EMI calculator
Calculate your monthly EMI on home, car, or personal loans.
Last reviewed: August 2026 · Figures are estimates for general planning only — see the explanation below for this calculator's specific assumptions.
if you borrow ₹20,00,000 at 8.5% for 20 years, your EMI works out to about ₹17,356 a month — ₹21,65,552 in total interest over the loan, for a total of ₹41,65,552 repaid. See how much a monthly SIP of a similar size could grow to instead
What is an EMI calculator?
An EMI (Equated Monthly Installment) calculator computes the fixed monthly amount you repay on a loan, using the reducing-balance method — the standard method used by Indian banks and NBFCs for home, car, and personal loans.
Frequently asked questions
How can I reduce my EMI?
Increase the loan tenure, make a part-prepayment to reduce principal, or negotiate a lower interest rate — each reduces the EMI, though a longer tenure increases total interest paid.
Common questions answered
- What is the EMI on a ₹18 lakh loan at 11% for 8 years?
- What is the EMI on a ₹40 lakh home loan at 8.75% for 25 years?
- What EMI would a ₹15 lakh loan at 10% for 10 years cost?
- How much is the EMI on a ₹60 lakh home loan at 8.5% for 20 years?
- What is the EMI on a ₹10 lakh car loan at 9% for 7 years?
- What is the EMI on a ₹8 lakh car loan at 9.5% for 6 years?
- How much EMI for a ₹55 lakh home loan at 8.75% for 15 years?
- What is the EMI on a ₹35 lakh home loan at 9% for 30 years?
- What is the EMI on a ₹20 lakh loan at 10.5% for 10 years?
- How much EMI for a ₹6 lakh car loan at 10% for 5 years?
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Anonymous, not linked to any account — based only on real calculations made on this page. Click any entry to see it worked out.