Calculators / Loans and credit
EMI calculator
Defaults come from the India rule pack india-2026-27.v1. Change any of them.
₹
₹50 L
%
Monthly EMI
₹43,391
- Total interest
- ₹54,13,879
- Total payment
- ₹1.04 Cr
Year by year
| Year | Principal | Interest | Balance |
|---|---|---|---|
| 1 | ₹99,511 | ₹4.21 L | ₹49 L |
| 2 | ₹1.08 L | ₹4.12 L | ₹47.92 L |
| 3 | ₹1.18 L | ₹4.03 L | ₹46.74 L |
| 4 | ₹1.28 L | ₹3.92 L | ₹45.46 L |
| 5 | ₹1.4 L | ₹3.81 L | ₹44.06 L |
| 6 | ₹1.52 L | ₹3.69 L | ₹42.54 L |
| 7 | ₹1.65 L | ₹3.55 L | ₹40.89 L |
| 8 | ₹1.8 L | ₹3.41 L | ₹39.09 L |
| 9 | ₹1.96 L | ₹3.25 L | ₹37.13 L |
| 10 | ₹2.13 L | ₹3.07 L | ₹35 L |
| 11 | ₹2.32 L | ₹2.89 L | ₹32.68 L |
| 12 | ₹2.53 L | ₹2.68 L | ₹30.15 L |
| 13 | ₹2.75 L | ₹2.46 L | ₹27.4 L |
| 14 | ₹2.99 L | ₹2.21 L | ₹24.41 L |
| 15 | ₹3.26 L | ₹1.95 L | ₹21.15 L |
| 16 | ₹3.55 L | ₹1.66 L | ₹17.6 L |
| 17 | ₹3.86 L | ₹1.35 L | ₹13.75 L |
| 18 | ₹4.2 L | ₹1.01 L | ₹9.55 L |
| 19 | ₹4.57 L | ₹63,604 | ₹4.97 L |
| 20 | ₹4.97 L | ₹23,202 | ₹0 |
How this is calculated
EMI = P × i × (1 + i)^n ÷ [(1 + i)^n − 1], where P is the loan, i the monthly rate and n the number of months. Early EMIs are mostly interest; the share of principal rises over time.
Educational estimate. Returns are not guaranteed; taxes and charges are not included unless stated. · india-2026-27.v1
What this means for you
Where the figures come from
Tax slabs, scheme rates and planning assumptions are kept in a dated rule pack with a source for each figure.
Where the rules come from
- Planning assumptions: My Money & Me editorial assumptions (checked 2026-10-26)Inflation, return, life-expectancy and withdrawal assumptions are planning defaults shown on every result; members can change them in each calculator.