EMI Calculator 2025
Home, Car, Personal & Education Loans – Instant Calculation
EMI Calculation
Monthly EMI
₹0
Total Interest
₹0
Total Payment
₹0
Processing Fee
₹0
Amortization Schedule (First 12 Months)
| Month | EMI | Principal | Interest | Outstanding |
|---|
Loan Tips
- Prepay to save ₹X in interest
- Choose floating rate for home loans
- Tax deduction: ₹2L on home loan interest
About Loan EMI
EMI = P × r × (1+r)^n / ((1+r)^n – 1) where P = principal, r = monthly rate, n = months.
Total Interest = Total Payment – Principal
Processing Fee = 0.5–1% of loan amount
Loan Types:
- Home: 8.15–9.5% (20–30 yrs)
- Car: 8.5–11% (3–7 yrs)
- Personal: 10.5–16% (1–5 yrs)
Rates from SBI, HDFC, ICICI – Updated Oct 2025.