EMI Calculator
Calculate your EMI and see how extra payments can save interest and reduce tenure.
Loan Details
Enter rate between 7.00% and 30.00% (two decimals).
Enter Your Loan Details
Fill in loan details and click Calculate EMI to see normal EMI and schedule. Optionally add extra payment to see forecast (interest saved, tenure reduced).
Instructions
Follow these steps to use the calculator
- 1Enter your loan amount, ROI, and tenure (in months or years) to calculate the EMI.
- 2Optional — Enter the extra payment amount and choose whether to reduce the EMI or the tenure.
- 3View the updated EMI, total interest, and interest saved.
- 4Check your upcoming EMIs, current EMIs, and past EMIs (enter accurate details for precise results).
- 5Note: The results are estimates. Actual figures may vary based on bank terms and prepayment conditions.
Frequently Asked Questions
Tap a question to expand