EMI Calculator
Calculate your Equated Monthly Installment (EMI) for loans. Plan your finances better with our accurate EMI calculator.
Loan Calculator
EMI Breakdown
₹8,885
Monthly EMI
₹106,619
Total Amount
₹6,619
Total Interest
Loan Summary
| Principal Amount: | ₹100,000 |
| Interest Rate: | 12.0% p.a. |
| Loan Tenure: | 12 months |
| Monthly EMI: | ₹8,885 |
Amortization Schedule (First 12 Months)
| Month | EMI | Principal | Interest | Balance |
|---|
EMI Calculation Tips
Lower Interest Rate
Compare rates from multiple lenders to get the best deal and reduce your EMI burden.
Choose Right Tenure
Longer tenure means lower EMI but higher total interest. Find the right balance for your budget.
Prepayment Benefits
Making prepayments can significantly reduce your total interest burden and loan tenure.