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Free tool

EMI Calculator

Estimate your monthly instalment, total interest and total repayment before you apply. Move the sliders to see how amount, rate and tenure change your EMI.

Drag the sliders to match your requirement. Results update instantly.

Your monthly EMI
โ‚น21,696 /mo
Principal amountโ‚น25,00,000
Total interestโ‚น27,07,110
Total payableโ‚น52,07,110
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Good to know

How EMI works

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The formula

EMI = Pร—Rร—(1+R)^N รท [(1+R)^Nโˆ’1], where P is principal, R the monthly rate and N the number of months.

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Longer tenure, lower EMI

Extending tenure reduces the monthly amount but increases total interest paid.

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Rate matters most

Even a 0.5% lower rate can save lakhs over a long home loan โ€” which is why we compare.

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