Calculate your monthly loan EMI, total interest, and total repayment for a home, car, or personal loan. Enter the amount, rate, and tenure to see a full year-by-year amortization schedule.
Your EMI stays fixed for the life of the loan, but the split behind it doesn't. Early payments are mostly interest; later ones are mostly principal. The year-by-year schedule shows exactly how that balance shifts over time, not just a single flat monthly figure.
A longer tenure lowers your monthly EMI but increases the total interest paid, since you're borrowing the money for longer. The total repayment figure makes that trade-off concrete, worth checking at a couple of different tenure lengths before you commit.
No, the calculation covers principal, rate, and tenure only. Add any fees or insurance separately to your total cost estimate.
Yes, use Export Schedule (CSV) to download the full year-by-year breakdown.
Enter your current rate for an estimate. Re-run the calculation with a new rate whenever your bank adjusts it.
Shorter means a higher EMI but noticeably less total interest. Longer eases monthly cash flow at the cost of paying more overall. It depends on what payment you can comfortably sustain each month.