EMI Calculator
Work out the monthly instalment on a home loan, loan against property or any other mortgage before you apply — and see how much of it goes to interest.
EMI calculator
Move the sliders to see your monthly instalment, total interest and total payable. Indicative only — your final rate depends on the lender, profile and collateral.
Prefer exact numbers? Type them in — the sliders and the boxes stay in sync.
Monthly EMI
₹44,186
over 240 monthly instalments
- Principal
- ₹50,00,000
- Total interest
- ₹56,04,529
- Total payable
- ₹1,06,04,529
Talk to Mr. Manish Jotwani on 9650-50-6444
How the EMI is worked out
Your EMI is calculated on a reducing balance using the standard formula EMI = P × r × (1+r)ⁿ / ((1+r)ⁿ − 1), where P is the loan amount, r the monthly interest rate (annual rate ÷ 12 ÷ 100) and n the tenure in months.
A longer tenure lowers the monthly outgo but raises the total interest you pay. A shorter tenure does the opposite. The split bar above shows exactly where that balance sits for the numbers you have entered.
What this figure does not include
The result is indicative. It excludes processing fees, legal and technical charges, stamp duty, insurance and any lender-specific costs. Your actual rate depends on the lender, your credit profile, income documentation and the collateral offered — which is where getting the right advice before you apply makes the real difference.
Want to know the rate you actually qualify for?
Every case is different — especially when it is mixed with the legal aspects of collateral. Talk to us directly and we will tell you where you stand.