EMI Calculator

Monthly EMI, total interest and total repayment for any loan, with rate and tenure what-ifs and a printable summary.

Typical: 11–18% unsecured, 9–14% LAP
monthly emi
₹0
Total interest₹0
Total repayment₹0
Processing fee₹0
Effective cost₹0
Interest as % of principal0%
Monthly interest burden₹0
₹0
Principal
₹0
Total interest
₹0
Processing fee

Indicative split of your total repayment for the selected tenure. Longer tenures raise the interest share — try 12 vs 60 months above. Verify final terms with the lender.

Amortisation

first 12 months
MonthEMIPrincipalInterestBalance

Quick scenarios

tenure impact

How to use the EMI calculator

  1. Enter the loan amount, annual interest rate and tenure.
  2. Read the EMI, total interest and total repayment.
  3. Try the what-if buttons to see the effect of a lower rate or shorter tenure.

About this tool

EMI is the fixed monthly payment that clears a reducing-balance loan by the end of its tenure. Use this before you accept an offer to see how much of what you pay is interest.

Built and reviewed by Savitar Finance (savitarfinance@gmail.com). Rules and rates last checked October 2026. How we calculate · Report a problem

Questions people ask

How is EMI calculated?

EMI = P × r × (1+r)n ÷ ((1+r)n − 1), where P is the principal, r the monthly rate (annual rate ÷ 12 ÷ 100) and n the number of months.

Does a longer tenure save money?

No. A longer tenure lowers the EMI but raises total interest, because you borrow the money for longer.