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EMI Calculator

Home, car or personal loan — your monthly instalment.

How to use this

EMI is your fixed monthly loan payment. Early EMIs are mostly interest — the schedule shows principal rising over time. Keep your EMI under ~40% of income, and try the prepayment option to see how a lump sum cuts years of interest.

Loan amount
Interest rate (p.a.)
Tenure
Advanced · one-time prepayment
Prepayment amount
Monthly EMI
₹44.99K
Principal₹50L
Interest₹57.97L
Total₹1.08Cr

A ₹50,00,000 loan at 9% over 20 years costs ₹44,986/month₹57,96,711 of it is interest.

Year-by-year breakdown

How ₹50,00,000 is repaid each year (principal rises, interest falls)

YearPrincipalInterestBalance
1₹93,636₹4,46,200₹49,06,364
2₹1,02,419₹4,37,416₹48,03,945
3₹1,12,027₹4,27,809₹46,91,918
4₹1,22,536₹4,17,300₹45,69,383
5₹1,34,030₹4,05,805₹44,35,352
6₹1,46,603₹3,93,232₹42,88,749
7₹1,60,356₹3,79,480₹41,28,393
8₹1,75,398₹3,64,437₹39,52,995
9₹1,91,852₹3,47,984₹37,61,143
10₹2,09,849₹3,29,987₹35,51,294
11₹2,29,534₹3,10,301₹33,21,760
12₹2,51,066₹2,88,770₹30,70,694
13₹2,74,618₹2,65,218₹27,96,076
14₹3,00,379₹2,39,457₹24,95,697
15₹3,28,556₹2,11,279₹21,67,141
16₹3,59,377₹1,80,458₹18,07,764
17₹3,93,089₹1,46,746₹14,14,674
18₹4,29,964₹1,09,872₹9,84,710
19₹4,70,297₹69,538₹5,14,413
20₹5,14,413₹25,421₹0
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Frequently asked

How is EMI calculated?
EMI = P·i·(1+i)^n ÷ ((1+i)^n − 1), where P is the loan amount, i the monthly interest rate and n the number of months. Arthly uses the reducing-balance method banks use.
Is the EMI Calculator free to use?
Yes — every Arthly calculator is free, with no sign-up or app install required.
How accurate is the EMI Calculator?
It uses standard financial formulas and current FY 2025-26 rates. Results are estimates to help you plan, not personalised financial advice — confirm details with your bank, fund or the relevant department.