TrendNitiLoans
EMI calculator
Estimate monthly loan repayments and total interest.
Monthly EMI
₹12,668Cumulative repaymentsLoan balance
- Principal₹10,00,000 · 65.8%
- Total interest₹5,20,109 · 34.2%
- Principal
- ₹10,00,000
- Total interest
- ₹5,20,109
- Total repayment
- ₹15,20,109
View year-by-year projection
| Year | Cumulative repayments | Loan balance |
|---|---|---|
| 1 | ₹1,52,011 | ₹9,35,366 |
| 2 | ₹3,04,022 | ₹8,64,669 |
| 3 | ₹4,56,033 | ₹7,87,340 |
| 4 | ₹6,08,044 | ₹7,02,757 |
| 5 | ₹7,60,055 | ₹6,10,240 |
| 6 | ₹9,12,066 | ₹5,09,044 |
| 7 | ₹10,64,076 | ₹3,98,355 |
| 8 | ₹12,16,087 | ₹2,77,282 |
| 9 | ₹13,68,098 | ₹1,44,853 |
| 10 | ₹15,20,109 | ₹0 |
How this calculation works
EMI = P × r × (1 + r)^n / ((1 + r)^n − 1), where r is monthly rate and n is months. At zero interest, EMI = P / n.
Assumptions and limits
Fixed interest rate, monthly reducing balance, repayments at month-end. Fees, insurance and prepayments excluded.
Default values are examples, not forecasts or product offers. Change them to reflect your situation. Calculations run without an account. No result is saved to your portfolio.
Example
Using Loan principal (₹): 1000000; Duration (years): 10; Assumed annual rate (%): 9, monthly emi is ₹12,668.