Home-loan EMI calculator.
Plug in the loan amount, rate, and tenure. See your monthly EMI, total interest, and what a prepayment would save you. Save up to 12 scenarios on this device for side-by-side comparison.
- Principal48%
- Interest52%
Amortization · year by year
Saved scenarios
Up to 12 scenarios stored on this device. Useful for comparing 8.6% for 20 years vs 9.0% for 15 years vs prepay-at-year-3.
No scenarios saved yet.
About the math
Standard reducing-balance EMI formula: EMI = P × r × (1 + r)n ÷ ((1 + r)n − 1) where P is the principal, r is the monthly interest rate (annual ÷ 12 ÷ 100), and n is the total number of monthly instalments. Prepayment scenarios re-compute the schedule from the affected month forward; the EMI is held constant and the tenure shortens. Floating-rate adjustments and processing fees are not modelled — assume your real-world EMI will be within 1-2% of the figure shown.