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Monthly EMI
₹8,678
Principal Amount
₹10,00,000
Total Interest
₹10,82,776
Total Amount Payable
₹20,82,776
* EMI calculations are approximate. Actual EMI may vary based on lender terms.
About EMI Calculator
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Loan Planning
Calculate EMI for home loans, car loans, personal loans, and more
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Total Cost Analysis
See total interest payable and complete loan cost breakdown
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Tenure Impact
Understand how loan tenure affects your monthly EMI and total interest
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Budget Planning
Plan your monthly budget by knowing exact EMI amounts in advance
Understanding EMI
EMI (Equated Monthly Installment) is a fixed payment amount made by a borrower to a lender at a specified date each month. It consists of both principal and interest components.
Tips for Managing Loans:
- Choose the shortest tenure you can afford to minimize interest
- Make prepayments when possible to reduce principal
- Compare interest rates from multiple lenders
- Ensure EMI doesn't exceed 40% of your monthly income
- Consider fixed vs. floating rates based on market conditions
Home Loan
Typical rate: 8-9% p.a.
Tenure: 15-30 years
Car Loan
Typical rate: 9-11% p.a.
Tenure: 3-7 years
Personal Loan
Typical rate: 11-18% p.a.
Tenure: 1-5 years