedule.
Before signing a home, car or personal loan, you should know exactly how much you'll pay each month — and how much of it is interest. Our EMI calculator uses the standard reducing-balance formula and shows a year-by-year breakdown so you can plan prepayments.
EMI = P × r × (1+r)^n / ((1+r)^n − 1), where r is monthly rate and n is months.
No. Add 0.5–2% of the loan as processing fees separately.
Most banks allow prepayment with no penalty on floating-rate loans. Check your loan agreement.
Interest is recalculated each month on the remaining principal — the standard for almost all consumer loans in India.
