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EMI Calculator - Home Loan, Car Loan and Personal Loan

Updated on June 25, 2025 , 30665 views

A loan EMI calculator is a tool that helps you calculate your monthly instalments (EMIs) with just one click. It is really helpful and can be used easily by any individual who wants to know their Home Loan, car loan or personal loan EMIs in advance. To calculate your EMI, you need to enter the loan amount, interest rate, and the tenure of the loan.

EMI Calculator

EMI Calculator Online

EMI Calulator

Loan Amount:
Interest per annum:
%
Loan Period in Months:
Months

Term Loan Interest:₹132,012.05

Interest per annum:12%

Total Term Payment: ₹632,012.05

Term Loan Amortization Schedule (Monthly)

Month No.EMIPrincipalInterestCumulative InterestPending Amount
1₹13,166.92₹8,166.921,200%₹5,000₹491,833.08
2₹13,166.92₹8,248.591,200%₹9,918.33₹483,584.5
3₹13,166.92₹8,331.071,200%₹14,754.18₹475,253.42
4₹13,166.92₹8,414.381,200%₹19,506.71₹466,839.04
5₹13,166.92₹8,498.531,200%₹24,175.1₹458,340.51
6₹13,166.92₹8,583.511,200%₹28,758.51₹449,757
7₹13,166.92₹8,669.351,200%₹33,256.08₹441,087.65
8₹13,166.92₹8,756.041,200%₹37,666.95₹432,331.61
9₹13,166.92₹8,843.61,200%₹41,990.27₹423,488.01
10₹13,166.92₹8,932.041,200%₹46,225.15₹414,555.97
11₹13,166.92₹9,021.361,200%₹50,370.71₹405,534.61
12₹13,166.92₹9,111.571,200%₹54,426.05₹396,423.04
13₹13,166.92₹9,202.691,200%₹58,390.28₹387,220.35
14₹13,166.92₹9,294.711,200%₹62,262.49₹377,925.64
15₹13,166.92₹9,387.661,200%₹66,041.74₹368,537.98
16₹13,166.92₹9,481.541,200%₹69,727.12₹359,056.44
17₹13,166.92₹9,576.351,200%₹73,317.69₹349,480.09
18₹13,166.92₹9,672.121,200%₹76,812.49₹339,807.97
19₹13,166.92₹9,768.841,200%₹80,210.57₹330,039.13
20₹13,166.92₹9,866.531,200%₹83,510.96₹320,172.61
21₹13,166.92₹9,965.191,200%₹86,712.69₹310,207.41
22₹13,166.92₹10,064.841,200%₹89,814.76₹300,142.57
23₹13,166.92₹10,165.491,200%₹92,816.19₹289,977.08
24₹13,166.92₹10,267.151,200%₹95,715.96₹279,709.93
25₹13,166.92₹10,369.821,200%₹98,513.06₹269,340.11
26₹13,166.92₹10,473.521,200%₹101,206.46₹258,866.6
27₹13,166.92₹10,578.251,200%₹103,795.12₹248,288.35
28₹13,166.92₹10,684.031,200%₹106,278.01₹237,604.31
29₹13,166.92₹10,790.871,200%₹108,654.05₹226,813.44
30₹13,166.92₹10,898.781,200%₹110,922.18₹215,914.65
31₹13,166.92₹11,007.771,200%₹113,081.33₹204,906.88
32₹13,166.92₹11,117.851,200%₹115,130.4₹193,789.03
33₹13,166.92₹11,229.031,200%₹117,068.29₹182,560.01
34₹13,166.92₹11,341.321,200%₹118,893.89₹171,218.69
35₹13,166.92₹11,454.731,200%₹120,606.08₹159,763.96
36₹13,166.92₹11,569.281,200%₹122,203.72₹148,194.68
37₹13,166.92₹11,684.971,200%₹123,685.66₹136,509.71
38₹13,166.92₹11,801.821,200%₹125,050.76₹124,707.89
39₹13,166.92₹11,919.841,200%₹126,297.84₹112,788.05
40₹13,166.92₹12,039.041,200%₹127,425.72₹100,749.01
41₹13,166.92₹12,159.431,200%₹128,433.21₹88,589.58
42₹13,166.92₹12,281.021,200%₹129,319.11₹76,308.56
43₹13,166.92₹12,403.831,200%₹130,082.19₹63,904.73
44₹13,166.92₹12,527.871,200%₹130,721.24₹51,376.86
45₹13,166.92₹12,653.151,200%₹131,235.01₹38,723.71
46₹13,166.92₹12,779.681,200%₹131,622.24₹25,944.03
47₹13,166.92₹12,907.481,200%₹131,881.68₹13,036.55
48₹13,166.92₹13,036.551,200%₹132,012.05₹0

What is an EMI?

Consider that you have borrowed some money from your friend, but you are not able to return the entire amount at one shot. You both then decide that you would pay back a part of the due amount every month over a period of time at a certain interest rate until you pay him back in full. This is nothing but Equated Monthly Installments (EMI). EMIs are a predetermined sum, a borrower pays to his lender over a period of time until his loan extinguishes. Here, the borrower could be you and the lender could be the Bank that has given you the loan.

Understanding Working of EMI Calculator

An EMI Calculator is a handy tool that calculates the monthly amount payable to the lender according to the following mathematical formula; it has different variables present in it:

EMI = [P x R x (1+R)^N]/[(1+R)^N-1];

where, P, R, and N are the variables, which means the EMI value will change every time you change any of the three variables.

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Types of EMI Calculator

There are different types of EMI Calculators depending on the loans you plan to take. These are:

Home Loan EMI Calculator

Home loans is one of the most common bank loans taken every year. They usually tend to have a large principal and a longer tenure. This is why it is very important to make all your calculations well before you take a home loan. Our easy-to-use home loan emi calculator will let you know how much EMI you need to pay for the loan amount, so that you can have your finances in order before approaching the bank.

Car Loan EMI Calculator

The comforts of the car can lead to a greater discomfort in your budget if you do not take calculative steps. Prior to buying your dream car, be sure to run the numbers through our Car Loan EMI Calculator. There are many schemes available in the Market for buying cars, which can be very tempting. However, it is important to remember that if you are unable to pay your car loan amount in full, your vehicle can be repossessed by the banks.

Personal Loan EMI Calculator

Personal loans have become rather common these days, whether you are thinking of going for a vacation, or renovating your house, etc. It has become simple to take personal loans from various banks. We can help you estimate your personal loan details regarding how much EMI you’ll have to pay to the banks, etc. It is quick and easy with our Personal Loan EMI Calculator

Education Loan EMI calculator

The cost of education appears to be on the rise every year, and if you are planning to send your child for a higher education, you may be in need of an education loan. Generally, these loans come with a moratorium period so that one can start paying off the loan only after the education is complete. You can use our Education Loan EMI Calculator to find out the EMI amount you will have to pay for this loan.

Loan Against Property EMI Calculator

If you have any residential or commercial property, or Land registered under your name, you can use this as a Collateral to obtain a loan against property (LAP). These are secured loans, where you mortgage property as security. You can use our Loan Against Property EMI Calculator to understand how the EMI scheme works in this case.

What is Loan Amortization Schedule?

An amortized loan is designed to allow the borrower to pay off the loan in full over a certain period of time, in equal monthly loans. Now, the EMI that you pay against the loan you have taken is composed of two parts:

  • An interest part that is used by the bank
  • A principal part that is used to repay the original loan amount

As you keep paying your EMIs, the original principal amount keeps reducing. Over time, the interest on the loan amount decreases and the principal part of your EMI increases. At the end of the tenure, you would have paid off the principal amount in full. A loan amortization schedule keeps track of this EMI breakup, so you know exactly what portion of your EMI has been used for paying interest and what is used to reduce the principal. This schedule can be very helpful in understanding prepayment of loans and for refinancing, if required.

Factors Affecting Loan EMI

There are several factors that affect the EMI calculation. Since the EMI depends on the principal amount, tenure, and rate of interest, any change in these variables can cause a change in the EMI amount.

1. Change in Interest Rate

Loan interest rates can be fixed, floating, or hybrid. In case of a Fixed Interest Rate, the rate remains the same over the loan period. A Floating Interest Rate is linked to the MCLR (Marginal Cost of Funds Based Lending Rate) and can change multiple times over the loan period. This may change the EMI calculation for your loan. A loan with a hybrid interest rate has a fixed interest for a certain duration, after which the interest rate is decided by the MCLR. The EMI can change even for such loans.

2. Change in Tenure

If you change banks and carry over your loan to the new bank, the tenure of your loan may change in some cases. This will affect your EMI calculation. The EMI can decrease if the tenure increases and vice versa.

3. Prepayment of Loan

If you prepay your loan, the prepayment amount will be deducted from the original principal, effectively reducing your loan amount. If the tenure remains the same, the EMI can either decrease or stay the same. In the latter scenario, the portion of the EMI used for repaying the principal will increase, since the effective interest would be lesser than the original calculation.

Benefits of EMI Calculator

Even before you apply for a loan, you need to know if you have the ability to obtain a loan. This can be done with the help of a EMI Calculator. Calculating your EMI will let you budget better in order to make the EMI payments on time.

The other benefits of the EMI Calculator include:

  • Accessibility: You can use the EMI Calculator anytime, anywhere and make your budget calculations

  • Accuracy: Using a EMI Calculator is more accurate than calculating the numbers yourself

  • financial planning: As stated above, EMI calculations need to be done even before you start your loan application. A EMI Calculator can help you with this

Top Funds for 2025

*Best funds based on 3 year performance.

1. Invesco India PSU Equity Fund

To generate capital appreciation by investing in Equity and Equity Related Instruments of companies where the Central / State Government(s) has majority shareholding or management control or has powers to appoint majority of directors. However, there is no assurance or guarantee that the investment objective of the Scheme will be achieved. The Scheme does not assure or guarantee any returns.

Invesco India PSU Equity Fund is a Equity - Sectoral fund was launched on 18 Nov 09. It is a fund with High risk and has given a CAGR/Annualized return of 12.7% since its launch.  Ranked 33 in Sectoral category.  Return for 2024 was 25.6% , 2023 was 54.5% and 2022 was 20.5% .

Below is the key information for Invesco India PSU Equity Fund

Invesco India PSU Equity Fund
Growth
Launch Date 18 Nov 09
NAV (27 Jun 25) ₹65.03 ↑ 0.53   (0.82 %)
Net Assets (Cr) ₹1,394 on 31 May 25
Category Equity - Sectoral
AMC Invesco Asset Management (India) Private Ltd
Rating
Risk High
Expense Ratio 2.39
Sharpe Ratio -0.18
Information Ratio -0.17
Alpha Ratio 2.52
Min Investment 5,000
Min SIP Investment 500
Exit Load 0-1 Years (1%),1 Years and above(NIL)

Growth of 10,000 investment over the years.

DateValue
31 May 20₹10,000
31 May 21₹14,678
31 May 22₹15,757
31 May 23₹19,884
31 May 24₹40,074
31 May 25₹39,362

Invesco India PSU Equity Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹627,226.
Net Profit of ₹327,226
Invest Now

Returns for Invesco India PSU Equity Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 27 Jun 25

DurationReturns
1 Month 1%
3 Month 12.9%
6 Month 7.5%
1 Year -3.3%
3 Year 39%
5 Year 29%
10 Year
15 Year
Since launch 12.7%
Historical performance (Yearly) on absolute basis
YearReturns
2024 25.6%
2023 54.5%
2022 20.5%
2021 31.1%
2020 6.1%
2019 10.1%
2018 -16.9%
2017 24.3%
2016 17.9%
2015 2.5%
Fund Manager information for Invesco India PSU Equity Fund
NameSinceTenure
Dhimant Kothari19 May 205.04 Yr.

Data below for Invesco India PSU Equity Fund as on 31 May 25

Equity Sector Allocation
SectorValue
Industrials29.48%
Utility26.88%
Financial Services22.09%
Energy16.43%
Basic Materials3.8%
Asset Allocation
Asset ClassValue
Cash1.31%
Equity98.69%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Power Grid Corp Of India Ltd (Utilities)
Equity, Since 28 Feb 22 | 532898
9%₹111 Cr3,599,413
Bharat Electronics Ltd (Industrials)
Equity, Since 31 Mar 17 | BEL
8%₹109 Cr3,455,627
↓ -438,992
State Bank of India (Financial Services)
Equity, Since 28 Feb 21 | SBIN
8%₹108 Cr1,365,114
↑ 113,571
Bharat Petroleum Corp Ltd (Energy)
Equity, Since 30 Sep 18 | 500547
8%₹107 Cr3,445,961
Hindustan Aeronautics Ltd Ordinary Shares (Industrials)
Equity, Since 31 May 22 | HAL
8%₹105 Cr233,477
↑ 58,122
NTPC Ltd (Utilities)
Equity, Since 31 May 19 | 532555
6%₹76 Cr2,148,687
↑ 578,056
NTPC Green Energy Ltd (Utilities)
Equity, Since 30 Nov 24 | NTPCGREEN
5%₹59 Cr5,911,723
Hindustan Petroleum Corp Ltd (Energy)
Equity, Since 30 Nov 23 | HINDPETRO
5%₹59 Cr1,564,169
Bharat Dynamics Ltd Ordinary Shares (Industrials)
Equity, Since 31 May 22 | BDL
4%₹52 Cr338,824
NHPC Ltd (Utilities)
Equity, Since 31 Oct 22 | NHPC
4%₹51 Cr5,962,963
↑ 2,141,456

2. HDFC Infrastructure Fund

To seek long-term capital appreciation by investing predominantly in equity and equity related securities of companies engaged in or expected to benefit from growth and development of infrastructure.

HDFC Infrastructure Fund is a Equity - Sectoral fund was launched on 10 Mar 08. It is a fund with High risk and has given a CAGR/Annualized return of since its launch.  Ranked 26 in Sectoral category.  Return for 2024 was 23% , 2023 was 55.4% and 2022 was 19.3% .

Below is the key information for HDFC Infrastructure Fund

HDFC Infrastructure Fund
Growth
Launch Date 10 Mar 08
NAV (27 Jun 25) ₹48.416 ↑ 0.32   (0.66 %)
Net Assets (Cr) ₹2,540 on 31 May 25
Category Equity - Sectoral
AMC HDFC Asset Management Company Limited
Rating
Risk High
Expense Ratio 2.31
Sharpe Ratio -0.02
Information Ratio 0
Alpha Ratio 0
Min Investment 5,000
Min SIP Investment 300
Exit Load 0-1 Years (1%),1 Years and above(NIL)

Growth of 10,000 investment over the years.

DateValue
31 May 20₹10,000
31 May 21₹18,382
31 May 22₹20,960
31 May 23₹26,577
31 May 24₹47,409
31 May 25₹49,598

HDFC Infrastructure Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹705,310.
Net Profit of ₹405,310
Invest Now

Returns for HDFC Infrastructure Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 27 Jun 25

DurationReturns
1 Month 2.4%
3 Month 11.6%
6 Month 3.7%
1 Year 0.8%
3 Year 36.5%
5 Year 34.9%
10 Year
15 Year
Since launch
Historical performance (Yearly) on absolute basis
YearReturns
2024 23%
2023 55.4%
2022 19.3%
2021 43.2%
2020 -7.5%
2019 -3.4%
2018 -29%
2017 43.3%
2016 -1.9%
2015 -2.5%
Fund Manager information for HDFC Infrastructure Fund
NameSinceTenure
Srinivasan Ramamurthy12 Jan 241.38 Yr.
Dhruv Muchhal22 Jun 231.94 Yr.

Data below for HDFC Infrastructure Fund as on 31 May 25

Equity Sector Allocation
SectorValue
Industrials37.51%
Financial Services20.97%
Basic Materials11.02%
Utility7.56%
Energy6.75%
Communication Services4.01%
Real Estate2.2%
Health Care1.75%
Technology1.27%
Consumer Cyclical0.48%
Asset Allocation
Asset ClassValue
Cash6.48%
Equity93.52%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 09 | ICICIBANK
8%₹186 Cr1,300,000
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Aug 23 | HDFCBANK
6%₹135 Cr700,000
Larsen & Toubro Ltd (Industrials)
Equity, Since 30 Jun 12 | LT
5%₹127 Cr380,000
J Kumar Infraprojects Ltd (Industrials)
Equity, Since 31 Oct 15 | JKIL
4%₹94 Cr1,450,000
InterGlobe Aviation Ltd (Industrials)
Equity, Since 31 Dec 21 | INDIGO
3%₹79 Cr150,000
NTPC Ltd (Utilities)
Equity, Since 31 Dec 17 | 532555
3%₹78 Cr2,200,000
Kalpataru Projects International Ltd (Industrials)
Equity, Since 31 Jan 23 | KPIL
3%₹74 Cr758,285
Reliance Industries Ltd (Energy)
Equity, Since 31 May 24 | RELIANCE
3%₹70 Cr500,000
Bharti Airtel Ltd (Communication Services)
Equity, Since 30 Sep 20 | BHARTIARTL
3%₹65 Cr350,000
Paradeep Phosphates Ltd (Basic Materials)
Equity, Since 31 May 22 | 543530
3%₹62 Cr4,300,000
↓ -400,000

Disclaimer:
All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data. Please verify with scheme information document before making any investment.
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