EMI calculator
Enter your loan amount, interest rate and tenure. See your monthly EMI, the total interest and a full month-by-month repayment schedule.
- Results update as you type
- Tenure in years or months
- Download the schedule
Repayment view
See how your loan is repaid
Hover or tap the chart for the figures. The full numbers are in the schedule below.
Month by month
Repayment schedule
Open a year to see each instalment: how much goes to principal, how much to interest, and what's left to pay.
| Period | Principal | Interest | Total paid | Balance left | Loan paid |
|---|
The maths
How your EMI is calculated
The calculator uses the standard formula for a reducing-balance loan.
EMI = P × r × (1 + r)n ÷ ((1 + r)n − 1)
- P
- Loan amount
- r
- Monthly interest rate: yearly rate ÷ 12 ÷ 100
- n
- Number of monthly instalments
With your numbers
When the interest rate is 0%, the EMI is simply the loan amount divided by the number of instalments.
Found an EMI that works for you?
Next, compare the Click India plans, or send us a question about your numbers.
