See exactly how much of your EMI is interest, not just the total
Enter your loan amount, rate and tenure. You'll get your monthly EMI, plus a clear split of how much of your total repayment is principal versus interest — the part most calculators bury in a table.
Personal, home, car or education loans · Nothing you type is stored or sent anywhere
Sample: ₨10L · 9.5% · 5 yrs
estimateThree numbers in, a full repayment picture out
No account, no spreadsheet — just the figures your lender would ask you for anyway.
Amount, rate, tenure
Type in how much you want to borrow, the annual rate you've been offered, and how long you'd take to repay it.
The reducing-balance formula runs
The same formula banks use, applied instantly in your browser — nothing is sent to a server to be processed.
See EMI, interest, and total cost
Change the tenure or rate and recalculate to see how each choice shifts your monthly payment and total cost.
What your EMI is actually built from
Every EMI payment is really two payments in one: a slice that pays down what you borrowed (principal), and a slice that pays your lender for lending it to you (interest). Early in a loan, interest makes up a larger share of each payment — the calculator's snapshot above shows that split for your own numbers, not just the total.
The underlying formula is P × r × (1+r)ⁿ / ((1+r)ⁿ − 1), where P is your loan amount, r is the monthly interest rate, and n is the number of monthly instalments. It's the same reducing-balance method used across personal, home, car, and education loans.
Three levers, and the trade-off between them
Loan amount moves your EMI in direct proportion — borrow twice as much, and (rate and tenure held equal) your instalment roughly doubles too.
Interest rate raises both your EMI and your total interest paid, since every unpaid rupee or dollar of principal keeps accruing at that rate until it's cleared.
Tenure is the trickiest lever: stretching it out lowers your monthly EMI, which feels like relief — but it also means more months of interest accruing, so the total cost of the loan usually goes up even as the monthly bill goes down.
Try running the same loan amount through two or three different tenures above. Watching the EMI drop while total interest climbs is the clearest way to feel that trade-off before you sign anything.
The formula stays the same. What you're financing doesn't.
Pick the matching tab in the calculator above — here's roughly what each type is typically used for.
Personal Loan
1 – 5 yearsUnsecured borrowing for everyday expenses — no collateral needed, usually the shortest tenure of the four.
Home Loan
10 – 30 yearsFinancing a property purchase or build, secured against the home itself — the longest tenure by far.
Car Loan
1 – 7 yearsFinancing a vehicle, typically secured against the car — a middle-length tenure between personal and home loans.
Education Loan
5 – 15 yearsCovers tuition and related costs, often with a moratorium period before repayment starts.
Quick, private, and built on the formula your lender uses
Results without a reload
Your EMI, interest, and total repayment appear the instant you click calculate — the page never refreshes.
Nothing to sign up for
No account, no email capture, no payment details — open the page and start entering numbers.
Comfortable on a phone
Fields and results stack cleanly on a small screen, so it works just as well mid-conversation with a lender.
Works across loan types
Personal, home, car, or education — the reducing-balance formula underneath doesn't change, only your numbers do.
Your numbers stay yours
Everything runs locally in your browser — nothing you type is stored, logged, or sent to a server.
The same formula lenders use
Standard reducing-balance EMI math, so what you see here should line up closely with a real repayment offer.
Questions people ask before borrowing
EMI uses the formula P × r × (1+r)ⁿ / ((1+r)ⁿ − 1), where P is the loan amount, r is the monthly interest rate, and n is the number of monthly instalments.
Reducing balance interest is charged only on what you still owe, so it shrinks as you repay. A flat rate charges interest on the full original amount for the whole tenure, which almost always costs more overall.
No — it does the opposite. A longer tenure lowers your monthly EMI, but total interest paid goes up because interest keeps accruing over more months.
It uses the standard reducing-balance formula that applies to personal, home, car, and education loans. Your actual lender may still add processing fees or other charges this tool doesn't account for.
Yes — run each offer's amount, rate, and tenure through separately, then compare the EMI and total interest figures next to each other.
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