SAKXM

EMI Calculator

Find your estimated monthly instalment and the total interest you would pay over the life of a loan.

₹
%
yr

240 monthly instalments

Estimate

Principal₹10,00,000
Total interest₹11,59,342
Total repayment₹21,59,342
Estimated monthly EMI₹8,997
PrincipalInterest

How an EMI works

Each EMI covers that month's interest plus a slice of principal. Early instalments are mostly interest; later ones are mostly principal, because interest is charged on the reducing balance.

Lowering your total cost

A shorter tenure raises the EMI but sharply cuts total interest. Compare a few tenures above before you choose.

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