Loan calculator

Know your EMI — and what to do about it

Enter the three numbers you know; we solve the fourth, split every EMI into principal and interest, and tell you whether this loan is worth prepaying.

I want to find

Loan amount (₹)

EMI per month (₹)

Tenure

years + months

Interest rate (% per year)

Interest type

Loan type (for tailored advice)

Reducing or flat? With a reducing-balance loan, interest is charged only on what you still owe, so the interest part of the EMI falls every month. With a flat rate, interest is charged on the full original amount for the whole tenure — a 10% flat rate costs about the same as an 18% reducing rate. Home loans and car loans from banks are almost always reducing-balance; two-wheeler, consumer-durable and some personal or gold loans are quoted flat. Ask your lender which one applies — it changes everything below.

Monthly EMI

—

EMI—

Total interest—

Total payment—

Interest share of payments

First EMI: principal / interest—

Principal vs interest, year by year

Repayment schedule

Period	EMI paid	Principal	Interest	Balance

Educational calculators. Figures are estimates from the numbers you enter; they are not investment, tax or credit advice. SlateFlow Capital's SEBI Investment Adviser registration is under process — see Disclosures.