Calculators

EMI Calculator

Calculate your exact monthly loan EMI, total interest payable, and get a complete year-by-year amortisation table.

🏠 EMI Calculator
Loan Amount (₹)₹50,00,000
Annual Interest Rate (%)8.5%
Loan Tenure (Years)20 yrs
Monthly EMI
₹43,391
For ₹50L home loan at 8.5% for 20 years
Principal Amount₹50,00,000
Total Interest Payable₹54,13,820
Total Amount Payable₹1,04,13,820
Interest-to-Principal Ratio108.3%
Principal
Interest

Amortisation Schedule

YearEMI PaidPrincipal PaidInterest PaidBalance

Loan Planning Tips

💡
Prepay When Possible

Prepaying even ₹50,000–1 lakh annually on a home loan can save lakhs in interest and shorten tenure significantly. Most banks allow part-prepayment without penalty.

📉
Shorter Tenure = Massive Savings

A ₹50L loan at 8.5% for 15 years costs ₹36L in interest vs ₹54L for 20 years. Higher EMI short-term, but enormous savings long-term.

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Balance Transfer

If rates have fallen since you took the loan, a balance transfer to a lower-rate lender can save 0.5–1% on remaining principal — often worth the switching cost.

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