Loan EMI Calculator

Plan your loan repayment and understand the true cost of borrowing

Loan Amount

₹

₹1L ₹5Cr

Interest Rate

5% 20%

Loan Tenure

Years

1 Yr 30 Yrs

Loan Type

Enable Prepayment

Prepayment Amount

₹

₹10K ₹50L

After Year

Years

Monthly EMI ₹21,700

Principal Amount ₹25,00,000

Total Interest ₹27,08,099

Total Payment ₹52,08,099

Prepayment Impact Analysis

See how prepayment reduces your interest burden and loan tenure

Without Prepayment

Total Interest ₹27,08,099

Total Payment ₹52,08,099

Loan Tenure 20 years

                            trending_down
                            With Prepayment
                        
                                Total Interest
                                ₹23,15,450
                            
                                Total Payment
                                ₹48,15,450
                            
                                Loan Tenure
                                17.5 years

Interest Saved ₹3,92,649

Tenure Reduced 2.5 years

Total Savings ₹3,92,649

Making a prepayment of ₹2L after 2 years will save you ₹3.9L in interest!

Amortization Schedule

See how your loan gets paid off year by year

Principal

Interest

Year	Principal	Interest	Balance

How EMI is Calculated

EMI = P × r × (1+r)ⁿ / [(1+r)ⁿ - 1], where P is principal, r is monthly rate, and n is tenure in months.

Prepayment Benefits

Making prepayments can significantly reduce your total interest and shorten loan tenure. Even small additional payments towards principal can lead to substantial savings over time. Learn 8 proven strategies to repay your loan early and maximize your savings.

Interest Over Time

In initial years, most of your EMI goes towards interest. As you pay longer, more goes to principal.