EMI Calculator
Calculate your Home Loan EMI, Total Interest Payable, and Total Payment breakdown by entering your loan details below.
₹
₹1L
₹10Cr
%
1%
15%
Yrs
1 Year
30 Years
Monthly EMI
₹ 43,391
Principal Amount
₹ 50,00,000
Total Interest
₹
54,13,879
Total Payable
₹ 1,04,13,879
Principal
Interest
48%
52%
How is EMI Calculated?
EMI (Equated Monthly Installment) is calculated using the formula:
E = P x R x (1+R)^N / [(1+R)^N-1]
Where P is Loan Amount, R is monthly
interest rate, and N is tenure in months.