EMI Calculator

Calculate EMI (Equated Monthly Instalment) for a fixed rate loan spanned across years with annual and monthly amortization tables.
You can calculate principal and interest components for financial years which are useful for tax calculations.


Loan Parameters
Loan Amount
$
Interest rate
%
Loan term
years
EMI Date
Repayment Details

Loan Amount = $ 10,00,000

EMI = $ 11,011

Total Interest = $ 16,42,607

Total Payments = $ 26,42,607

Periods = 240 months

Last EMI Date = 18-April-2044

Repayment Chart
Payment Distribution Graph
Amortization Table
Year Total Payment Interest Principal Balance
  1 $ 1,32,130 $ 1,19,310 $ 12,820 $ 9,87,180
May-2024 11,011 10,000 1,011 9,98,989
June-2024 11,011 9,990 1,021 9,97,968
July-2024 11,011 9,980 1,031 9,96,937
August-2024 11,011 9,969 1,041 9,95,895
September-2024 11,011 9,959 1,052 9,94,844
October-2024 11,011 9,948 1,062 9,93,781
November-2024 11,011 9,938 1,073 9,92,708
December-2024 11,011 9,927 1,084 9,91,624
January-2025 11,011 9,916 1,095 9,90,530
February-2025 11,011 9,905 1,106 9,89,424
March-2025 11,011 9,894 1,117 9,88,308
April-2025 11,011 9,883 1,128 9,87,180
  2 $ 1,32,130 $ 1,17,684 $ 14,446 $ 9,72,734
May-2025 11,011 9,872 1,139 9,86,041
June-2025 11,011 9,860 1,150 9,84,890
July-2025 11,011 9,849 1,162 9,83,728
August-2025 11,011 9,837 1,174 9,82,555
September-2025 11,011 9,826 1,185 9,81,369
October-2025 11,011 9,814 1,197 9,80,172
November-2025 11,011 9,802 1,209 9,78,963
December-2025 11,011 9,790 1,221 9,77,742
January-2026 11,011 9,777 1,233 9,76,508
February-2026 11,011 9,765 1,246 9,75,263
March-2026 11,011 9,753 1,258 9,74,004
April-2026 11,011 9,740 1,271 9,72,734
  3 $ 1,32,130 $ 1,15,852 $ 16,278 $ 9,56,455
May-2026 11,011 9,727 1,284 9,71,450
June-2026 11,011 9,715 1,296 9,70,154
July-2026 11,011 9,702 1,309 9,68,844
August-2026 11,011 9,688 1,322 9,67,522
September-2026 11,011 9,675 1,336 9,66,186
October-2026 11,011 9,662 1,349 9,64,837
November-2026 11,011 9,648 1,362 9,63,475
December-2026 11,011 9,635 1,376 9,62,099
January-2027 11,011 9,621 1,390 9,60,709
February-2027 11,011 9,607 1,404 9,59,305
March-2027 11,011 9,593 1,418 9,57,887
April-2027 11,011 9,579 1,432 9,56,455
  4 $ 1,32,130 $ 1,13,788 $ 18,343 $ 9,38,112
May-2027 11,011 9,565 1,446 9,55,009
June-2027 11,011 9,550 1,461 9,53,548
July-2027 11,011 9,535 1,475 9,52,073
August-2027 11,011 9,521 1,490 9,50,583
September-2027 11,011 9,506 1,505 9,49,078
October-2027 11,011 9,491 1,520 9,47,558
November-2027 11,011 9,476 1,535 9,46,022
December-2027 11,011 9,460 1,551 9,44,472
January-2028 11,011 9,445 1,566 9,42,905
February-2028 11,011 9,429 1,582 9,41,324
March-2028 11,011 9,413 1,598 9,39,726
April-2028 11,011 9,397 1,614 9,38,112
  5 $ 1,32,130 $ 1,11,461 $ 20,669 $ 9,17,443
May-2028 11,011 9,381 1,630 9,36,483
June-2028 11,011 9,365 1,646 9,34,837
July-2028 11,011 9,348 1,662 9,33,174
August-2028 11,011 9,332 1,679 9,31,495
September-2028 11,011 9,315 1,696 9,29,799
October-2028 11,011 9,298 1,713 9,28,086
November-2028 11,011 9,281 1,730 9,26,356
December-2028 11,011 9,264 1,747 9,24,609
January-2029 11,011 9,246 1,765 9,22,844
February-2029 11,011 9,228 1,782 9,21,062
March-2029 11,011 9,211 1,800 9,19,262
April-2029 11,011 9,193 1,818 9,17,443
  6 $ 1,32,130 $ 1,08,840 $ 23,291 $ 8,94,153
May-2029 11,011 9,174 1,836 9,15,607
June-2029 11,011 9,156 1,855 9,13,752
July-2029 11,011 9,138 1,873 9,11,879
August-2029 11,011 9,119 1,892 9,09,987
September-2029 11,011 9,100 1,911 9,08,076
October-2029 11,011 9,081 1,930 9,06,146
November-2029 11,011 9,061 1,949 9,04,196
December-2029 11,011 9,042 1,969 9,02,227
January-2030 11,011 9,022 1,989 9,00,239
February-2030 11,011 9,002 2,008 8,98,230
March-2030 11,011 8,982 2,029 8,96,202
April-2030 11,011 8,962 2,049 8,94,153
  7 $ 1,32,130 $ 1,05,886 $ 26,244 $ 8,67,908
May-2030 11,011 8,942 2,069 8,92,083
June-2030 11,011 8,921 2,090 8,89,993
July-2030 11,011 8,900 2,111 8,87,882
August-2030 11,011 8,879 2,132 8,85,750
September-2030 11,011 8,858 2,153 8,83,597
October-2030 11,011 8,836 2,175 8,81,422
November-2030 11,011 8,814 2,197 8,79,226
December-2030 11,011 8,792 2,219 8,77,007
January-2031 11,011 8,770 2,241 8,74,766
February-2031 11,011 8,748 2,263 8,72,503
March-2031 11,011 8,725 2,286 8,70,217
April-2031 11,011 8,702 2,309 8,67,908
  8 $ 1,32,130 $ 1,02,558 $ 29,573 $ 8,38,336
May-2031 11,011 8,679 2,332 8,65,577
June-2031 11,011 8,656 2,355 8,63,222
July-2031 11,011 8,632 2,379 8,60,843
August-2031 11,011 8,608 2,402 8,58,441
September-2031 11,011 8,584 2,426 8,56,014
October-2031 11,011 8,560 2,451 8,53,563
November-2031 11,011 8,536 2,475 8,51,088
December-2031 11,011 8,511 2,500 8,48,588
January-2032 11,011 8,486 2,525 8,46,063
February-2032 11,011 8,461 2,550 8,43,513
March-2032 11,011 8,435 2,576 8,40,937
April-2032 11,011 8,409 2,601 8,38,336
  9 $ 1,32,130 $ 98,807 $ 33,323 $ 8,05,012
May-2032 11,011 8,383 2,628 8,35,708
June-2032 11,011 8,357 2,654 8,33,054
July-2032 11,011 8,331 2,680 8,30,374
August-2032 11,011 8,304 2,707 8,27,667
September-2032 11,011 8,277 2,734 8,24,933
October-2032 11,011 8,249 2,762 8,22,171
November-2032 11,011 8,222 2,789 8,19,382
December-2032 11,011 8,194 2,817 8,16,565
January-2033 11,011 8,166 2,845 8,13,720
February-2033 11,011 8,137 2,874 8,10,846
March-2033 11,011 8,108 2,902 8,07,944
April-2033 11,011 8,079 2,931 8,05,012
  10 $ 1,32,130 $ 94,581 $ 37,550 $ 7,67,463
May-2033 11,011 8,050 2,961 8,02,052
June-2033 11,011 8,021 2,990 7,99,061
July-2033 11,011 7,991 3,020 7,96,041
August-2033 11,011 7,960 3,050 7,92,991
September-2033 11,011 7,930 3,081 7,89,910
October-2033 11,011 7,899 3,112 7,86,798
November-2033 11,011 7,868 3,143 7,83,655
December-2033 11,011 7,837 3,174 7,80,481
January-2034 11,011 7,805 3,206 7,77,275
February-2034 11,011 7,773 3,238 7,74,036
March-2034 11,011 7,740 3,270 7,70,766
April-2034 11,011 7,708 3,303 7,67,463
  11 $ 1,32,130 $ 89,819 $ 42,312 $ 7,25,151
May-2034 11,011 7,675 3,336 7,64,127
June-2034 11,011 7,641 3,370 7,60,757
July-2034 11,011 7,608 3,403 7,57,354
August-2034 11,011 7,574 3,437 7,53,916
September-2034 11,011 7,539 3,472 7,50,445
October-2034 11,011 7,504 3,506 7,46,938
November-2034 11,011 7,469 3,541 7,43,397
December-2034 11,011 7,434 3,577 7,39,820
January-2035 11,011 7,398 3,613 7,36,207
February-2035 11,011 7,362 3,649 7,32,558
March-2035 11,011 7,326 3,685 7,28,873
April-2035 11,011 7,289 3,722 7,25,151
  12 $ 1,32,130 $ 84,452 $ 47,678 $ 6,77,473
May-2035 11,011 7,252 3,759 7,21,392
June-2035 11,011 7,214 3,797 7,17,595
July-2035 11,011 7,176 3,835 7,13,760
August-2035 11,011 7,138 3,873 7,09,887
September-2035 11,011 7,099 3,912 7,05,975
October-2035 11,011 7,060 3,951 7,02,023
November-2035 11,011 7,020 3,991 6,98,033
December-2035 11,011 6,980 4,031 6,94,002
January-2036 11,011 6,940 4,071 6,89,931
February-2036 11,011 6,899 4,112 6,85,820
March-2036 11,011 6,858 4,153 6,81,667
April-2036 11,011 6,817 4,194 6,77,473
  13 $ 1,32,130 $ 78,406 $ 53,725 $ 6,23,748
May-2036 11,011 6,775 4,236 6,73,237
June-2036 11,011 6,732 4,278 6,68,958
July-2036 11,011 6,690 4,321 6,64,637
August-2036 11,011 6,646 4,364 6,60,273
September-2036 11,011 6,603 4,408 6,55,864
October-2036 11,011 6,559 4,452 6,51,412
November-2036 11,011 6,514 4,497 6,46,916
December-2036 11,011 6,469 4,542 6,42,374
January-2037 11,011 6,424 4,587 6,37,787
February-2037 11,011 6,378 4,633 6,33,154
March-2037 11,011 6,332 4,679 6,28,474
April-2037 11,011 6,285 4,726 6,23,748
  14 $ 1,32,130 $ 71,592 $ 60,538 $ 5,63,210
May-2037 11,011 6,237 4,773 6,18,975
June-2037 11,011 6,190 4,821 6,14,154
July-2037 11,011 6,142 4,869 6,09,284
August-2037 11,011 6,093 4,918 6,04,366
September-2037 11,011 6,044 4,967 5,99,399
October-2037 11,011 5,994 5,017 5,94,382
November-2037 11,011 5,944 5,067 5,89,315
December-2037 11,011 5,893 5,118 5,84,198
January-2038 11,011 5,842 5,169 5,79,029
February-2038 11,011 5,790 5,221 5,73,808
March-2038 11,011 5,738 5,273 5,68,535
April-2038 11,011 5,685 5,326 5,63,210
  15 $ 1,32,130 $ 63,914 $ 68,216 $ 4,94,994
May-2038 11,011 5,632 5,379 5,57,831
June-2038 11,011 5,578 5,433 5,52,399
July-2038 11,011 5,524 5,487 5,46,912
August-2038 11,011 5,469 5,542 5,41,370
September-2038 11,011 5,414 5,597 5,35,773
October-2038 11,011 5,358 5,653 5,30,120
November-2038 11,011 5,301 5,710 5,24,410
December-2038 11,011 5,244 5,767 5,18,643
January-2039 11,011 5,186 5,824 5,12,819
February-2039 11,011 5,128 5,883 5,06,936
March-2039 11,011 5,069 5,942 5,00,995
April-2039 11,011 5,010 6,001 4,94,994
  16 $ 1,32,130 $ 55,263 $ 76,868 $ 4,18,126
May-2039 11,011 4,950 6,061 4,88,933
June-2039 11,011 4,889 6,122 4,82,811
July-2039 11,011 4,828 6,183 4,76,628
August-2039 11,011 4,766 6,245 4,70,384
September-2039 11,011 4,704 6,307 4,64,077
October-2039 11,011 4,641 6,370 4,57,707
November-2039 11,011 4,577 6,434 4,51,273
December-2039 11,011 4,513 6,498 4,44,775
January-2040 11,011 4,448 6,563 4,38,212
February-2040 11,011 4,382 6,629 4,31,583
March-2040 11,011 4,316 6,695 4,24,888
April-2040 11,011 4,249 6,762 4,18,126
  17 $ 1,32,130 $ 45,514 $ 86,616 $ 3,31,510
May-2040 11,011 4,181 6,830 4,11,296
June-2040 11,011 4,113 6,898 4,04,399
July-2040 11,011 4,044 6,967 3,97,432
August-2040 11,011 3,974 7,037 3,90,395
September-2040 11,011 3,904 7,107 3,83,288
October-2040 11,011 3,833 7,178 3,76,110
November-2040 11,011 3,761 7,250 3,68,860
December-2040 11,011 3,689 7,322 3,61,538
January-2041 11,011 3,615 7,395 3,54,143
February-2041 11,011 3,541 7,469 3,46,673
March-2041 11,011 3,467 7,544 3,39,129
April-2041 11,011 3,391 7,620 3,31,510
  18 $ 1,32,130 $ 34,529 $ 97,602 $ 2,33,908
May-2041 11,011 3,315 7,696 3,23,814
June-2041 11,011 3,238 7,773 3,16,041
July-2041 11,011 3,160 7,850 3,08,191
August-2041 11,011 3,082 7,929 3,00,262
September-2041 11,011 3,003 8,008 2,92,253
October-2041 11,011 2,923 8,088 2,84,165
November-2041 11,011 2,842 8,169 2,75,996
December-2041 11,011 2,760 8,251 2,67,745
January-2042 11,011 2,677 8,333 2,59,412
February-2042 11,011 2,594 8,417 2,50,995
March-2042 11,011 2,510 8,501 2,42,494
April-2042 11,011 2,425 8,586 2,33,908
  19 $ 1,32,130 $ 22,150 $ 1,09,980 $ 1,23,928
May-2042 11,011 2,339 8,672 2,25,236
June-2042 11,011 2,252 8,758 2,16,478
July-2042 11,011 2,165 8,846 2,07,632
August-2042 11,011 2,076 8,935 1,98,697
September-2042 11,011 1,987 9,024 1,89,673
October-2042 11,011 1,897 9,114 1,80,559
November-2042 11,011 1,806 9,205 1,71,354
December-2042 11,011 1,714 9,297 1,62,056
January-2043 11,011 1,621 9,390 1,52,666
February-2043 11,011 1,527 9,484 1,43,182
March-2043 11,011 1,432 9,579 1,33,603
April-2043 11,011 1,336 9,675 1,23,928
  20 $ 1,32,130 $ 8,202 $ 1,23,928 $ -0
May-2043 11,011 1,239 9,772 1,14,157
June-2043 11,011 1,142 9,869 1,04,287
July-2043 11,011 1,043 9,968 94,319
August-2043 11,011 943 10,068 84,252
September-2043 11,011 843 10,168 74,083
October-2043 11,011 741 10,270 63,813
November-2043 11,011 638 10,373 53,440
December-2043 11,011 534 10,476 42,964
January-2044 11,011 430 10,581 32,383
February-2044 11,011 324 10,687 21,696
March-2044 11,011 217 10,794 10,902
April-2044 11,011 109 10,902 -0

Flat Rate EMI Calculator
Calculate EMI for a flat rate loan with annual and monthly amortization tables
Loan Amount
Loan Term    years
Flat Rate   %


Reducing Balance EMI Calculator
Calculate EMI for loan with Reducing Balance Interest Rate method. Also check annual and monthly amortization tables.
Loan Amount  ₹ 
Loan Term     years
Interest Rate %



Flat -vs- Reducing Balance Interest Rate
Check the EMI Calculations for Flat vs Reducing Balance Interest Rate
Loan Amount      ₹   
Loan Term       years
Flat Rate                   %
Reducing Balance Rate %


Convert Flat to Reducing Balance Interest Rate
This tool finds the effective interest rate for a flat rate interest loan.
Loan Amount      ₹   
Loan Term       years
Flat Interest Rate %
EMI Moratorium Calculations
Compare Calculations after EMI Moratorium. Use these calculations to get approximate picture of the impact of EMI Diferment.
Loan Amount  ₹ 
Loan Term     months
Interest Rate %
Moratorium Period months



Compare EMI Calculations
Compare EMI calculations for 2 interest rates. See how EMI and total interest amount change for different interest rates and the same loan amount and tenure. Useful when bank interest rates are changes for existing loans.
Loan Amount  ₹ 
Loan Term     years
Interest Rate 1 %
Interest Rate 2 %