STRATFIN
Loan & Investment Advisory
EMI Planning Tool
Free Calculator
EMI Calculator
Work out your exact monthly instalment, see how much of it goes toward interest, and review the full year-by-year repayment ledger before you apply.
Loan Type
Loan Amount
₹
₹1 L₹2 Cr
Interest Rate (per annum)
%
1%100%
Loan Tenure
yrs
1 yr30 yrs
Your Monthly EMI
₹0
0%interest
Principal
₹0
Interest
₹0
Principal amount₹0
Total interest payable₹0
Total amount payable₹0
For every ₹100 you borrow, you'll repay ₹0 in total.
Year-by-Year Repayment Schedule
Click any year to expand its month-by-month breakup.
| Year | Principal Paid | Interest Paid | Total Paid | Balance Remaining |
|---|
How EMI is calculated
EMI = P × r × (1+r)ⁿ ÷ [(1+r)ⁿ − 1], where P is the principal, r is the monthly interest rate (annual rate ÷ 12 ÷ 100), and n is the number of monthly instalments.
Why interest is front-loaded
Early instalments are weighted toward interest because it's charged on the outstanding balance, which is highest at the start. As the balance falls, more of each EMI goes toward principal.
Ways to reduce total interest
A shorter tenure, a larger down payment, or periodic part-prepayments toward principal all reduce the total interest paid over the life of the loan.
